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Peabody 01960 South Peabody
16 Bay State Blvd
$455,000
● House - Off Market

16 Bay State Blvd

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,326 Ft²
$546,568
RealtyHop Estimate
36.68%
Since Jul 1, 2020
MA-Boston
Primary Model

About This Property

Come see this charming cape located in South Peabody.  Recently remodeled eat in kitchen with stylish cabinetry, granite and new appliances. Drink your morning coffee on your deck overlooking the fenced in yard.  First floor consist of large living room, full bath and two good sized bedrooms.  Master suite on 2nd floor with 3/4 bath and custom made huge walk in closet/dressing room which could be transformed to nursery or office.  First floor has new windows. Off street parking!  Close to schools and shopping. Minutes to Rt 128 and 95. Offers due Sunday at noon.
Unit Size
1,326 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$302
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1972

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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 #72653247)

Price History

Date / Event Date Event Price
Jun 19, 2020 Sold
Premium
Sold
May 7, 2020 Listed by Solomon Real Estate $399,900
Listed by Solomon Real Estate
Jan 3, 2018 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 100
  • 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: 4,500
  • Total Building Area: 1,326
  • Gross Building Area: 1,326
  • Building Area: 1,326
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,326
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THOMAS VILLA
  • Land Acres: 0000000103
  • 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: 14006
  • Parcel: PEAB M:0109 B:0024-A
  • Block: 24-A
  • Municipality: PEABODY
  • Latitude: 42.5105
  • Longitude: -70.9509

    Address

  • Full Address: 16 Bay State Blvd
  • Address - House Number: 16
  • Address - Street Name: Bay State
  • Address - Suffix Type: Blvd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C061
  • 4-Digit Zip Code: 6302
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $460,800

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 626,692
  • High Value: 742,187
  • Low Value: 511,198

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $505,300
  • Assessed Land Value: $216,200
  • Assessed Improvements Value: $289,100

    Sales

  • Current Sale Contract Date: Jun 08, 2020
  • Current Sale Recording Date: Jun 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200619003510
  • Previous Sale Recording Date: Jan 03, 2018
  • Previous Sale Amount: $350,000
  • Previous 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 South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$410

Below Asking

0.01%

Average Days on Market

46

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72653247

Frequently Asked Questions

When was property at 16 Bay State Boulevard built and last sold?
The property at 16 Bay State Boulevard was built in 1972 and last sold on Jun 8, 2020 for $455,000.
How much is this home worth?
The estimated value of the home located at 16 Bay State Boulevard is $412,492.
What are some comparable homes to 16 Bay State Boulevard?
There are currently no comparable homes to 16 Bay State Boulevard.
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