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Peabody 01960 West Peabody
12 Timothy Road
$520,000
● House - Off Market

12 Timothy Road

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,450 Ft²
$852,986
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

**1st Ad!** Welcome to West Peabody! Sprawling, Sun Filled, 4 Bedroom, Center Entrance Colonial with Hardwood Flooring throughout in the heavily sought after West Memorial School District. Features include oversize living room with center fireplace and open floor plan to spacious dining room overlooking large, level private yard. This home offers a great flow with all 4 bedrooms on the 2nd level and space to entertain on both the first floor and finished lower level. Newer roof, windows, GAS heating system and exterior paint make this home in move-in-condition.  All within a professionally landscaped, private, extra large corner lot with bonus mud room and attached 2 car garage with additional storage opportunities!
Unit Size
2,450 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$208
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1960

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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 #71988172)

Price History

Date / Event Date Event Price
Jun 2, 2016 Sold
Premium
Sold
Apr 14, 2016 Listed by Northrup Associates $509,900
Listed by Northrup Associates
Jan 31, 2008 Sold
Premium
Sold
Jun 29, 2007 Listed by Northrup Associates $499,900
Listed by Northrup Associates

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 2
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 18,800
  • Total Building Area: 2,014
  • Gross Building Area: 2,014
  • Building Area: 2,014
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,014
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OWNER CHRIS KARAMAS
  • Land Acres: 0000000432
  • 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: 3194
  • Parcel: PEAB M:0023 B:0066
  • Block: 66
  • Municipality: PEABODY
  • Latitude: 42.5518
  • Longitude: -71.0149

    Address

  • Full Address: 12 Timothy Rd
  • Address - House Number: 12
  • Address - Street Name: Timothy
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C026
  • 4-Digit Zip Code: 3430
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $687,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1668
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 804,990
  • High Value: 939,267
  • Low Value: 670,714

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $754,100
  • Assessed Land Value: $322,400
  • Assessed Improvements Value: $431,700

    Sales

  • Current Sale Recording Date: Jun 02, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75
  • Previous Sale Recording Date: Jan 31, 2008
  • Previous Sale Amount: $480,000
  • 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:

$739,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2106 ft²

Average Home Age

54 years

Currently For Sale

9 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# 71988172

Frequently Asked Questions

When was property at 12 Timothy Road built and last sold?
The property at 12 Timothy Road was built in 1960 and last sold on Jan 1, 1970 for $520,000.
How much is this home worth?
The estimated value of the home located at 12 Timothy Road is $539,136.
What are some comparable homes to 12 Timothy Road?
There are currently no comparable homes to 12 Timothy Road.
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