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Peabody 01960 Peabody Town Center
18 Ayer Street
Photo of 18 Ayer Street
Sold on Dec 1, 2005

1

Map

$380,000
● House - Off Market

18 Ayer Street

Peabody, MA 01960
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,758 Ft²
$716,955
RealtyHop Estimate
79.69%
Since Jan 1, 2006
MA-Boston
Primary Model

About This Property

Priced to sell.  Tremendous investment potential.  Spacious Colonial full of period detail and chararacter waiting for your finishing touches.  Located on a corner lot, in a terrific neighborhood close to downtown.  Four bedrooms oversized, updated kitchen and hardwood throughout.  Finished third floor, potential in-law.  Fenced in yard, two car garage, plenty of off-street parking.
Unit Size
2,758 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$145
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
1929

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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 #70196892)

Price History

Date / Event Date Event Price
Dec 1, 2005 Sold
Premium
Sold
May 23, 2005 Listed $399,000
Listed
Jul 30, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 160
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,747
  • Total Building Area: 2,758
  • Gross Building Area: 2,758
  • Building Area: 2,758
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,758
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • 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: R2

Geography

  • Account Number: 11360
  • Parcel: PEAB M:0095 B:0294
  • Block: 294
  • Municipality: PEABODY
  • Latitude: 42.5195
  • Longitude: -70.9265

    Address

  • Full Address: 18 Ayer St
  • Address - House Number: 18
  • Address - Street Name: Ayer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C041
  • 4-Digit Zip Code: 6104
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $568,100

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 719,002
  • High Value: 840,637
  • Low Value: 597,366

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $622,900
  • Assessed Land Value: $222,800
  • Assessed Improvements Value: $400,100

    Sales

  • Current Sale Recording Date: Dec 01, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 30, 1993
  • Previous Sale Amount: $143,500
  • 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 Peabody Town Center

Stats & Trends

Median Asking:

$579,900

Sale Price/ft²

$388

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1595 ft²

Average Home Age

72.7 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: 5 months ago
Data Source: MLS PIN, MLS# 70196892

Frequently Asked Questions

When was property at 18 Ayer Street built and last sold?
The property at 18 Ayer Street was built in 1929 and last sold on Jan 1, 1970 for $380,000.
How much is this home worth?
The estimated value of the home located at 18 Ayer Street is $402,231.
What are some comparable homes to 18 Ayer Street?
There are currently no comparable homes to 18 Ayer Street.
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