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Peabody 01960 West Peabody
12 Pontiac Rd
$660,000
● House - Off Market

12 Pontiac Rd

Peabody, MA 01960
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,014 Ft²
$679,147
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Welcome home! This well maintained and rare 8 Room, 5 Bedroom, Colonial style home is set in a highly desirable West Peabody neighborhood and steps from Symphony Park. This large home features numerous entertaining areas on the first floor, an open concept kitchen and dinning area and two large living rooms. There is also a first floor bedroom, next to a half bath and laundry, that is perfect for entertaining guests. Upstairs offers hardwood throughout with 4 additional bedrooms, some with walk-closets and a full bath. Step outside into your private oasis with a new deck overlooking the backyard and garden area. In addition, Garage parking, paved drive and a quiet neighborhood make this home the perfect fit for anyone looking for a well built, charming home with space in a stellar location.
Unit Size
2,014 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$323
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1962

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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: 6 months ago (MLSPIN #73010718)

Price History

Date / Event Date Event Price
Aug 30, 2022 Sold
Premium
Sold
Jul 12, 2022 Listed by GDP Real Estate Group, LLC $650,000
Listed by GDP Real Estate Group, LLC
Dec 29, 1993 Sold
Premium
Sold
Feb 29, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 2,014
  • Gross Building Area: 2,014
  • Building Area: 2,014
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,014
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: POCAHONTAS FARMS
  • 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: 1459
  • Parcel: PEAB M:0007 B:0061
  • Block: 61
  • Municipality: PEABODY
  • Latitude: 42.5577
  • Longitude: -71.0306

    Address

  • Full Address: 12 Pontiac Rd
  • Address - House Number: 12
  • Address - Street Name: Pontiac
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C033
  • 4-Digit Zip Code: 3320
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $566,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1546
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 692,959
  • High Value: 800,100
  • Low Value: 585,819

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $621,100
  • Assessed Land Value: $318,800
  • Assessed Improvements Value: $302,300

    Sales

  • Current Sale Contract Date: Aug 30, 2022
  • Current Sale Recording Date: Aug 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 242
  • Previous Sale Recording Date: Dec 29, 1993
  • Previous Sale Amount: $190,000
  • 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

49

Average Home Size

2203 ft²

Average Home Age

52.5 years

Currently For Sale

8 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: 6 months ago
Data Source: MLS PIN, MLS# 73010718

Frequently Asked Questions

When was property at 12 Pontiac Road built and last sold?
The property at 12 Pontiac Road was built in 1962 and last sold on Aug 30, 2022 for $660,000.
How much is this home worth?
The estimated value of the home located at 12 Pontiac Road is $657,575.
What are some comparable homes to 12 Pontiac Road?
There are currently no comparable homes to 12 Pontiac Road.
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