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Peabody 01960 South Peabody
12 Sunset Drive
$431,500
● House - Off Market

12 Sunset Drive

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,296 Ft²
$585,134
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

First showings will be at the Open House, Saturday June 22nd and Sunday June 23rd from 11am - 1pm.  This 3/4 bedroom, meticulously maintained Cape style home is a gem.  The updated kitchen boasts oak cabinets, corian counter's and tile flooring.  Relax in the bright and sunny living room..sparkling hardwood floors, gas fireplace and ceiling fan.  In the summer time enjoy the use of the back deck and the large level backyard.  Great for your summertime gatherings. Gas heat furnace - 3 years, Roof 3 years  and siding 2 years.  And we can't forget the Spring Pond Nature Trail right at the end of the street!  This trail connects about 300 acres of open space for all your nature enthusiasts.  You'll want to keep this home on your list!  More photos to follow.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$316
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1951

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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 #72517158)

Price History

Date / Event Date Event Price
Aug 30, 2019 Sold
Premium
Sold
Jun 20, 2019 Listed by Keller Williams Realty Evolution $409,000
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,119
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • 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: 210600

Zoning

  • Zoning: R1A

Geography

  • Account Number: 15344
  • Parcel: PEAB M:0121 B:0082
  • Block: 82
  • Municipality: PEABODY
  • Latitude: 42.5023
  • Longitude: -70.9501

    Address

  • Full Address: 12 Sunset Dr
  • Address - House Number: 12
  • Address - Street Name: Sunset
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C015
  • 4-Digit Zip Code: 6610
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $467,200

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 628,459
  • High Value: 732,167
  • Low Value: 524,750

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $512,300
  • Assessed Land Value: $244,600
  • Assessed Improvements Value: $267,700

    Sales

  • Current Sale Contract Date: Aug 12, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190830003420
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

$403

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2244 ft²

Average Home Age

71 years

Currently For Sale

13 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: 4 months ago
Data Source: MLS PIN, MLS# 72517158

Frequently Asked Questions

When was property at 12 Sunset Drive built and last sold?
The property at 12 Sunset Drive was built in 1951 and last sold on Aug 12, 2019 for $431,500.
How much is this home worth?
The estimated value of the home located at 12 Sunset Drive is $418,225.
What are some comparable homes to 12 Sunset Drive?
There are currently no comparable homes to 12 Sunset Drive.
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