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Peabody 01960 South Peabody
15 Macarthur Rd
$425,000
● House - Off Market

15 Macarthur Rd

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,719 Ft²
$612,326
RealtyHop Estimate
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model

About This Property

Charming 4 bedroom South Peabody cape just a steps to the park and elementary school .The first floor features a spacious fire-placed living room, good size kitchen and 2 bedrooms.  Upstairs you will find another full bath and 2 additional bedrooms with hardwood flooring.  Added living space complete with a half bath in the partially finished basement is perfect for a kids playroom or game room.  There is a fully fenced yard with above ground pool and patio.  One car garage, minutes to highways and low taxes! Showings to begin immediately.
Unit Size
1,719 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$250
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
1959

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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 #72573421)

Price History

Date / Event Date Event Price
Nov 1, 2019 Sold
Premium
Sold
Oct 1, 2019 Listed by Vylla Home $429,900
Listed by Vylla Home
Apr 29, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,499
  • Total Building Area: 1,512
  • Gross Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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: 210600

Zoning

  • Zoning: R1A

Geography

  • Account Number: 14891
  • Parcel: PEAB M:0116 B:0088
  • Block: 88
  • Municipality: PEABODY
  • Latitude: 42.5061
  • Longitude: -70.9493

    Address

  • Full Address: 15 Macarthur Rd
  • Address - House Number: 15
  • Address - Street Name: Macarthur
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C015
  • 4-Digit Zip Code: 6440
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $509,800

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 642,980
  • High Value: 761,476
  • Low Value: 524,483

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $559,000
  • Assessed Land Value: $231,400
  • Assessed Improvements Value: $327,600

    Sales

  • Current Sale Contract Date: Nov 01, 2019
  • Current Sale Recording Date: Nov 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191101004410
  • Previous Sale Recording Date: Apr 29, 2005
  • Previous Sale Amount: $370,000
  • 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 South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$405

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2281 ft²

Average Home Age

69.8 years

Currently For Sale

14 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# 72573421

Frequently Asked Questions

When was property at 15 Macarthur Road built and last sold?
The property at 15 Macarthur Road was built in 1959 and last sold on Nov 1, 2019 for $425,000.
How much is this home worth?
The estimated value of the home located at 15 Macarthur Road is $444,345.
What are some comparable homes to 15 Macarthur Road?
There are currently no comparable homes to 15 Macarthur Road.
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