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Peabody 01960 Proctor
14 Olsen Road
Photo of 14 Olsen Road
Sold on Mar 24, 2006

1

Map

$416,000
● House - Off Market

14 Olsen Road

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,426 Ft²
$828,944
RealtyHop Estimate
80.24%
Since Apr 1, 2006
MA-Boston
Primary Model

About This Property

Old style country charm in this modern updated sprawling ranch.  Renovated new kitchen with large dining area and vaulted ceiing.  Great room with vaulted ceiling, skylights, brick hearth and wood stove. Fireplaced living room, new berber carpet.  2nd Floor teen suite or master bedroom with half bath.  Large lot with inground pool, shed, barn, patio and covered deck. Wonderful area walk to Brooksby Farm to pick apples &  ski in winter, & more.   OH  Sunday 1/22/06 11:30 - 1:00.
Unit Size
2,426 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$190
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948

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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: 5 months ago (MLSPIN #70292084)

Price History

Date / Event Date Event Price
Mar 24, 2006 Sold
Premium
Sold
Nov 9, 2005 Listed $459,900
Listed
Apr 22, 2005 Sold
Premium
Sold
Aug 24, 2004 Listed $675,000
Listed

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,373
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 21,697
  • Total Building Area: 2,602
  • Gross Building Area: 2,602
  • Building Area: 2,602
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,602
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEABODY
  • Land Acres: 0000000498
  • 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: 210301

Zoning

  • Zoning: R1A

Geography

  • Account Number: 5793
  • Parcel: PEAB M:0050 B:0077
  • Block: 77
  • Municipality: PEABODY
  • Latitude: 42.5408
  • Longitude: -70.9556

    Address

  • Full Address: 14 Olsen Rd
  • Address - House Number: 14
  • Address - Street Name: Olsen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C005
  • 4-Digit Zip Code: 2823
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $697,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1499
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 877,273
  • High Value: 1,008,851
  • Low Value: 745,695

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $765,000
  • Assessed Land Value: $325,100
  • Assessed Improvements Value: $439,900

    Sales

  • Current Sale Recording Date: Apr 22, 2005
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 22, 2005
  • Previous Sale Amount: $500,000
  • 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 Proctor

Stats & Trends

Median Asking:

$602,000

Sale Price/ft²

$378

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1774 ft²

Average Home Age

67.4 years

Currently For Sale

20 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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70292084

Frequently Asked Questions

When was property at 14 Olsen Road built and last sold?
The property at 14 Olsen Road was built in 1948 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 14 Olsen Road is $492,053.
What are some comparable homes to 14 Olsen Road?
There are currently no comparable homes to 14 Olsen Road.
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