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Peabody 01960 Proctor
14 Wiseman Drive
$650,000
● House - Off Market

14 Wiseman Drive

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,440 Ft²
$657,444
RealtyHop Estimate
9.76%
Since Feb 1, 2022
MA-Boston
Primary Model

About This Property

Picture Perfect renovated Ranch located in a residential neighborhood in Peabody. 2 levels of living space with accommodations for extended family.  New kitchen featuring soft closing cabinets, SS appliances, quartz countertops & tile flooring. Sunny living room & 3 bedrooms with maple hardwood flooring and 1 full bath complete the main level. The lower level has entrance from the backyard, new windows, new tile flooring, new white cabinets with SS appliances, living room with fire place, entertaining room/ office & 1 bathroom. Good size backyard with above ground pool, deck, patio, and fire pit. 2 newly paved driveways. 2 new sheds  Open House this Saturday and Sunday from 12 pm to 2 pm!
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$416
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
1977

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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 #72920268)

Price History

Date / Event Date Event Price
Jan 10, 2022 Sold
Premium
Sold
Nov 15, 2021 Listed by LAER Realty Partners $599,000
Listed by LAER Realty Partners
Apr 2, 2021 Sold
Premium
Sold
Dec 14, 2007 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 800
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 1,840
  • Gross Building Area: 1,840
  • Building Area: 1,840
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,840
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 210401

Zoning

  • Zoning: R1A

Geography

  • Account Number: 4806
  • Parcel: PEAB M:0040 B:0072
  • Block: 72
  • Municipality: PEABODY
  • Latitude: 42.5428
  • Longitude: -70.9331

    Address

  • Full Address: 14 Wiseman Dr
  • Address - House Number: 14
  • Address - Street Name: Wiseman
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C038
  • 4-Digit Zip Code: 1715
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $530,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 687,409
  • High Value: 806,772
  • Low Value: 568,047

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $581,200
  • Assessed Land Value: $227,600
  • Assessed Improvements Value: $353,600

    Sales

  • Current Sale Contract Date: Jan 10, 2022
  • Current Sale Recording Date: Jan 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220110002740
  • Previous Sale Recording Date: Apr 02, 2021
  • Previous Sale Contract Date: Mar 22, 2021
  • Previous Sale Amount: $485,000
  • 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 Proctor

Stats & Trends

Median Asking:

$604,450

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1885 ft²

Average Home Age

78.7 years

Currently For Sale

12 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72920268

Frequently Asked Questions

When was property at 14 Wiseman Drive built and last sold?
The property at 14 Wiseman Drive was built in 1977 and last sold on Jan 10, 2022 for $650,000.
How much is this home worth?
The estimated value of the home located at 14 Wiseman Drive is $608,402.
What are some comparable homes to 14 Wiseman Drive?
There are currently no comparable homes to 14 Wiseman Drive.
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