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Peabody 01960 West Peabody
16 Belfast Road
$565,000
● House - Off Market

16 Belfast Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,428 Ft²
$623,691
RealtyHop Estimate
13.60%
Since Nov 1, 2021
MA-Boston
Primary Model

About This Property

Lovingly cared for by one family for 55 years, this wonderful ranch-style 3 bedroom, 1.5 bath home is awaiting its new owners. Sited on a lovely, large, level corner lot in a sought after West Peabody neighborhood, this home is perfect for downsizers, first time homebuyers, and has potential for expansion. With its three nicely sized bedrooms, living room and family room, this home offers a nice balance of bedrooms and living area. The large back yard with newer deck and pergola is a great place for relaxing or entertaining. In close proximity to major routes, shopping and restaurants, just about anything you need is just around the corner.
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$384
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
1965

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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: 5 years ago (MLSPIN #72891281)

Price History

Date / Event Date Event Price
Oct 19, 2021 Sold
Premium
Sold
Sep 8, 2021 Listed by RE/MAX 360 $549,000
Listed by RE/MAX 360

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,428
  • Gross Building Area: 1,428
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 210200

Zoning

  • Zoning: R1

Geography

  • Account Number: 4377
  • Parcel: PEAB M:0033 B:0014
  • Block: 14
  • Municipality: PEABODY
  • Latitude: 42.5457
  • Longitude: -71.01

    Address

  • Full Address: 16 Belfast Rd
  • Address - House Number: 16
  • Address - Street Name: Belfast
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C037
  • 4-Digit Zip Code: 3625
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $523,400

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 645,018
  • High Value: 756,921
  • Low Value: 533,116

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $573,900
  • Assessed Land Value: $318,800
  • Assessed Improvements Value: $255,100

    Sales

  • Current Sale Contract Date: Oct 19, 2021
  • Current Sale Recording Date: Oct 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211019004160
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 West Peabody

Stats & Trends

Median Asking:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2537 ft²

Average Home Age

48.3 years

Currently For Sale

7 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: 5 years ago
Data Source: MLS PIN, MLS# 72891281

Frequently Asked Questions

When was property at 16 Belfast Road built and last sold?
The property at 16 Belfast Road was built in 1965 and last sold on Oct 19, 2021 for $565,000.
How much is this home worth?
The estimated value of the home located at 16 Belfast Road is $0.
What are some comparable homes to 16 Belfast Road?
There are currently no comparable homes to 16 Belfast Road.
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