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Peabody 01960 South Peabody
14 Granite Road
$530,000
● House - Off Market

14 Granite Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$558,223
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

Inviting Cape Style Home with so much to offer.  Main level features Hardwood flooring throughout. Updated kitchen with granite countertops, subway tile backsplash, and stainless-steel appliances. First floor bedroom makes single floor living possible.  2 nd floor offer 2 generous size bedrooms with plenty of closet space.Freshly painted bright and sunny   3 season porch located off the kitchen to relax on.  The lower level offers a partly finished room which could be a great family room. There is also a utility room and extra storage area.  One car detached garage, great level back yard with a patio area. This home is located in a desirable area close to Browns Pond.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$459
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1955

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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 #73019589)

Price History

Date / Event Date Event Price
Sep 15, 2022 Sold
Premium
Sold
Aug 1, 2022 Listed by Carpenito Real Estate, Inc. $529,000
Listed by Carpenito Real Estate, Inc.
Jan 28, 2021 Sold
Premium
Sold
Dec 1, 2020 Listed by Carpenito Real Estate, Inc. $449,900
Listed by Carpenito Real Estate, Inc.
Aug 19, 2011 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,248
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000166
  • 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: 210500

Zoning

  • Zoning: R1A

Geography

  • Account Number: 15074
  • Parcel: PEAB M:0120 B:0009
  • Block: 9
  • Municipality: PEABODY
  • Latitude: 42.5002
  • Longitude: -70.9602

    Address

  • Full Address: 14 Granite Rd
  • Address - House Number: 14
  • Address - Street Name: Granite
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C009
  • 4-Digit Zip Code: 6524
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $464,100

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 579,230
  • High Value: 718,708
  • Low Value: 439,752

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $508,900
  • Assessed Land Value: $237,100
  • Assessed Improvements Value: $271,800

    Sales

  • Current Sale Contract Date: Sep 15, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 639358
  • Previous Sale Recording Date: Jan 28, 2021
  • Previous Sale Contract Date: Jan 26, 2021
  • Previous Sale Amount: $465,000
  • Previous Sale Document Type: O
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

$410

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2212 ft²

Average Home Age

70.1 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73019589

Frequently Asked Questions

When was property at 14 Granite Road built and last sold?
The property at 14 Granite Road was built in 1955 and last sold on Sep 15, 2022 for $530,000.
How much is this home worth?
The estimated value of the home located at 14 Granite Road is $525,793.
What are some comparable homes to 14 Granite Road?
There are currently no comparable homes to 14 Granite Road.
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