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Peabody 01960 South Peabody
17 Myles Rd
$380,000
● House - Off Market

17 Myles Rd

Peabody, MA 01960
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,650 Ft²
$601,390
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

South Peabody Gem, loaded with curb appeal and amenities! Lovingly maintained by same family since home was built! Pride of ownership shows! This updated Ranch offers so much. Features: Central Air, sunny inviting newer Kitchen, ceramic tile Bath with jacuzzi, gas fireplace in Living Room, attractive replacement windows, Family Room in basement with tons of storage plus another full Bath. Architectural shingled Roof. Hardwood floors (living room has HW under carpet) Newer heat, new HW, 200amp electric. Level walk-out to lushly landscaped, fully-fenced yard with Gazebo, Patio, Deck, and 2-car Garage with workshop addition. All set on large lot in desirable South Peabody neighborhood.  First Showings at OH Sunday 04/24 from 12:00-2:00
Unit Size
1,650 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$218
Property Type
House
Property Taxes
$292
HOA Dues
-
Year Built
1960

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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 #71992080)

Price History

Date / Event Date Event Price
Jun 10, 2016 Sold
Premium
Sold
Apr 21, 2016 Listed by Team Steve & Donna Real Estate $359,500
Listed by Team Steve & Donna Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 9,291
  • Total Building Area: 1,036
  • Gross Building Area: 1,036
  • Building Area: 1,036
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,036
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000213
  • 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: R1A

Geography

  • Account Number: 15276
  • Parcel: PEAB M:0121 B:0011
  • Block: 11
  • Municipality: PEABODY
  • Latitude: 42.4994
  • Longitude: -70.9507

    Address

  • Full Address: 17 Myles Rd
  • Address - House Number: 17
  • Address - Street Name: Myles
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C015
  • 4-Digit Zip Code: 6643
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $491,100

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 656,977
  • High Value: 762,944
  • Low Value: 551,010

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $538,500
  • Assessed Land Value: $243,900
  • Assessed Improvements Value: $294,600

    Sales

  • Current Sale Recording Date: Jun 10, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 344
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

46

Average Home Size

1761 ft²

Average Home Age

85.1 years

Currently For Sale

16 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71992080

Frequently Asked Questions

When was property at 17 Myles Road built and last sold?
The property at 17 Myles Road was built in 1960 and last sold on Jan 1, 1970 for $380,000.
How much is this home worth?
The estimated value of the home located at 17 Myles Road is $383,161.
What are some comparable homes to 17 Myles Road?
There are currently no comparable homes to 17 Myles Road.
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