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Peabody 01960 South Peabody
12 Lynch St
Photo of 12 Lynch St
Sold on Jul 31, 2008

1

Map

$300,000
● House - Off Market

12 Lynch St

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,241 Ft²
$686,612
RealtyHop Estimate
96.74%
Since Aug 1, 2008
MA-Boston
Primary Model

About This Property

One of the most desirable neighborhoods in South Peabody.  Easy access to major routes. Dead end Street. Newer vinyl siding, 3 season porch leads to fenced yard and inground pool (vinyl liner).  Gas heat approximate 4 years old. Separate gas water approx. 1 year old.  Lower level (400 Sq.Ft.) could be used as 4th bedroom or extended family living. Hardwood floor under carpets main floor. Pull down attic stairs. 24 hour notice for showings. Needs Updating
Unit Size
1,241 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$281
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1960

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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: 5 months ago (MLSPIN #70768684)

Price History

Date / Event Date Event Price
Aug 1, 2008 Sold
Premium
Sold
May 29, 2008 Listed $349,000
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 8,398
  • Total Building Area: 1,241
  • Gross Building Area: 1,241
  • Building Area: 1,241
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,241
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESTVIEW PARK
  • Land Acres: 0000000193
  • 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: 210402

Zoning

  • Zoning: R1B

Geography

  • Account Number: 11689
  • Parcel: PEAB M:0098 B:0023
  • Block: 23
  • Municipality: PEABODY
  • Latitude: 42.5143
  • Longitude: -70.9847

    Address

  • Full Address: 12 Lynch St
  • Address - House Number: 12
  • Address - Street Name: Lynch
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C002
  • 4-Digit Zip Code: 4841
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $484,800

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 650,733
  • High Value: 764,972
  • Low Value: 536,494

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $531,600
  • Assessed Land Value: $243,100
  • Assessed Improvements Value: $288,500

    Sales

  • Current Sale Recording Date: Aug 01, 2008
  • 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 South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$399

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1722 ft²

Average Home Age

87.3 years

Currently For Sale

15 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70768684

Frequently Asked Questions

When was property at 12 Lynch Street built and last sold?
The property at 12 Lynch Street was built in 1960 and last sold on Jan 1, 1970 for $300,000.
How much is this home worth?
The estimated value of the home located at 12 Lynch Street is $355,050.
What are some comparable homes to 12 Lynch Street?
There are currently no comparable homes to 12 Lynch Street.
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