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Peabody 01960 South Peabody
14 Oak Ave.
$400,000
● House - Off Market

14 Oak Ave.

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$555,352
RealtyHop Estimate
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model

About This Property

Opportunity knocks to own this charming Cape Cod style home nestled on a quiet side street near Bartholomew Pond and neighborhood park. The main level of the home boasts a light filled living room with hardwood floors, eat-in kitchen, first floor master bedroom and bathroom, plus an additional room that could be used as a den or home office space. Upstairs on the 2nd level are two updated bedrooms. A  walk out basement is perfect for storage, or could be finished for additional living space. Situated on a corner lot, with a yard large enough for for play or gardening. Move to Peabody and take advantage of the low tax rate and utility costs, plus enjoy convenient access to highways and shopping. 1 year roof and storage shed add to value!  Showings begin at first open houses.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$325
Property Type
House
Property Taxes
$320
HOA Dues
-
Year Built
1960

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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: 5 months ago (MLSPIN #72574483)

Price History

Date / Event Date Event Price
Nov 26, 2019 Sold
Premium
Sold
Oct 3, 2019 Listed by Century 21 North East $389,900
Listed by Century 21 North East
Aug 9, 2013 Sold
Premium
Sold
Jun 19, 2013 Listed by Century 21 North East $299,000
Listed by Century 21 North East
Oct 30, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,787
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000156
  • 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: R1

Geography

  • Account Number: 14451
  • Parcel: PEAB M:0114 B:0066
  • Block: 66
  • Municipality: PEABODY
  • Latitude: 42.5079
  • Longitude: -70.9617

    Address

  • Full Address: 14 Oak Ave
  • Address - House Number: 14
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C008
  • 4-Digit Zip Code: 6241
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $426,400

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 579,129
  • High Value: 685,858
  • Low Value: 472,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $467,500
  • Assessed Land Value: $233,600
  • Assessed Improvements Value: $233,900

    Sales

  • Current Sale Contract Date: Nov 21, 2019
  • Current Sale Recording Date: Nov 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191126005590
  • Previous Sale Recording Date: Aug 09, 2013
  • Previous Sale Amount: $293,500
  • 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

$400

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1722 ft²

Average Home Age

87.3 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72574483

Frequently Asked Questions

When was property at 14 Oak Avenue built and last sold?
The property at 14 Oak Avenue was built in 1960 and last sold on Nov 21, 2019 for $400,000.
How much is this home worth?
The estimated value of the home located at 14 Oak Avenue is $394,301.
What are some comparable homes to 14 Oak Avenue?
There are currently no comparable homes to 14 Oak Avenue.
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