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Peabody 01960 South Peabody
16 Whitney Dr.
$655,000
● House - Off Market

16 Whitney Dr.

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,472 Ft²
$739,609
RealtyHop Estimate
12.06%
Since Jan 1, 2022
MA-Boston
Primary Model

About This Property

Meticulously maintained, tastefully designed 3 bedroom, 1.5 bath, split-level in the quiet, desirable Royal Acres neighborhood of So. Peabody.  The main level offers an open concept floorplan with hardwood floors and rooms bathed in sunlight.  Off the updated kitchen with leathered stone countertops, stainless steel appliances, and eating area, enjoy an open airy sunporch overlooking a lush, level, landscaped yard - a perfect escape for relaxing!  Continue to the lower level where you'll find a warm and inviting family room boasting a fireplace and built-in shelving.  Additionally, there is a conveniently located half bath, work room, laundry and entrance to the garage. Lovingly cared for and maintained throughout the years, allows you the time to move right in and come home.
Unit Size
1,472 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$448
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1967

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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 years ago (MLSPIN #72896455)

Price History

Date / Event Date Event Price
Dec 10, 2021 Sold
Premium
Sold
Sep 16, 2021 Listed by Conway - Swampscott $660,000
Listed by Conway - Swampscott

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • 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: 288
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 1,472
  • Gross Building Area: 1,472
  • Building Area: 1,472
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,472
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: R1B

Geography

  • Account Number: 11726
  • Parcel: PEAB M:0098 B:0060
  • Block: 60
  • Municipality: PEABODY
  • Latitude: 42.5149
  • Longitude: -70.9829

    Address

  • Full Address: 16 Whitney Dr
  • Address - House Number: 16
  • Address - Street Name: Whitney
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C002
  • 4-Digit Zip Code: 4853
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $553,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 720,261
  • High Value: 829,026
  • Low Value: 611,495

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $607,000
  • Assessed Land Value: $242,800
  • Assessed Improvements Value: $364,200

    Sales

  • Current Sale Contract Date: Dec 10, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211210003020
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

$403

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2244 ft²

Average Home Age

71 years

Currently For Sale

13 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# 72896455

Frequently Asked Questions

When was property at 16 Whitney Drive built and last sold?
The property at 16 Whitney Drive was built in 1967 and last sold on Dec 10, 2021 for $655,000.
How much is this home worth?
The estimated value of the home located at 16 Whitney Drive is $0.
What are some comparable homes to 16 Whitney Drive?
There are currently no comparable homes to 16 Whitney Drive.
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