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Peabody 01960 South Peabody
15 Krochmal Rd
$330,000
● House - Off Market

15 Krochmal Rd

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$466,306
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

This diamond in the rough is in a well established neighborhood. The property features a two story one car garage with a work shop and full second floor. A patio and storage shed. The home features a good size living room with a bay window, a dining room, first floor master. Two bedrooms are on the second floor. This property is in need of updates and repairs but well worth the work.
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$254
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1950

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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 #71996827)

Price History

Date / Event Date Event Price
Aug 1, 2016 Sold
Premium
Sold
Apr 29, 2016 Listed by The Martin Group, Inc. $279,900
Listed by The Martin Group, Inc.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2016
  • 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: 200
  • 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: 8

    Dimensions

  • Lot Size Square Feet: 6,551
  • Total Building Area: 1,283
  • Gross Building Area: 1,283
  • Building Area: 1,283
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,283
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000150
  • 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: 12493
  • Parcel: PEAB M:0101 B:0184
  • Block: 184
  • Municipality: PEABODY
  • Latitude: 42.5151
  • Longitude: -70.9574

    Address

  • Full Address: 15 Krochmal Rd
  • Address - House Number: 15
  • Address - Street Name: Krochmal
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C045
  • 4-Digit Zip Code: 5131
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $506,000

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 654,838
  • High Value: 768,444
  • Low Value: 541,231

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $554,800
  • Assessed Land Value: $231,800
  • Assessed Improvements Value: $323,000

    Sales

  • Current Sale Recording Date: Aug 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 666
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71996827

Frequently Asked Questions

When was property at 15 Krochmal Road built and last sold?
The property at 15 Krochmal Road was built in 1950 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 15 Krochmal Road is $292,637.
What are some comparable homes to 15 Krochmal Road?
There are currently no comparable homes to 15 Krochmal Road.
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