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Peabody 01960 West Peabody
1 Villa Lane
$410,000
● House - Off Market

1 Villa Lane

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,716 Ft²
$687,627
RealtyHop Estimate
63.76%
Since Feb 1, 2017
MA-Boston
Primary Model

About This Property

Well maintained ranch, on a large corner lot in West Peabody, close to Lynnfield, Middleton  line.  Open floor plan. Oak  kitchen & fireplace family room.  Family room with french doors to private fenced in yard with large patio.  Great for entertaining.  This home has an extra bonus room that can be used as a bedroom, home gym or for extra storage. Other amenities are a half bath off the master bedroom, ceiling fans, roof is  2 1/2 years old, sprinkler system, newer heating system. Open house Sunday 10/23 form 11:30-1:00
Unit Size
1,716 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$245
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72075253)

Price History

Date / Event Date Event Price
Jan 19, 2017 Sold
Premium
Sold
Sep 30, 2016 Listed by Coldwell Banker Residential Brokerage - Lynnfield $419,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield
Jul 27, 1990 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,300
  • Total Building Area: 1,716
  • Gross Building Area: 1,716
  • Building Area: 1,716
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,716
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000374
  • 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: 210100

Zoning

  • Zoning: R1

Geography

  • Account Number: 1568
  • Parcel: PEAB M:0008 B:0085
  • Block: 85
  • Municipality: PEABODY
  • Latitude: 42.562
  • Longitude: -71.0262

    Address

  • Full Address: 1 Villa Ln
  • Address - House Number: 1
  • Address - Street Name: Villa
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Peabody
  • Carrier Code: C030
  • 4-Digit Zip Code: 2013
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $535,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1499
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 655,791
  • High Value: 754,149
  • Low Value: 557,432

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $587,500
  • Assessed Land Value: $320,000
  • Assessed Improvements Value: $267,500

    Sales

  • Current Sale Recording Date: Jan 19, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 90
  • Previous Sale Recording Date: Jul 27, 1990
  • Previous Sale Amount: $160,000
  • 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 West Peabody

Stats & Trends

Median Asking:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2101 ft²

Average Home Age

53.6 years

Currently For Sale

11 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72075253

Frequently Asked Questions

When was property at 1 Villa Lane built and last sold?
The property at 1 Villa Lane was built in 1960 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 1 Villa Lane is $433,129.
What are some comparable homes to 1 Villa Lane?
There are currently no comparable homes to 1 Villa Lane.
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