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Peabody 01960 Peabody Town Center
15 Margin Ter
$391,500
● House - Off Market

15 Margin Ter

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,094 Ft²
$686,564
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model

About This Property

Move right in to this spacious, sunny home in desirable Gardner Park! First floor features open concept living room with hardwood floors, updated kitchen with double oven, countertop range and breakfast bar, formal dining room, and front to back family room with french doors to deck. Second floor features huge master bedroom with cathedral ceilings, walk in closet and cedar closet, spacious second bedroom with walk in closet, third generously sized bedroom, and full bath. Potential to finish basement for additional living space, plus tons of storage in basement and attic. Outdoor space is perfect for entertaining with a large deck with sliders to wet bar and wine fridge just inside. Plus fenced in yard and extra storage in the 16x8 shed. Book your showing today!
Unit Size
2,094 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$186
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
1944

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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: 4 months ago (MLSPIN #71806369)

Price History

Date / Event Date Event Price
May 27, 2015 Sold
Premium
Sold
Mar 25, 2015 Listed by RE/MAX Advantage Real Estate $390,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 474
  • 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: 2,094
  • Gross Building Area: 2,094
  • Building Area: 2,094
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,094
  • Heating Fuel Type: 3

    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: 210900

Zoning

  • Zoning: R1A

Geography

  • Account Number: 6303
  • Parcel: PEAB M:0054 B:0171
  • Block: 171
  • Municipality: PEABODY
  • Latitude: 42.5411
  • Longitude: -70.917

    Address

  • Full Address: 15 Margin Ter
  • Address - House Number: 15
  • Address - Street Name: Margin
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Peabody
  • Carrier Code: C012
  • 4-Digit Zip Code: 1857
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $580,800
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 714,421
  • High Value: 827,792
  • Low Value: 601,050

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $636,800
  • Assessed Land Value: $227,600
  • Assessed Improvements Value: $409,200

    Sales

  • Current Sale Recording Date: May 27, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 561935
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 Peabody Town Center

Stats & Trends

Median Asking:

$582,500

Sale Price/ft²

$388

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1899 ft²

Average Home Age

83.6 years

Currently For Sale

16 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# 71806369

Frequently Asked Questions

When was property at 15 Margin Terrace built and last sold?
The property at 15 Margin Terrace was built in 1944 and last sold on Jan 1, 1970 for $391,500.
How much is this home worth?
The estimated value of the home located at 15 Margin Terrace is $407,392.
What are some comparable homes to 15 Margin Terrace?
There are currently no comparable homes to 15 Margin Terrace.
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