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Peabody 01960 South Peabody
11 Quarry Terrace
$365,000
● House - Off Market

11 Quarry Terrace

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,664 Ft²
$634,366
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

Quiet cul-de sac location for this 6 room ranch. First floor offers kitchen with stainless appliances and tile flooring, living room with bow window, 3 bedrooms all with hardwood floors and a full bath. Lower levels offer a family room with another full bath. Central air. Private back yard. One car garage and 4 car parking.
Unit Size
1,664 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$222
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1950

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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: 5 months ago (MLSPIN #71945462)

Price History

Date / Event Date Event Price
Nov 23, 2020 Sold
Premium
Sold
Oct 6, 2020 Listed by Littlefield Real Estate $439,999
Listed by Littlefield Real Estate
Mar 28, 2016 Sold
Premium
Sold
Jan 5, 2016 Listed by Littlefield Real Estate $369,900
Listed by Littlefield Real Estate
Jul 11, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 680
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,251
  • Total Building Area: 1,664
  • Gross Building Area: 1,664
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEABODY
  • Land Acres: 0000000144
  • 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: 12466
  • Parcel: PEAB M:0101 B:0158
  • Block: 158
  • Municipality: PEABODY
  • Latitude: 42.515
  • Longitude: -70.956

    Address

  • Full Address: 11 Quarry Ter
  • Address - House Number: 11
  • Address - Street Name: Quarry
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Peabody
  • Carrier Code: C045
  • 4-Digit Zip Code: 5117
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $489,000

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 653,188
  • High Value: 769,767
  • Low Value: 536,608

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $536,200
  • Assessed Land Value: $229,500
  • Assessed Improvements Value: $306,700

    Sales

  • Current Sale Contract Date: Nov 19, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201123004710
  • Previous Sale Recording Date: Mar 28, 2016
  • Previous Sale Amount: $365,000
  • 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

$400

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1909 ft²

Average Home Age

88.1 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: 5 months ago
Data Source: MLS PIN, MLS# 71945462

Frequently Asked Questions

When was property at 11 Quarry Terrace built and last sold?
The property at 11 Quarry Terrace was built in 1950 and last sold on Nov 19, 2020 for $465,000.
How much is this home worth?
The estimated value of the home located at 11 Quarry Terrace is $453,005.
What are some comparable homes to 11 Quarry Terrace?
There are currently no comparable homes to 11 Quarry Terrace.
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