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Peabody 01960 West Peabody
13 Heath Rd
$485,000
● House - Off Market

13 Heath Rd

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,644 Ft²
$663,388
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

Fabulous opportunity to own in West Peabody in the "Burke School" area. This home offers first floor living throughout, no basement, no stairs!  Sunlight pours through the rooms.  Great entertaining flow, Living room open to the  Dining Room which opens to the White cabinet eat in kitchen with a Skylight, Fabulous family room with Beamed Ceiling and  Brick Fireplace .Three bedrooms 1.5 baths and a 1 car garage.  Enjoy the Outdoor patio off the family room . Central air, FHW gas, Irrigation system . Roof is approx. 4 yrs. Showings begin at the Open Houses on Saturday, April 27th 12:00 -2:00 and Sunday, April 28th 12:00 - 2:00.
Unit Size
1,644 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$283
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1958

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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 #72486065)

Price History

Date / Event Date Event Price
Jun 14, 2019 Sold
Premium
Sold
Apr 23, 2019 Listed by LAER Realty Partners $464,900
Listed by LAER Realty Partners

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,490
  • Total Building Area: 1,644
  • Gross Building Area: 1,644
  • Building Area: 1,644
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,644
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000356
  • 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: 1201
  • Parcel: PEAB M:0004 B:0111
  • Block: 111
  • Municipality: PEABODY
  • Latitude: 42.5645
  • Longitude: -71.0235

    Address

  • Full Address: 13 Heath Rd
  • Address - House Number: 13
  • Address - Street Name: Heath
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C030
  • 4-Digit Zip Code: 1010
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $538,500

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 704,436
  • High Value: 826,647
  • Low Value: 582,225

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $590,500
  • Assessed Land Value: $319,200
  • Assessed Improvements Value: $271,300

    Sales

  • Current Sale Contract Date: Jun 13, 2019
  • Current Sale Recording Date: Jun 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190614004410
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

48

Average Home Size

2537 ft²

Average Home Age

48.3 years

Currently For Sale

7 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# 72486065

Frequently Asked Questions

When was property at 13 Heath Road built and last sold?
The property at 13 Heath Road was built in 1958 and last sold on Jun 13, 2019 for $485,000.
How much is this home worth?
The estimated value of the home located at 13 Heath Road is $473,113.
What are some comparable homes to 13 Heath Road?
There are currently no comparable homes to 13 Heath Road.
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