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Peabody 01960 Proctor
11 Columbus Road
$639,000
● House - Off Market

11 Columbus Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,704 Ft²
$658,266
RealtyHop Estimate
3.01%
Since Apr 1, 2023
MA-Boston
Primary Model

About This Property

Welcome to The Emerson Park Neighborhood, voted the best by North Shore Magazine.  Completely updated, you will be pleased to view this lovely Dutch colonial with an updated and trendy kitchen, formal dining room, adjacent to the living room and sun room with French doors.    Hardwood floors, laundry room on first floor as well.  Upstairs is your home office, 2 additional good size bedrooms and full bath.  Third floor bonus area hosts the main bedroom with built in drawers and half bath and linen closet. Oversized 2 car garage with auto opener.  Back yard abutts wood lands.  This home has had major updates including new windows, heat and a.c.,plumbing, electric, driveway, wood floors, appliances.
Unit Size
1,704 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$375
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1934

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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 #73078318)

Price History

Date / Event Date Event Price
Mar 17, 2023 Sold
Premium
Sold
Feb 11, 2023 No longer available -
No longer available
Feb 11, 2023 Listed by LAER Realty Partners $639,000
Listed by LAER Realty Partners
Jan 31, 2023 In contract -
In contract
Jan 28, 2023 Relisted $639,000
Relisted
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,491
  • Total Building Area: 1,704
  • Gross Building Area: 1,704
  • Building Area: 1,704
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,704
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000103
  • 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: 9035
  • Parcel: PEAB M:0074 B:0175
  • Block: 175
  • Municipality: PEABODY
  • Latitude: 42.5304
  • Longitude: -70.941

    Address

  • Full Address: 11 Columbus Rd
  • Address - House Number: 11
  • Address - Street Name: Columbus
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C044
  • 4-Digit Zip Code: 4203
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $527,800

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 609,305
  • High Value: 715,012
  • Low Value: 503,598

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $578,700
  • Assessed Land Value: $216,200
  • Assessed Improvements Value: $362,500

    Sales

  • Current Sale Contract Date: Mar 17, 2023
  • Current Sale Recording Date: Mar 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230317002800
  • Previous Sale Recording Date: Jul 29, 2022
  • Previous Sale Contract Date: Jul 29, 2022
  • Previous Sale Amount: $472,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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:

$599,900

Sale Price/ft²

$375

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1730 ft²

Average Home Age

78.4 years

Currently For Sale

16 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# 73078318

Frequently Asked Questions

When was property at 11 Columbus Road built and last sold?
The property at 11 Columbus Road was built in 1934 and last sold on Mar 17, 2023 for $639,000.
How much is this home worth?
The estimated value of the home located at 11 Columbus Road is $635,271.
What are some comparable homes to 11 Columbus Road?
There are currently no comparable homes to 11 Columbus Road.
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