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Peabody 01960 West Peabody
17 Villa Ln
$497,000
● House - Off Market

17 Villa Ln

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,084 Ft²
$966,766
RealtyHop Estimate
94.32%
Since Jun 1, 2013
MA-Boston
Primary Model

About This Property

Impressive!!! Beautifully Renovated W. Peabody four bedroom home. Open Custom Kitchen with Cherry Cabinets, Granite, SS appliances, vaulted ceiling and sliders to large deck. Granite Fireplace Living Room great for entertaining the family & friends, Generous size bedrooms, Newly Updated lower level leading to a beautiful patio and In Ground heated salt water pool. Separate entrance for Possible In Law Suite and a large professionally landscaped fenced in private yard w/irrigation system.
Unit Size
2,084 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$239
Property Type
House
Property Taxes
$355
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 #71477193)

Price History

Date / Event Date Event Price
May 2, 2013 Sold
Premium
Sold
Jan 29, 2013 Listed by eXp Realty $497,500
Listed by eXp Realty
Jul 28, 2000 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 264
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 16,871
  • Total Building Area: 2,084
  • Gross Building Area: 2,084
  • Building Area: 2,084
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,084
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEABODY
  • Land Acres: 0000000387
  • 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: 210100

Zoning

  • Zoning: R1

Geography

  • Account Number: 1118
  • Parcel: PEAB M:0004 B:0038
  • Block: 38
  • Municipality: PEABODY
  • Latitude: 42.5651
  • Longitude: -71.0271

    Address

  • Full Address: 17 Villa Ln
  • Address - House Number: 17
  • Address - Street Name: Villa
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Peabody
  • Carrier Code: C030
  • 4-Digit Zip Code: 2035
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $680,900

    Appraisal Valuation

  • Standard Deviation: 0.1726
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 846,616
  • High Value: 992,858
  • Low Value: 700,375

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $746,600
  • Assessed Land Value: $320,500
  • Assessed Improvements Value: $426,100

    Sales

  • Current Sale Recording Date: May 02, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jul 28, 2000
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: 27
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 West Peabody

Stats & Trends

Median Asking:

$735,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2158 ft²

Average Home Age

55.4 years

Currently For Sale

9 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# 71477193

Frequently Asked Questions

When was property at 17 Villa Lane built and last sold?
The property at 17 Villa Lane was built in 1960 and last sold on Jan 1, 1970 for $497,000.
How much is this home worth?
The estimated value of the home located at 17 Villa Lane is $518,220.
What are some comparable homes to 17 Villa Lane?
There are currently no comparable homes to 17 Villa Lane.
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