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Peabody 01960 South Peabody
11 Longview Way
$292,000
● House - Off Market

11 Longview Way

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,336 Ft²
$525,496
RealtyHop Estimate
75.81%
Since Jan 1, 2016
MA-Boston
Primary Model

About This Property

NEW PRICE-MOTIVATED SELLER! This classic  New England cape cod has been freshly painted and ready for its new owner. First floor offers hardwood floors, updated fully applianced oak kitchen,  family room addition off kitchen with cathedral ceiling and gas stove and two bedrooms.Second floor has two additional rooms. Lower level has finished game/play room.  Exterior is maintenance free, large deck off family room, fenced in yard and 1 car garage. Close to Brown School and easy access to major highways.
Unit Size
1,336 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$224
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
1942

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71912691)

Price History

Date / Event Date Event Price
Dec 31, 2015 Sold
Premium
Sold
Sep 30, 2015 Listed by RE/MAX Advantage Real Estate $298,900
Listed by RE/MAX Advantage Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,016
  • Total Building Area: 1,336
  • Gross Building Area: 1,336
  • Building Area: 1,336
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,336
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 210600

Zoning

  • Zoning: R1A

Geography

  • Account Number: 14815
  • Parcel: PEAB M:0116 B:0014
  • Block: 14
  • Municipality: PEABODY
  • Latitude: 42.5042
  • Longitude: -70.9505

    Address

  • Full Address: 11 Longview Way
  • Address - House Number: 11
  • Address - Street Name: Longview
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Peabody
  • Carrier Code: C015
  • 4-Digit Zip Code: 6413
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $448,100

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 575,233
  • High Value: 681,244
  • Low Value: 469,222

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $491,300
  • Assessed Land Value: $227,700
  • Assessed Improvements Value: $263,600

    Sales

  • Current Sale Recording Date: Dec 31, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 153
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

$405

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2161 ft²

Average Home Age

75.1 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71912691

Frequently Asked Questions

When was property at 11 Longview Way built and last sold?
The property at 11 Longview Way was built in 1942 and last sold on Jan 1, 1970 for $292,000.
How much is this home worth?
The estimated value of the home located at 11 Longview Way is $312,928.
What are some comparable homes to 11 Longview Way?
There are currently no comparable homes to 11 Longview Way.
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