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Peabody 01960 South Peabody
11 Louis Road
$455,000
● House - Off Market

11 Louis Road

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,795 Ft²
$687,636
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

Beautifully updated and instantly appealing Raised Cape in wonderful South Peabody location!   Walk in lower level greets you with brand new updated family room and additional bonus room that could be an optional office. Main  floor boasts a living room with a bow window allowing the sun -light to pour in.  Smashing updated cherry kitchen with SS appliances than opens to the dining room that offers bead board decor & a walls of windows for added sun light.  Two first floor bedrooms and a full bath. Top floor offers two front to back bedrooms and master bedroom with huge closet space and a sparkling brand new bath.  Enjoy the warm summer days on the outdoor deck that overlooks a fenced in yard.  Hardwood floors throughout except lower level. Garage, gas heating and easy access to major highway.  A LOVELY HOME!
Unit Size
1,795 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$245
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1962

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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 #72150891)

Price History

Date / Event Date Event Price
Jun 23, 2017 Sold
Premium
Sold
Apr 21, 2017 Listed by Coldwell Banker Residential Brokerage - Lynnfield $439,000
Listed by Coldwell Banker Residential Brokerage - Lynnfield
Feb 7, 2014 Sold
Premium
Sold
Oct 25, 2013 Listed by Coldwell Banker Residential Brokerage - Lynnfield $349,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,020
  • Total Building Area: 1,795
  • Gross Building Area: 1,795
  • Building Area: 1,795
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,795
  • Heating Fuel Type: 3

    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: 210500

Zoning

  • Zoning: R1

Geography

  • Account Number: 13509
  • Parcel: PEAB M:0107 B:0118
  • Block: 118
  • Municipality: PEABODY
  • Latitude: 42.5131
  • Longitude: -70.962

    Address

  • Full Address: 11 Louis Rd
  • Address - House Number: 11
  • Address - Street Name: Louis
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C039
  • 4-Digit Zip Code: 5115
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $562,800

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 721,448
  • High Value: 846,610
  • Low Value: 596,286

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $617,100
  • Assessed Land Value: $227,800
  • Assessed Improvements Value: $389,300

    Sales

  • Current Sale Recording Date: Jun 23, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 390
  • Previous Sale Recording Date: Feb 07, 2014
  • Previous Sale Amount: $5,000
  • 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 South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$403

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1943 ft²

Average Home Age

78.5 years

Currently For Sale

13 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72150891

Frequently Asked Questions

When was property at 11 Louis Road built and last sold?
The property at 11 Louis Road was built in 1962 and last sold on Jan 1, 1970 for $455,000.
How much is this home worth?
The estimated value of the home located at 11 Louis Road is $435,270.
What are some comparable homes to 11 Louis Road?
There are currently no comparable homes to 11 Louis Road.
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