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Peabody 01960 Proctor
11 Charles St
$540,000
● House - Off Market

11 Charles St

Peabody, MA 01960
bedrooms
2 Beds
bathrooms
1 Bath
square feet
768 Ft²
$482,643
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

Location! Location! Location! Tucked back in one of Peabody's most popular neighborhoods with easy access to shops, restaurants, parks and offering convenient access to commuter highways, this adorable two bedroom home nestled on a corner lot of a dead end street brings opportunity for single level living at it's best! 11 Charles Street is turn key ready featuring an open floor plan and generously sized bedrooms and space for eat-in kitchen. The beautful yard space is the perfect spot for your summer backyard fun and entertaining! Showings start at the open houses.
Unit Size
768 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$618
Property Type
House
Property Taxes
$294
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: 6 months ago (MLSPIN #72968785)

Price History

Date / Event Date Event Price
Jun 29, 2022 Sold
Premium
Sold
Apr 20, 2022 Listed by Bentley's $475,000
Listed by Bentley's
Oct 15, 2019 Sold
Premium
Sold
Aug 10, 2019 Listed by Bentley's $369,000
Listed by Bentley's
Apr 20, 2016 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,953
  • Total Building Area: 768
  • Gross Building Area: 768
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 768
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000114
  • 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: 210402

Zoning

  • Zoning: R1A

Geography

  • Account Number: 8803
  • Parcel: PEAB M:0073 B:0313
  • Block: 313
  • Municipality: PEABODY
  • Latitude: 42.5287
  • Longitude: -70.9416

    Address

  • Full Address: 11 Charles St
  • Address - House Number: 11
  • Address - Street Name: Charles
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C044
  • 4-Digit Zip Code: 4232
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $385,900

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 524,533
  • High Value: 615,533
  • Low Value: 433,533

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $423,100
  • Assessed Land Value: $219,700
  • Assessed Improvements Value: $203,400

    Sales

  • Current Sale Contract Date: Jun 29, 2022
  • Current Sale Recording Date: Jun 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220629002540
  • Previous Sale Recording Date: Oct 15, 2019
  • Previous Sale Contract Date: Oct 10, 2019
  • Previous Sale Amount: $369,000
  • 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 Proctor

Stats & Trends

Median Asking:

$595,000

Sale Price/ft²

$375

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1863 ft²

Average Home Age

72.6 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: 6 months ago
Data Source: MLS PIN, MLS# 72968785

Frequently Asked Questions

When was property at 11 Charles Street built and last sold?
The property at 11 Charles Street was built in 1950 and last sold on Jun 29, 2022 for $540,000.
How much is this home worth?
The estimated value of the home located at 11 Charles Street is $462,235.
What are some comparable homes to 11 Charles Street?
There are currently no comparable homes to 11 Charles Street.
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