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Peabody 01960 South Peabody
16 Hillside Ave
$410,000
● House - Off Market

16 Hillside Ave

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,498 Ft²
$563,366
RealtyHop Estimate
48.29%
Since Jun 1, 2018
MA-Boston
Primary Model

About This Property

LAKESHORE PARK  area... ready to move right in 6 + room Cape , 3 Bedrooms  & 2 full baths (2nd floor Master Suite with plenty of closet space and additional storage) open working kitchen with separate eating area, large dining room with built in china cabinet, plus window seat, Vinyl windows, plenty  of  basement  area for  workshop, 3 season front porch, detached  garage, short walk to playground and tennis courts, easy access to highway.
Unit Size
1,498 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$254
Property Type
House
Property Taxes
$311
HOA Dues
-
Year Built
1930

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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 months ago (MLSPIN #72298798)

Price History

Date / Event Date Event Price
May 16, 2018 Sold
Premium
Sold
Mar 27, 2018 Listed by Keller Williams Realty Evolution $379,900
Listed by Keller Williams Realty Evolution
Sep 30, 1997 Sold
Premium
Sold
Jul 15, 1997 Listed by Keller Williams Realty Evolution $162,900
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 130
  • 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: 1,498
  • Gross Building Area: 1,498
  • Building Area: 1,498
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,498
  • Heating Fuel Type: 6

    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: 210500

Zoning

  • Zoning: R1A

Geography

  • Account Number: 15370
  • Parcel: PEAB M:0124 B:0007
  • Block: 7
  • Municipality: PEABODY
  • Latitude: 42.4989
  • Longitude: -70.9605

    Address

  • Full Address: 16 Hillside Ave
  • Address - House Number: 16
  • Address - Street Name: Hillside
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C009
  • 4-Digit Zip Code: 6513
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $504,200

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 630,274
  • High Value: 742,764
  • Low Value: 517,784

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $552,800
  • Assessed Land Value: $220,000
  • Assessed Improvements Value: $332,800

    Sales

  • Current Sale Contract Date: May 10, 2018
  • Current Sale Recording Date: May 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 592601
  • Previous Sale Recording Date: Sep 30, 1997
  • Previous Sale Amount: $157,000
  • Previous Sale Document Type: 43
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

$400

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1842 ft²

Average Home Age

85.7 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: 5 months ago
Data Source: MLS PIN, MLS# 72298798

Frequently Asked Questions

When was property at 16 Hillside Avenue built and last sold?
The property at 16 Hillside Avenue was built in 1930 and last sold on May 10, 2018 for $410,000.
How much is this home worth?
The estimated value of the home located at 16 Hillside Avenue is $387,752.
What are some comparable homes to 16 Hillside Avenue?
There are currently no comparable homes to 16 Hillside Avenue.
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