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Peabody 01960 Proctor
1 Stratis Way
Photo of 1 Stratis Way
Sold on Oct 6, 2008

1

Map

$470,000
● House - Off Market

1 Stratis Way

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,488 Ft²
$1,071,779
RealtyHop Estimate
106.51%
Since Nov 1, 2008
MA-Boston
Primary Model

About This Property

Lovely 9 room colonial on a cul-de-sac in the desirable Brooksby Farm area, large gourmet kitchen with oak cabinets, breakfast area with slider, leading to a beautifully manicured yard, family room with gas fireplace and large living room and dining room. three large bedrooms, master bedroom with private bath and jet tub. Also an office and a finished basement. Enjoy the quiet walking trails of Brooksby Farm and still be near a Hospital, Mall, and major roads.
Unit Size
2,488 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$209
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1995

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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: 4 months ago (MLSPIN #70784965)

Price History

Date / Event Date Event Price
Oct 6, 2008 Sold
Premium
Sold
Jun 29, 2008 Listed $519,000
Listed
Nov 8, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,337
  • Total Building Area: 2,588
  • Gross Building Area: 2,588
  • Building Area: 2,588
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,588
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000398
  • 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: 210301

Zoning

  • Zoning: R1A

Geography

  • Account Number: 5883
  • Parcel: PEAB M:0050 B:0160
  • Block: 160
  • Municipality: PEABODY
  • Latitude: 42.5413
  • Longitude: -70.9535

    Address

  • Full Address: 1 Stratis Way
  • Address - House Number: 1
  • Address - Street Name: Stratis
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Peabody
  • Carrier Code: C054
  • 4-Digit Zip Code: 2835
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $674,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1629
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 850,935
  • High Value: 989,566
  • Low Value: 712,304

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $739,000
  • Assessed Land Value: $321,000
  • Assessed Improvements Value: $418,000

    Sales

  • Current Sale Recording Date: Oct 06, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 08, 1995
  • Previous Sale Amount: $98,000
  • 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 Proctor

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$375

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1730 ft²

Average Home Age

78.4 years

Currently For Sale

16 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70784965

Frequently Asked Questions

When was property at 1 Stratis Way built and last sold?
The property at 1 Stratis Way was built in 1995 and last sold on Jan 1, 1970 for $470,000.
How much is this home worth?
The estimated value of the home located at 1 Stratis Way is $546,844.
What are some comparable homes to 1 Stratis Way?
There are currently no comparable homes to 1 Stratis Way.
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