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Peabody 01960 South Peabody
16 Glendale Avenue
$317,850
● House - Off Market

16 Glendale Avenue

Peabody, MA 01960
bedrooms
2 Beds
bathrooms
1 Bath
square feet
704 Ft²
$383,644
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Located in South Peabody's Lakeshore Park neighborhood close to Browns Pond. Great condo alternative and no condo fees! Move right into this perfect two-bedroom starter home with lots of potential. This Bungalow/Cape offers one leveling living, with an open kitchen and living area and hardwood floors throughout. Full basement with laundry. Nestled on a large level lot that's great for entertaining plus a one car garage. New (2016) heating system and newer roof. Lots of potential just waiting for the new owners to make it their own. Easy access to major highways, shopping malls and more.
Unit Size
704 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$411
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1914

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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: 5 months ago (MLSPIN #72670575)

Price History

Date / Event Date Event Price
Sep 30, 2020 Sold
Premium
Sold
Aug 3, 2020 Sold
Premium
Sold
Jun 9, 2020 Listed by Compass $289,000
Listed by Compass
Nov 16, 2001 Sold
Premium
Sold
Aug 27, 2001 Listed by Compass $239,000
Listed by Compass
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • 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: 3
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 704
  • Gross Building Area: 704
  • Building Area: 704
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 704
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 15144
  • Parcel: PEAB M:0120 B:0076
  • Block: 76
  • Municipality: PEABODY
  • Latitude: 42.5009
  • Longitude: -70.9573

    Address

  • Full Address: 16 Glendale Ave
  • Address - House Number: 16
  • Address - Street Name: Glendale
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C009
  • 4-Digit Zip Code: 6509
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $411,300

    Appraisal Valuation

  • Standard Deviation: 0.256
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 63
  • Final Value: 424,102
  • High Value: 532,758
  • Low Value: 315,445

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $451,000
  • Assessed Land Value: $239,000
  • Assessed Improvements Value: $212,000

    Sales

  • Current Sale Contract Date: Aug 16, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 616845
  • Previous Sale Recording Date: Nov 16, 2001
  • Previous Sale Amount: $224,000
  • Previous Sale Document Type: 48
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

$399

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1722 ft²

Average Home Age

87.3 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: 5 months ago
Data Source: MLS PIN, MLS# 72670575

Frequently Asked Questions

When was property at 16 Glendale Avenue built and last sold?
The property at 16 Glendale Avenue was built in 1914 and last sold on Aug 16, 2020 for $317,850.
How much is this home worth?
The estimated value of the home located at 16 Glendale Avenue is $283,469.
What are some comparable homes to 16 Glendale Avenue?
There are currently no comparable homes to 16 Glendale Avenue.
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