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Peabody 01960 South Peabody
16 Granite Street
$243,300
● House - Off Market

16 Granite Street

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,087 Ft²
$448,849
RealtyHop Estimate
90.27%
Since Aug 1, 2013
MA-Boston
Primary Model

About This Property

NEW TO MARKET-Delightful starter home on corner lot with 3 bedrooms & 1 bath.  Well maintained colonial with vinyl exterior siding, new roof 2007, mostly vinyl replacement windows, newer heating system 2006, new hot water tank 2012, level yard in convenient location, easy access to Rte 128; Interior cosmetics will make this home shine!  No Showings until 1st Open House Sunday 6/23, 1-3 pm.  Any and all offers to be reviewed Monday evening 6/24/13.
Unit Size
1,087 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$217
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
1890

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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: 6 months ago (MLSPIN #71544092)

Price History

Date / Event Date Event Price
Sep 29, 2021 Sold
Premium
Sold
Aug 18, 2021 Listed by Keller Williams Realty Evolution $499,900
Listed by Keller Williams Realty Evolution
Jul 31, 2013 Sold
Premium
Sold
Jun 18, 2013 Listed by Keller Williams Realty Evolution $235,900
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,087
  • Gross Building Area: 1,087
  • Building Area: 1,087
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,087
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 210600

Zoning

  • Zoning: R1

Geography

  • Account Number: 12927
  • Parcel: PEAB M:0103 B:0058
  • Block: 58
  • Municipality: PEABODY
  • Latitude: 42.5174
  • Longitude: -70.9418

    Address

  • Full Address: 16 Granite St
  • Address - House Number: 16
  • Address - Street Name: Granite
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C017
  • 4-Digit Zip Code: 5841
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $416,800

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 571,459
  • High Value: 709,066
  • Low Value: 433,852

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $457,000
  • Assessed Land Value: $220,000
  • Assessed Improvements Value: $237,000

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210929005050
  • Previous Sale Recording Date: Jul 31, 2013
  • Previous Sale Amount: $243,300
  • 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:

$662,000

Sale Price/ft²

$394

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1588 ft²

Average Home Age

94.9 years

Currently For Sale

14 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: 6 months ago
Data Source: MLS PIN, MLS# 71544092

Frequently Asked Questions

When was property at 16 Granite Street built and last sold?
The property at 16 Granite Street was built in 1890 and last sold on Sep 29, 2021 for $515,000.
How much is this home worth?
The estimated value of the home located at 16 Granite Street is $494,283.
What are some comparable homes to 16 Granite Street?
There are currently no comparable homes to 16 Granite Street.
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