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Peabody 01960 West Peabody
12 Barr Road
$510,000
● House - Off Market

12 Barr Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,959 Ft²
$644,477
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

Perfectly located Split Entry Ranch offers 10 rooms, 3-5 bedrooms, 2 full baths (one with whirlpool tub), living room, formal dining room, pretty 1st floor family room with cathedral ceiling, skylights and two sliders leading to deck overlooking large yard with storage shed, finished lower level, office, workshop, updated heat and central air (2018), roof approx. 12 years old, vinyl siding, located on cul-de-sac in desirable West Peabody neighborhood. Needs TLC - make this one your own!!
Unit Size
1,959 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$255
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
1964

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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 #72691567)

Price History

Date / Event Date Event Price
Oct 2, 2020 Sold
Premium
Sold
Jul 15, 2020 Listed by Carpenito Real Estate, Inc. $499,900
Listed by Carpenito Real Estate, Inc.
Jan 29, 1990 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • 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: 255
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,039
  • Total Building Area: 3,005
  • Gross Building Area: 3,005
  • Building Area: 3,005
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,005
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000529
  • 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: 210200

Zoning

  • Zoning: R1

Geography

  • Account Number: 4945
  • Parcel: PEAB M:0044 B:0036
  • Block: 36
  • Municipality: PEABODY
  • Latitude: 42.539
  • Longitude: -71.0172

    Address

  • Full Address: 12 Barr Rd
  • Address - House Number: 12
  • Address - Street Name: Barr
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C040
  • 4-Digit Zip Code: 4610
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $796,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1499
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 1,002,094
  • High Value: 1,152,393
  • Low Value: 851,795

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $873,100
  • Assessed Land Value: $326,400
  • Assessed Improvements Value: $546,700

    Sales

  • Current Sale Contract Date: Sep 02, 2020
  • Current Sale Recording Date: Oct 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 617038
  • Previous Sale Recording Date: Jan 29, 1990
  • Previous Sale Amount: $210,000
  • Previous 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

48

Average Home Size

2537 ft²

Average Home Age

48.3 years

Currently For Sale

7 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# 72691567

Frequently Asked Questions

When was property at 12 Barr Road built and last sold?
The property at 12 Barr Road was built in 1964 and last sold on Sep 2, 2020 for $510,000.
How much is this home worth?
The estimated value of the home located at 12 Barr Road is $511,554.
What are some comparable homes to 12 Barr Road?
There are currently no comparable homes to 12 Barr Road.
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