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Peabody 01960 Proctor
10 Newton Drive
$440,000
● House - Off Market

10 Newton Drive

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,800 Ft²
$729,181
RealtyHop Estimate
65.76%
Since Nov 1, 2016
MA-Boston
Primary Model

About This Property

Desirable Brooksby Farm Area! This custom oversized 7 room split-level ranch offers plenty of space for the growing family.  Large rooms, eat-in kitchen, formal dining room, living room and lower level family room. Roof and heating system 10 yrs old. Gorgeous level 16,000+ sf lot with in-ground pool and fruit trees. Located close to shopping malls and major highways.  OPEN HOUSE SAT & SUN 11-12:30.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$244
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1970

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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 #72067622)

Price History

Date / Event Date Event Price
Oct 26, 2016 Sold
Premium
Sold
Sep 11, 2016 Listed by J. Barrett & Company $439,900
Listed by J. Barrett & Company

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • 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: 480
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 16,997
  • Total Building Area: 1,962
  • Gross Building Area: 1,962
  • Building Area: 1,962
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,962
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • 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: 4708
  • Parcel: PEAB M:0038 B:0100
  • Block: 100
  • Municipality: PEABODY
  • Latitude: 42.5434
  • Longitude: -70.9584

    Address

  • Full Address: 10 Newton Dr
  • Address - House Number: 10
  • Address - Street Name: Newton
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C005
  • 4-Digit Zip Code: 1432
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $587,500

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 741,150
  • High Value: 866,532
  • Low Value: 615,768

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $644,200
  • Assessed Land Value: $320,700
  • Assessed Improvements Value: $323,500

    Sales

  • Current Sale Recording Date: Oct 26, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 203
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:

$597,450

Sale Price/ft²

$378

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1757 ft²

Average Home Age

76.9 years

Currently For Sale

17 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72067622

Frequently Asked Questions

When was property at 10 Newton Drive built and last sold?
The property at 10 Newton Drive was built in 1970 and last sold on Jan 1, 1970 for $440,000.
How much is this home worth?
The estimated value of the home located at 10 Newton Drive is $459,545.
What are some comparable homes to 10 Newton Drive?
There are currently no comparable homes to 10 Newton Drive.
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