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Peabody 01960 West Peabody
15 Herold Rd
$245,000
● House - Off Market

15 Herold Rd

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,502 Ft²
$520,725
RealtyHop Estimate
112.54%
Since May 1, 2012
MA-Boston
Primary Model

About This Property

Single level living on over 1/2 acre level lot in a great neighborhood. This Campanelli Ranch needs some TLC to make it shine. Radiant heat, over sized (22x18) attached garage, sliders out the den in back lead to a concrete patio, and a galvanized steel Quonset hut storage shed big enough for almost anything you can think of! This house is being sold AS IS. Refrigerator,electric range, washer and electric dryer included. Great potential in this property. No lockbox on for showings until 3/5/12.
Unit Size
1,502 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$163
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1962

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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 #71345755)

Price History

Date / Event Date Event Price
Apr 18, 2012 Sold
Premium
Sold
Mar 2, 2012 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $245,000
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,099
  • Total Building Area: 1,502
  • Gross Building Area: 1,502
  • Building Area: 1,502
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,502
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: POCAHONTAS FARMS PEABODY
  • Land Acres: 0000000576
  • 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: 1509
  • Parcel: PEAB M:0008 B:0026
  • Block: 26
  • Municipality: PEABODY
  • Latitude: 42.5585
  • Longitude: -71.028

    Address

  • Full Address: 15 Herold Rd
  • Address - House Number: 15
  • Address - Street Name: Herold
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C033
  • 4-Digit Zip Code: 3339
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $551,200

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 620,486
  • High Value: 769,899
  • Low Value: 471,074

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $604,400
  • Assessed Land Value: $328,400
  • Assessed Improvements Value: $276,000

    Sales

  • Current Sale Recording Date: Apr 18, 2012
  • Current Sale Price:
    Premium
  • Current 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 West Peabody

Stats & Trends

Median Asking:

$735,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2193 ft²

Average Home Age

52.7 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71345755

Frequently Asked Questions

When was property at 15 Herold Road built and last sold?
The property at 15 Herold Road was built in 1962 and last sold on Jan 1, 1970 for $245,000.
How much is this home worth?
The estimated value of the home located at 15 Herold Road is $261,110.
What are some comparable homes to 15 Herold Road?
There are currently no comparable homes to 15 Herold Road.
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