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Peabody 01960 Proctor
19 Violet Rd
$510,000
● House - Off Market

19 Violet Rd

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$522,316
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Solid Cape-style home in Desirable Peabody!  Located on a quiet street, this home features 4 Beds and 1 Bath and resides on a large flat lot.  Build Sweat Equity with a little TLC! Kitchen with plenty of cabinet space, gas cooking, and eat-in area.  Basement offers storage or finishing opportunities.     Take advantage of Peabody's Low Taxes, Low Electric and Water utilities. Nearby Peabody Walk & Bike Trail. Conveniently Located Near Rt. 128, Rt. 1, Local Shopping, and MBTA Commuter Rail. Open House 7/1 & 7/2.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$434
Property Type
House
Property Taxes
$337
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 #73005229)

Price History

Date / Event Date Event Price
Aug 15, 2022 Sold
Premium
Sold
Jun 29, 2022 Listed by RE/MAX 360 $499,900
Listed by RE/MAX 360

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 9,688
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000222
  • 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: 210401

Zoning

  • Zoning: R1A

Geography

  • Account Number: 7168
  • Parcel: PEAB M:0063 B:0011
  • Block: 11
  • Municipality: PEABODY
  • Latitude: 42.5374
  • Longitude: -70.9378

    Address

  • Full Address: 19 Violet Rd
  • Address - House Number: 19
  • Address - Street Name: Violet
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C038
  • 4-Digit Zip Code: 3173
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $429,200

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 555,107
  • High Value: 657,409
  • Low Value: 452,805

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $470,600
  • Assessed Land Value: $244,200
  • Assessed Improvements Value: $226,400

    Sales

  • Current Sale Contract Date: Aug 15, 2022
  • Current Sale Recording Date: Aug 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220815002230
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:

$599,900

Sale Price/ft²

$375

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1730 ft²

Average Home Age

78.4 years

Currently For Sale

16 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: 4 months ago
Data Source: MLS PIN, MLS# 73005229

Frequently Asked Questions

When was property at 19 Violet Road built and last sold?
The property at 19 Violet Road was built in 1950 and last sold on Aug 15, 2022 for $510,000.
How much is this home worth?
The estimated value of the home located at 19 Violet Road is $501,418.
What are some comparable homes to 19 Violet Road?
There are currently no comparable homes to 19 Violet Road.
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