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Peabody 01960 West Peabody
11 Nichols Road
Photo of 11 Nichols Road
Sold on Sep 18, 2026

41

Map

Photo of 11 Nichols Road
Photo of 11 Nichols Road
$649,000
● House - Off Market

11 Nichols Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,703 Ft²
$3,604
Est. Monthly

About This Property

Welcome to 11 Nichols Rd- a charming 3 bedroom one and a half bath ranch with 1700 sq ft of single level living and a bonus 3 season expansive sunroom with an abundance of natural light. Located in the residential neighborhood known as Jordan Acres in Peabody; you're centrally located close to the high school, Independence Greenway walking trail, West Peabody Branch library, shopping center, and a short distance to the highway for a quick commute to Boston. This home is move in ready with a ton of space and a lot of upgrades such as the vinyl siding, updated bathrooms, and outdoor fireplace with an inviting patio area but is also perfect for someone eager to renovate. Plenty of off street parking and fenced yard. Sold as-is.
Unit Size
1,703 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$381
Property Type
House
Property Taxes
$417
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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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: 30 days ago (MLSPIN #73555337)

Price History

Date / Event Date Event Price
Sep 18, 2026 Sold
Premium
Sold
Aug 18, 2026 In contract -
In contract
Aug 11, 2026 Price Decreased $649,000
↓ $26K (3.9%)
Price Decreased
Jul 27, 2026 Listed by Century 21 Property Central Inc. $675,000
Listed by Century 21 Property Central Inc.
Aug 15, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,703
  • Gross Building Area: 1,703
  • Building Area: 1,703
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,703
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 210100

Zoning

  • Zoning: R1

Geography

  • Account Number: 2809
  • Parcel: PEAB M:0018 B:0005
  • Block: 5
  • Municipality: PEABODY
  • Latitude: 42.5527
  • Longitude: -70.9886

    Address

  • Full Address: 11 Nichols Rd
  • Address - House Number: 11
  • Address - Street Name: Nichols
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C035
  • 4-Digit Zip Code: 1249
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $510,700

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 704,372
  • High Value: 823,532
  • Low Value: 585,211

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $560,000
  • Assessed Land Value: $318,800
  • Assessed Improvements Value: $241,200

    Sales

  • Current Sale Recording Date: Aug 15, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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 West Peabody

Stats & Trends

Median Asking:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2125 ft²

Average Home Age

52.2 years

Currently For Sale

11 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: 30 days ago
Data Source: MLS PIN, MLS# 73555337

Frequently Asked Questions

When was property at 11 Nichols Road built and last sold?
The property at 11 Nichols Road was built in 1955 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 11 Nichols Road is $654,974.
What are some comparable homes to 11 Nichols Road?
There are currently no comparable homes to 11 Nichols Road.
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