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Peabody 01960 Proctor
19 Martha Terrace
$235,000
● House - Off Market

19 Martha Terrace

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
980 Ft²
$399,144
RealtyHop Estimate
81.51%
Since Jul 1, 2014
MA-Boston
Primary Model

About This Property

HIGHEST & BEST BY 12PM 0N 4/7/2014. SEE ATTACHED MULTIPLE OFFER FORM.Ranch on quiet side street on niced sized lot needs your attention. Work needed throughout but offers so much potential. Seller's 1st Look Initiative for Owner Occupants and NSP Buyers expires April 17, 2014. Sold as is. Will not pass FHA or VA Financing . There is no stove, which may be a condition for conventional financing with some lenders. Seller offers Home Warranty Incentive: Seller allowance up to $500 to home buyers towards the purchase of a home warranty of their choice.  Buyer's responsibility to identify & select the home warranty company and plan. Must make request with initial offer. See Firm Remarks.
Unit Size
980 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$224
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
1956

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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 #71651365)

Price History

Date / Event Date Event Price
Jun 30, 2014 Sold
Premium
Sold
Mar 28, 2014 Listed by Tache Real Estate, Inc. $219,900
Listed by Tache Real Estate, Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,499
  • Total Building Area: 1,960
  • Gross Building Area: 1,960
  • Building Area: 1,960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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: 210402

Zoning

  • Zoning: R1A

Geography

  • Account Number: 8780
  • Parcel: PEAB M:0073 B:0290
  • Block: 290
  • Municipality: PEABODY
  • Latitude: 42.5299
  • Longitude: -70.9433

    Address

  • Full Address: 19 Martha Ter
  • Address - House Number: 19
  • Address - Street Name: Martha
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Peabody
  • Carrier Code: C044
  • 4-Digit Zip Code: 4247
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $549,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 700,173
  • High Value: 810,769
  • Low Value: 589,578

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $602,700
  • Assessed Land Value: $231,400
  • Assessed Improvements Value: $371,300

    Sales

  • Current Sale Recording Date: Nov 16, 2015
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 521
  • Previous Sale Recording Date: Jun 30, 2014
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: O
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:

$599,999

Sale Price/ft²

$375

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1777 ft²

Average Home Age

69.8 years

Currently For Sale

18 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: 5 months ago
Data Source: MLS PIN, MLS# 71651365

Frequently Asked Questions

When was property at 19 Martha Terrace built and last sold?
The property at 19 Martha Terrace was built in 1956 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 19 Martha Terrace is $232,512.
What are some comparable homes to 19 Martha Terrace?
There are currently no comparable homes to 19 Martha Terrace.
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