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Peabody 01960 Peabody Town Center
1 Seneca Road
$320,000
● House - Off Market

1 Seneca Road

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,296 Ft²
$580,655
RealtyHop Estimate
81.51%
Since Jul 1, 2014
MA-Boston
Primary Model

About This Property

NEW TO THE PEABODY MARKET! Classic Cape-Cod home on a sun filled corner lot located in heavily sought after Gardner Park neighborhood. Features a flexible floor plan to accommodate your choice of master bedroom on either the 1st or 2nd floor  with a total of 4 generous sized bedrooms with large closets, 2 walk-in closets, gleaming hardwood floors, newly updated kitchen with granite countertops & stainless appliances with bonus mudroom with pantry.  Volumes of storage space, a full basement with new bulkhead, new electric, new oil tank, new fenced in yard with mature perennial gardens. Enjoy the benefits of having an oversize one car garage with additional storage above & a new garage door. This home is in turn key condition & is a pleasure to show!
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$247
Property Type
House
Property Taxes
$221
HOA Dues
-
Year Built
1953

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #71643966)

Price History

Date / Event Date Event Price
Jun 2, 2014 Sold
Premium
Sold
Mar 12, 2014 Listed by Northrup Associates $319,900
Listed by Northrup Associates
Feb 25, 2009 Sold
Premium
Sold
Nov 19, 2008 Listed by Northrup Associates $275,000
Listed by Northrup Associates

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,118
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000163
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Peabody School District
  • School Tax School District: PEABODY SD
  • Census Tract: 210900

Zoning

  • Zoning: R1A

Geography

  • Account Number: 7537
  • Parcel: PEAB M:0064 B:0162
  • Block: 162
  • Municipality: PEABODY
  • Latitude: 42.5351
  • Longitude: -70.9224

    Address

  • Full Address: 1 Seneca Rd
  • Address - House Number: 1
  • Address - Street Name: Seneca
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C004
  • 4-Digit Zip Code: 1820
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $439,500

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 597,585
  • High Value: 704,240
  • Low Value: 490,929

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $481,900
  • Assessed Land Value: $236,100
  • Assessed Improvements Value: $245,800

    Sales

  • Current Sale Recording Date: Jun 02, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60200269
  • Previous Sale Recording Date: Feb 25, 2009
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Peabody Town Center

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$388

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1548 ft²

Average Home Age

82.7 years

Currently For Sale

21 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71643966

Frequently Asked Questions

When was property at 1 Seneca Road built and last sold?
The property at 1 Seneca Road was built in 1953 and last sold on Jan 1, 1970 for $320,000.
How much is this home worth?
The estimated value of the home located at 1 Seneca Road is $329,137.
What are some comparable homes to 1 Seneca Road?
There are currently no comparable homes to 1 Seneca Road.
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