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Peabody 01960 Peabody Town Center
12 Davis Ter
$285,000
● House - Off Market

12 Davis Ter

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
922 Ft²
$492,742
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model

About This Property

Aggressive Price Reduction!  Well Maintained would be an understatement for this impeccably renovated Home in quiet Peabody Neighborhood. Interior and exterior are in flawless condition. 7 rooms consisting of 3 bedrooms, living room, dining room, office or den, 1 1/2 bathrooms and an attractive eat in Stainless/Granite kitchen that was renovated with top end Red birch, self closing drawers/cabinets in 2005. Brand new boiler and upgraded wiring. Separate 8 x 12 wooden shed for extra storage. Conveniently located with simple access to all highways and easy access to New Salem Train Station. Looking for a cozy home with Bulls Eye Moldings, replacement windows that needs little to no work? Your search may have just ended!
Unit Size
922 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$304
Property Type
House
Property Taxes
$208
HOA Dues
-
Year Built
1925

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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: 6 months ago (MLSPIN #71787034)

Price History

Date / Event Date Event Price
May 7, 2015 Sold
Premium
Sold
Jan 23, 2015 Listed by RE/MAX Advantage Real Estate $279,900
Listed by RE/MAX Advantage Real Estate
Mar 31, 1989 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 1
  • 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: 120
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,463
  • Total Building Area: 922
  • Gross Building Area: 922
  • Building Area: 922
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 922
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000079
  • 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: 210900

Zoning

  • Zoning: R1A

Geography

  • Account Number: 9905
  • Parcel: PEAB M:0076 B:0309
  • Block: 309
  • Municipality: PEABODY
  • Latitude: 42.5301
  • Longitude: -70.9151

    Address

  • Full Address: 12 Davis Ter
  • Address - House Number: 12
  • Address - Street Name: Davis
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Peabody
  • Carrier Code: C007
  • 4-Digit Zip Code: 1914
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $393,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.19
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 517,088
  • High Value: 615,399
  • Low Value: 418,777

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $431,600
  • Assessed Land Value: $190,700
  • Assessed Improvements Value: $240,900

    Sales

  • Current Sale Recording Date: May 07, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50700349
  • Previous Sale Recording Date: Mar 31, 1989
  • Previous Sale Amount: $142,500
  • 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 Peabody Town Center

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$387

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1522 ft²

Average Home Age

83 years

Currently For Sale

23 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71787034

Frequently Asked Questions

When was property at 12 Davis Terrace built and last sold?
The property at 12 Davis Terrace was built in 1925 and last sold on Jan 1, 1970 for $285,000.
How much is this home worth?
The estimated value of the home located at 12 Davis Terrace is $288,742.
What are some comparable homes to 12 Davis Terrace?
There are currently no comparable homes to 12 Davis Terrace.
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