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Peabody 01960 West Peabody
18 Lisa Rd
$526,000
● House - Off Market

18 Lisa Rd

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,232 Ft²
$479,435
RealtyHop Estimate
12.81%
Since Dec 1, 2021
MA-Boston
Primary Model

About This Property

Tremendous opportunity to get into West Peabody and put your personal touches on this Campanelli style ranch. Single-level living with 3 bedrooms, 1 bath. Updated kitchen with granite countertops, subway tile backsplash, tile floor, large pantry cabinet and vaulted ceiling with skylights. Bonus room off the kitchen has sliders that open up to the private backyard. Hardwood flooring in living and dining rooms. Private 1/2 acre lot with expansion possibilities. Convenient location off Russell St. and close to 95/Rt 1, but tucked away on a dead-end street. Ready for new owners to put some love and updates into this sweet home. Offers due Monday, Oct 11 at 12:00 noon.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$345
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1957

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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 years ago (MLSPIN #72904205)

Price History

Date / Event Date Event Price
Nov 23, 2021 Sold
Premium
Sold
Oct 5, 2021 Listed by Neil Real Estate $425,000
Listed by Neil Real Estate

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,699
  • Total Building Area: 1,232
  • Gross Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000567
  • 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: 2527
  • Parcel: PEAB M:0016 B:0050
  • Block: 50
  • Municipality: PEABODY
  • Latitude: 42.5543
  • Longitude: -71.0027

    Address

  • Full Address: 18 Lisa Rd
  • Address - House Number: 18
  • Address - Street Name: Lisa
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C021
  • 4-Digit Zip Code: 1120
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $487,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 616,209
  • High Value: 723,114
  • Low Value: 509,304

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $534,300
  • Assessed Land Value: $328,000
  • Assessed Improvements Value: $206,300

    Sales

  • Current Sale Contract Date: Nov 23, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211123005000
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

2404 ft²

Average Home Age

51.1 years

Currently For Sale

8 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 years ago
Data Source: MLS PIN, MLS# 72904205

Frequently Asked Questions

When was property at 18 Lisa Road built and last sold?
The property at 18 Lisa Road was built in 1957 and last sold on Nov 23, 2021 for $526,000.
How much is this home worth?
The estimated value of the home located at 18 Lisa Road is $0.
What are some comparable homes to 18 Lisa Road?
There are currently no comparable homes to 18 Lisa Road.
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