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Peabody 01960 Proctor
18 Mount Pleasant
$435,000
● House - Off Market

18 Mount Pleasant

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,096 Ft²
$664,205
RealtyHop Estimate
47.93%
Since Nov 1, 2018
MA-Boston
Primary Model

About This Property

This tastefully updated Ranch Home is located in the desirable Brooksby Farm area.  Convenient location for shopping, major commuting highways, medical facilities and much more. The updated kitchen boasts granite countertops and stainless steel appliances. A spacious fenced back yard is a plus for children, animals, gardening, entertaining or just a great place to relax. 500sf of the lower level has recently been professionally finished into wonderful spaces plus a lower level unfinished area with closet and bulkhead... a great space for storage.  500sf of the finished lower level has NOT been added to the 1st floor living area measurement, (1096sf+500sf)  The attached photographs tell the story of 18 Mt. Pleasant.
Unit Size
1,096 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$410
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1950

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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 months ago (MLSPIN #72392055)

Price History

Date / Event Date Event Price
Oct 25, 2018 Sold
Premium
Sold
Sep 8, 2018 Listed by John E. Murphy $449,000
Listed by John E. Murphy
Nov 5, 2015 Sold
Premium
Sold
Sep 8, 2015 Listed by John E. Murphy $349,900
Listed by John E. Murphy
May 27, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 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: 12,863
  • Total Building Area: 1,096
  • Gross Building Area: 1,096
  • Building Area: 1,096
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,096
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000295
  • 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: 210302

Zoning

  • Zoning: R1A

Geography

  • Account Number: 4650
  • Parcel: PEAB M:0038 B:0043
  • Block: 43
  • Municipality: PEABODY
  • Latitude: 42.546
  • Longitude: -70.9549

    Address

  • Full Address: 18 Mount Pleasant Dr
  • Address - House Number: 18
  • Address - Street Name: Mount Pleasant
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C054
  • 4-Digit Zip Code: 1530
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $492,000

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 652,420
  • High Value: 760,083
  • Low Value: 544,758

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $539,500
  • Assessed Land Value: $309,700
  • Assessed Improvements Value: $229,800

    Sales

  • Current Sale Recording Date: Oct 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 181025002130
  • Previous Sale Recording Date: Nov 05, 2015
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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 Proctor

Stats & Trends

Median Asking:

$597,450

Sale Price/ft²

$378

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1764 ft²

Average Home Age

69.9 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72392055

Frequently Asked Questions

When was property at 18 Mt Pleasant Drive built and last sold?
The property at 18 Mt Pleasant Drive was built in 1950 and last sold on Jan 1, 1970 for $435,000.
How much is this home worth?
The estimated value of the home located at 18 Mt Pleasant Drive is $449,713.
What are some comparable homes to 18 Mt Pleasant Drive?
There are currently no comparable homes to 18 Mt Pleasant Drive.
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