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Peabody 01960 South Peabody
16 Arnold Road
Photo of 16 Arnold Road
Sold on Jan 30, 2009

1

Map

$355,000
● House - Off Market

16 Arnold Road

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,930 Ft²
$794,080
RealtyHop Estimate
115.20%
Since Feb 1, 2009
MA-Boston
Primary Model

About This Property

This home is a bright & inviting 4 bedroom Colonial in an ideal location on a tree lined neighborhood st.  Quality workmanship has been put into all the recent renovations.  This home offers, hardwood fls, an open fl plan  great for entertaining. A lg living room with built-ins, French doors that lead into the dining rm that has raised wood paneling, the kitchen opens to the dining rm & fmly rm has a cathedral ceiling.  A beautiful farmer's porch & a private back yd. 1 Yr. Home Warranty
Unit Size
1,930 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$191
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1950

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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 #70850392)

Price History

Date / Event Date Event Price
Jan 30, 2009 Sold
Premium
Sold
Nov 24, 2008 Listed $369,000
Listed
Mar 31, 1999 Sold
Premium
Sold
Feb 22, 1999 Listed $174,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 0

    Dimensions

  • Lot Size Square Feet: 7,693
  • Total Building Area: 1,930
  • Gross Building Area: 1,930
  • Building Area: 1,930
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,930
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEABODY
  • Land Acres: 0000000177
  • 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: R1A

Geography

  • Account Number: 13872
  • Parcel: PEAB M:0108 B:0293
  • Block: 293
  • Municipality: PEABODY
  • Latitude: 42.5131
  • Longitude: -70.9525

    Address

  • Full Address: 16 Arnold Rd
  • Address - House Number: 16
  • Address - Street Name: Arnold
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C061
  • 4-Digit Zip Code: 5204
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $590,100

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 69
  • Final Value: 697,571
  • High Value: 850,615
  • Low Value: 544,527

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $647,000
  • Assessed Land Value: $240,500
  • Assessed Improvements Value: $406,500

    Sales

  • Current Sale Recording Date: Jan 30, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 31, 1999
  • Previous Sale Amount: $178,000
  • 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

$403

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2244 ft²

Average Home Age

71 years

Currently For Sale

13 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70850392

Frequently Asked Questions

When was property at 16 Arnold Road built and last sold?
The property at 16 Arnold Road was built in 1950 and last sold on Jan 1, 1970 for $355,000.
How much is this home worth?
The estimated value of the home located at 16 Arnold Road is $388,375.
What are some comparable homes to 16 Arnold Road?
There are currently no comparable homes to 16 Arnold Road.
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