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Peabody 01960 South Peabody
10 Gedney Drive
$650,000
● House - Off Market

10 Gedney Drive

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,053 Ft²
$808,972
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

Beautiful 3 Bedroom Colonial built in 2014 and located in new Boulderwood  Neighborhood . Spacious front to back living room with Slider to Deck. Open floor plan with dining room open to Stunning Kitchen with  Center Island  Granite Counters ,Stainless Appliances and Gleaming Hardwood Floors. Master bedroom has Full Bath with Shower and Granite Vanity and Walk in closet. Two other Generous sized Bedrooms and Full Bath also on second floor. Lower Level has Finished Family room and access to 1 car garage.Professional Landscaped Yard all Fenced in and Sprinkler System. . Home shows Beautiful with Great Quality , Design and Decor. A must see property.
Unit Size
2,053 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$292
Property Type
House
Property Taxes
$461
HOA Dues
-
Year Built
2014

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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 #72672222)

Price History

Date / Event Date Event Price
Jul 31, 2020 Sold
Premium
Sold
Jun 11, 2020 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $599,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Dec 15, 2014 Sold
Premium
Sold
Nov 11, 2014 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $415,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 8
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,552
  • Total Building Area: 2,043
  • Gross Building Area: 2,043
  • Building Area: 2,043
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,043
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000265
  • 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: 210500

Zoning

  • Zoning: R1

Geography

  • Parcel: PEAB M:0114 B:0100
  • Block: 100
  • Municipality: PEABODY
  • Latitude: 42.5063
  • Longitude: -70.9662

    Address

  • Full Address: 10 Gedney Dr
  • Address - House Number: 10
  • Address - Street Name: Gedney
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C008
  • 4-Digit Zip Code: 4514
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $627,200

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 806,920
  • High Value: 946,763
  • Low Value: 667,077

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $687,700
  • Assessed Land Value: $304,100
  • Assessed Improvements Value: $383,600

    Sales

  • Current Sale Contract Date: Jul 30, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200731003560
  • Previous Sale Recording Date: Dec 15, 2014
  • Previous Sale Amount: $417,400
  • Previous Sale Document Type: O
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 South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$410

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2212 ft²

Average Home Age

70.1 years

Currently For Sale

15 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# 72672222

Frequently Asked Questions

When was property at 10 Gedney Drive built and last sold?
The property at 10 Gedney Drive was built in 2014 and last sold on Jul 30, 2020 for $650,000.
How much is this home worth?
The estimated value of the home located at 10 Gedney Drive is $611,198.
What are some comparable homes to 10 Gedney Drive?
There are currently no comparable homes to 10 Gedney Drive.
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