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Peabody 01960 Peabody Town Center
17 Lowe Street
$329,900
● House - Off Market

17 Lowe Street

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,285 Ft²
$471,570
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model

About This Property

Well-maintained centrally and conveniently located home close to shopping, highway, and schools. First floor has newer eat-in kitchen with tile floor and granite countertops; living room and master bedroom have hardwood flooring and crown moldings. Master is complete with lovely en suite bath.  Hardwood may be found throughout the 2nd floor with 2 bedrooms plus third smaller room that could be used as a nursery, office, or den.  Lower level is partially finished and comprised of 2 basic rooms plus a full bath, though for measuring purposes it was divided into 3 rooms, all with tile flooring. Driveway accommodates 3 cars tandem style. Property is freshly painted and ready for its new owner to call home!
Unit Size
1,285 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$257
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1915

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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: 4 months ago (MLSPIN #72448602)

Price History

Date / Event Date Event Price
Dec 3, 2020 Sold
Premium
Sold
Oct 14, 2020 Listed by RE/MAX Partners $350,000
Listed by RE/MAX Partners
May 24, 2019 Sold
Premium
Sold
Feb 2, 2019 Listed by RE/MAX Partners $329,900
Listed by RE/MAX Partners
Jun 28, 2012 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 200
  • 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: 1,938
  • Total Building Area: 1,529
  • Gross Building Area: 1,529
  • Building Area: 1,529
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,529
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TONY PHILLIPS
  • Land Acres: 0000000044
  • 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: 210700

Zoning

  • Zoning: BN2

Geography

  • Account Number: 11061
  • Parcel: PEAB M:0095 B:0011-A
  • Block: 11-A
  • Municipality: PEABODY
  • Latitude: 42.5206
  • Longitude: -70.931

    Address

  • Full Address: 17 Lowe St
  • Address - House Number: 17
  • Address - Street Name: Lowe
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C046
  • 4-Digit Zip Code: 5903
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $412,000

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 555,404
  • High Value: 651,251
  • Low Value: 459,557

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $451,800
  • Assessed Land Value: $180,100
  • Assessed Improvements Value: $271,700

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Dec 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201203002640
  • Previous Sale Recording Date: May 24, 2019
  • Previous Sale Contract Date: May 24, 2019
  • Previous Sale Amount: $329,000
  • Previous Sale Document Type: O
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 Peabody Town Center

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$387

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1686 ft²

Average Home Age

81.4 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72448602

Frequently Asked Questions

When was property at 17 Lowe Street built and last sold?
The property at 17 Lowe Street was built in 1915 and last sold on Nov 24, 2020 for $414,000.
How much is this home worth?
The estimated value of the home located at 17 Lowe Street is $375,363.
What are some comparable homes to 17 Lowe Street?
There are currently no comparable homes to 17 Lowe Street.
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