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Peabody 01960 South Peabody
18 Allen
$167,000
● House - Off Market

18 Allen

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,500 Ft²
$742,520
RealtyHop Estimate
312.51%
Since Jul 1, 1997
MA-Boston
Primary Model

About This Property

3 BEDROOM CAPE IN DESIRABLE SOUTH PEABODY LOCATION. RECENTLY RENOVATED WITH HARDWOOD FLOORS. QUIET NEIGHBORHOOD NEAR SCHOOLS, PARK,SHOPPING AND HIGHWAY.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$120
Property Type
House
Property Taxes
$110
HOA Dues
-
Year Built
1940

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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: 4 years ago (MLSPIN #30156339)

Price History

Date / Event Date Event Price
Jun 23, 1997 Sold
Premium
Sold
Apr 5, 1997 Listed by C B Associates $180,000
Listed by C B Associates

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 8,350
  • Total Building Area: 1,368
  • Gross Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000192
  • 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: 13850
  • Parcel: PEAB M:0108 B:0271
  • Block: 271
  • Municipality: PEABODY
  • Latitude: 42.513
  • Longitude: -70.9545

    Address

  • Full Address: 18 Allen Rd
  • Address - House Number: 18
  • Address - Street Name: Allen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C061
  • 4-Digit Zip Code: 6341
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $461,400

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 619,650
  • High Value: 717,527
  • Low Value: 521,774

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $505,900
  • Assessed Land Value: $243,100
  • Assessed Improvements Value: $262,800

    Sales

  • Current Sale Recording Date: Jun 23, 1997
  • Current Sale Price:
    Premium
  • Current 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 South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$405

Below Asking

0.01%

Average Days on Market

47

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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30156339

Frequently Asked Questions

When was property at 18 Allen Road built and last sold?
The property at 18 Allen Road was built in 1940 and last sold on Jan 1, 1970 for $167,000.
How much is this home worth?
The estimated value of the home located at 18 Allen Road is $0.
What are some comparable homes to 18 Allen Road?
There are currently no comparable homes to 18 Allen Road.
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