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Peabody 01960 Peabody Town Center
10 Lincoln Rd
$720,000
● House - Off Market

10 Lincoln Rd

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,612 Ft²
$3,536
Est. Monthly

About This Property

*** OPEN HOUSE's ARE CANCELLED- offer accepted by Seller. Come check out this thoughtfully renovated ranch style home featuring 3 bedrooms, 2 brand-new baths perfect for one level living but with the bonus of a fully renovated walk out lower level. The expansive fenced-in yard includes a new paver patio, perfect for outdoor entertaining, maybe you have dreams of a future pool or outdoor kitchen or even a great spot for just sitting around a fire pit on a crisp fall night. A finished basement offers easy access to the backyard, while a one-car garage provides added convenience and storage. With so many recent upgrades including a new roof, siding, electrical, plumbing, new gas heating & a new air conditioning system, this home promises worry-free living for years to come!  Don't miss the chance to make it yours!
Unit Size
1,612 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$403
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1950

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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 #73178130)

Price History

Date / Event Date Event Price
Dec 14, 2023 Sold
Premium
Sold
Nov 11, 2023 In contract -
In contract
Nov 7, 2023 Listed by Lyv Realty $649,995
Listed by Lyv Realty
Apr 19, 2022 Sold
Premium
Sold
Nov 30, 1979 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 2
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,078
  • Total Building Area: 912
  • Gross Building Area: 912
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 912
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000208
  • 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: 7676
  • Parcel: PEAB M:0065 B:0037
  • Block: 37
  • Municipality: PEABODY
  • Latitude: 42.5341
  • Longitude: -70.921

    Address

  • Full Address: 10 Lincoln Rd
  • Address - House Number: 10
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C007
  • 4-Digit Zip Code: 3230
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $435,100
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1668
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 598,679
  • High Value: 698,541
  • Low Value: 498,816

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $477,100
  • Assessed Land Value: $243,700
  • Assessed Improvements Value: $233,400

    Sales

  • Current Sale Contract Date: Dec 14, 2023
  • Current Sale Recording Date: Dec 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20231214001800
  • Previous Sale Recording Date: Apr 19, 2022
  • Previous Sale Contract Date: Apr 19, 2022
  • Previous Sale Amount: $373,000
  • Previous Sale Document Type: 34
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

$387

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1522 ft²

Average Home Age

83 years

Currently For Sale

23 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# 73178130

Frequently Asked Questions

When was property at 10 Lincoln Road built and last sold?
The property at 10 Lincoln Road was built in 1950 and last sold on Dec 14, 2023 for $720,000.
How much is this home worth?
The estimated value of the home located at 10 Lincoln Road is $664,826.
What are some comparable homes to 10 Lincoln Road?
There are currently no comparable homes to 10 Lincoln Road.
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