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Peabody 01960 Peabody Town Center
12 Proctor Street
$360,000
● House - Off Market

12 Proctor Street

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,183 Ft²
$543,789
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

This home provides a great opportunity for anyone who wants easy access to major highways and a short distance to the commuter rail and historic Salem.  Lots of hardwood floors, beautiful living room/ dining room combo makes entertaining a breeze. 2 full baths, second floor provides a generous office conveniently located between bedrooms to keep an eye on those kids. Newly installed central air, energy efficient heating system and hot water,  low power rates at PMLP and updated electric  makes this home an energy watchers dream. Newer shed and attached deck great for cookouts and overlooks a good size yard with great kiddie area.  Newer mud room leads to kitchen that could use some TLC but has good area. First showings Saturday 130 to 330. Send your clients.
Unit Size
1,183 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$296
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1900

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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: 4 months ago (MLSPIN #72182557)

Price History

Date / Event Date Event Price
Aug 8, 2017 Sold
Premium
Sold
Jun 15, 2017 Listed by LAER Realty Partners $349,900
Listed by LAER Realty Partners
Jun 29, 2012 Sold
Premium
Sold
May 3, 2012 Listed by LAER Realty Partners $219,000
Listed by LAER Realty Partners

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 132
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,779
  • Total Building Area: 1,183
  • Gross Building Area: 1,183
  • Building Area: 1,183
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,183
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOUSE LTS
  • Land Acres: 0000000110
  • 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: 9949
  • Parcel: PEAB M:0076 B:0347
  • Block: 347
  • Municipality: PEABODY
  • Latitude: 42.5317
  • Longitude: -70.9139

    Address

  • Full Address: 12 Proctor St
  • Address - House Number: 12
  • Address - Street Name: Proctor
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C007
  • 4-Digit Zip Code: 1962
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $439,100

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 577,474
  • High Value: 683,898
  • Low Value: 471,050

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $481,500
  • Assessed Land Value: $199,900
  • Assessed Improvements Value: $281,600

    Sales

  • Current Sale Recording Date: Aug 08, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 424
  • Previous Sale Recording Date: Jun 29, 2012
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: 35
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:

$590,750

Sale Price/ft²

$386

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1686 ft²

Average Home Age

81.4 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

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: 4 months ago
Data Source: MLS PIN, MLS# 72182557

Frequently Asked Questions

When was property at 12 Proctor Street built and last sold?
The property at 12 Proctor Street was built in 1900 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 12 Proctor Street is $349,285.
What are some comparable homes to 12 Proctor Street?
There are currently no comparable homes to 12 Proctor Street.
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