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Peabody 01960 South Peabody
17 Rockway Rd
$350,000
● House - Off Market

17 Rockway Rd

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,851 Ft²
$588,391
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Beautiful 4 bedroom, 3 full bath split-entry home tucked away abutting conservation land.  This home was built in 1999, and has been very well maintained.  Spacious living and dining area featuring vaulted ceilings and hardwood floors.  One car garage and large backyard perfect for entertaining, parties, or for your active pets!!  Open House this Sunday October 13th from 3PM-4:30PM**All offers must have signed disclosure attached to this listing. Short sale, price not yet approved by lender, sold as-is, where is.
Unit Size
1,851 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$243
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1999

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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 #72577784)

Price History

Date / Event Date Event Price
Nov 20, 2020 Sold
Premium
Sold
Oct 7, 2020 Listed by LAER Realty Partners $549,974
Listed by LAER Realty Partners
Sep 4, 2020 Sold
Premium
Sold
Oct 9, 2019 Listed by LAER Realty Partners $450,000
Listed by LAER Realty Partners

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • 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: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,206
  • Total Building Area: 1,851
  • Gross Building Area: 1,851
  • Building Area: 1,851
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,851
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • 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: 15129
  • Parcel: PEAB M:0120 B:0061
  • Block: 61
  • Municipality: PEABODY
  • Latitude: 42.502
  • Longitude: -70.9575

    Address

  • Full Address: 17 Rockway Rd
  • Address - House Number: 17
  • Address - Street Name: Rockway
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C009
  • 4-Digit Zip Code: 6518
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $589,600

    Appraisal Valuation

  • Standard Deviation: 0.19
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 670,989
  • High Value: 798,561
  • Low Value: 543,417

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $646,500
  • Assessed Land Value: $246,300
  • Assessed Improvements Value: $400,200

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 618887
  • Previous Sale Recording Date: Sep 04, 2020
  • Previous Sale Contract Date: Aug 29, 2020
  • Previous Sale Amount: $350,000
  • 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 South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$399

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1722 ft²

Average Home Age

87.3 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72577784

Frequently Asked Questions

When was property at 17 Rockway Road built and last sold?
The property at 17 Rockway Road was built in 1999 and last sold on Nov 20, 2020 for $550,000.
How much is this home worth?
The estimated value of the home located at 17 Rockway Road is $557,276.
What are some comparable homes to 17 Rockway Road?
There are currently no comparable homes to 17 Rockway Road.
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