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Peabody 01960 Proctor
16 Columbus Rd
$306,000
● House - Off Market

16 Columbus Rd

Peabody, MA 01960
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,160 Ft²
$548,740
RealtyHop Estimate
82.97%
Since Dec 1, 2014
MA-Boston
Primary Model

About This Property

OPEN HOUSE SUNDAY (Sept.14th)1:00pm-3:00pm ~ METICULOUSLY MAINTAINED RANCH Located In Beautiful Emerson Park Neighborhood! Spacious Fireplaced Living room plus Dining Area with Built in Hutch. Sunny Updated Eat-in Kitchen with Hardwood Floor, Stainless Steel Appliances, Solid Surface Counters, and Eating Area. - Rooms have Recessed Lighting ~ Gorgeous Hardwood floors throughout, except Bath has Tile - Most Windows are Newer. ~ 17 foot Covered Deck ~ High Efficiency Gas Boiler in 2009 w/40 gal. storage tank ~ Central A/C ~ House Painted within a Year ~ New Roof in 2014
Unit Size
1,160 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$259
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1963

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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 #71742751)

Price History

Date / Event Date Event Price
Nov 4, 2014 Sold
Premium
Sold
Sep 12, 2014 Listed by Century 21 Commonwealth $299,900
Listed by Century 21 Commonwealth
Mar 17, 2008 Sold
Premium
Sold
Jan 22, 2008 Listed by Century 21 Commonwealth $274,000
Listed by Century 21 Commonwealth

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 4,199
  • Total Building Area: 1,160
  • Gross Building Area: 1,160
  • Building Area: 1,160
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,160
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000096
  • 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: 210402

Zoning

  • Zoning: R1A

Geography

  • Account Number: 9053
  • Parcel: PEAB M:0074 B:0194
  • Block: 194
  • Municipality: PEABODY
  • Latitude: 42.5301
  • Longitude: -70.9408

    Address

  • Full Address: 16 Columbus Rd
  • Address - House Number: 16
  • Address - Street Name: Columbus
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C044
  • 4-Digit Zip Code: 4204
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $445,800

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 578,833
  • High Value: 685,508
  • Low Value: 472,158

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $488,800
  • Assessed Land Value: $214,000
  • Assessed Improvements Value: $274,800

    Sales

  • Current Sale Recording Date: Nov 04, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 110400322
  • Previous Sale Recording Date: Mar 17, 2008
  • Previous Sale Amount: $273,500
  • 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 Proctor

Stats & Trends

Median Asking:

$604,450

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1913 ft²

Average Home Age

79.8 years

Currently For Sale

11 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# 71742751

Frequently Asked Questions

When was property at 16 Columbus Road built and last sold?
The property at 16 Columbus Road was built in 1963 and last sold on Jan 1, 1970 for $306,000.
How much is this home worth?
The estimated value of the home located at 16 Columbus Road is $309,694.
What are some comparable homes to 16 Columbus Road?
There are currently no comparable homes to 16 Columbus Road.
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