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Peabody 01960 Peabody Town Center
19 Davis Ter
$507,000
● House - Off Market

19 Davis Ter

Peabody, MA 01960
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,100 Ft²
$692,168
RealtyHop Estimate
38.46%
Since May 1, 2020
MA-Boston
Primary Model

About This Property

Priced to sell! Granite stairs welcomes you as you enter this spacious raised ranch freshly painted on first level with an open concept kitchen, living room and dining room and 3 bedrooms and a full bath.  Accessory apartment on lower level features an open concept living room, kitchen, 2 bedrooms and a full bath. Lots of closet space this home has plenty of room for the extended family. In addition, there are sliders off the kitchen leading to a small deck area, a new roof, newer heat system,updated electric, fenced yard with a grape vine to enjoy, storage shed and 3 car parking. All located in a desirable area with close proximity to highway access, shopping, schools.Any and all offers due by tues 3/17 at noon Private showings can be scheduled; hand sanitizer on site for public use.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$238
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
1978

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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 #72629119)

Price History

Date / Event Date Event Price
Apr 30, 2020 Sold
Premium
Sold
Mar 5, 2020 Listed by Five Star Realty Group $499,900
Listed by Five Star Realty Group

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 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: 5,388
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEABODY
  • Land Acres: 0000000124
  • 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: 210900

Zoning

  • Zoning: R1A

Geography

  • Account Number: 9912
  • Parcel: PEAB M:0076 B:0313-C
  • Block: 313-C
  • Municipality: PEABODY
  • Latitude: 42.5311
  • Longitude: -70.9147

    Address

  • Full Address: 19 Davis Ter
  • Address - House Number: 19
  • Address - Street Name: Davis
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Peabody
  • Carrier Code: C007
  • 4-Digit Zip Code: 1913
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $447,000

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 617,133
  • High Value: 727,278
  • Low Value: 506,988

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $490,100
  • Assessed Land Value: $204,100
  • Assessed Improvements Value: $286,000

    Sales

  • Current Sale Contract Date: Apr 28, 2020
  • Current Sale Recording Date: Apr 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200430000160
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:

$599,000

Sale Price/ft²

$387

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1684 ft²

Average Home Age

88.6 years

Currently For Sale

14 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: 4 months ago
Data Source: MLS PIN, MLS# 72629119

Frequently Asked Questions

When was property at 19 Davis Terrace built and last sold?
The property at 19 Davis Terrace was built in 1978 and last sold on Apr 28, 2020 for $507,000.
How much is this home worth?
The estimated value of the home located at 19 Davis Terrace is $505,987.
What are some comparable homes to 19 Davis Terrace?
There are currently no comparable homes to 19 Davis Terrace.
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