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Peabody 01960 South Peabody
1A Laurel Street
$200,000
● House - Off Market

1A Laurel Street

Peabody, MA 01960
bedrooms
Studio
bathrooms
2 Baths, 1 Half Bath
square feet
1,428 Ft²
$671,928
RealtyHop Estimate
220.12%
Since Dec 1, 1999
MA-Boston
Primary Model

About This Property

FULLY DORMED CAPE IN GREAT CONDITION, NEW HEAT,ELECTRIC, ROOF, APPLIANCES, SOME NEW WINDOWS. GOOD LOCATION, NICE LEVEL LOT AND GOOD SIZED YARD.
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$147
Property Type
House
Property Taxes
$130
HOA Dues
-
Year Built
1965

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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 years ago (MLSPIN #30359470)

Price History

Date / Event Date Event Price
Mar 30, 2022 Sold
Premium
Sold
May 12, 2017 Sold
Premium
Sold
Nov 29, 1999 Sold
Premium
Sold
Oct 4, 1999 Listed by Coldwell Banker Realty - Lynnfield $209,900
Listed by Coldwell Banker Realty - Lynnfield

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 12
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,545
  • Total Building Area: 1,428
  • Gross Building Area: 1,428
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 618R BOSTON ST
  • Land Acres: 0000000127
  • 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: 210500

Zoning

  • Zoning: R1

Geography

  • Account Number: 12439
  • Parcel: PEAB M:0101 B:0133
  • Block: 133
  • Municipality: PEABODY
  • Latitude: 42.5159
  • Longitude: -70.9553

    Address

  • Full Address: 1a Laurel St
  • Address - House Number: 1a
  • Address - Street Name: Laurel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C045
  • 4-Digit Zip Code: 5227
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $476,200

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 616,355
  • High Value: 722,651
  • Low Value: 510,058

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $522,200
  • Assessed Land Value: $201,700
  • Assessed Improvements Value: $320,500

    Sales

  • Current Sale Contract Date: Mar 30, 2022
  • Current Sale Recording Date: Mar 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 635068
  • Previous Sale Recording Date: May 12, 2017
  • Previous Sale Amount: $373,000
  • 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 South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$407

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2235 ft²

Average Home Age

66.3 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 years ago
Data Source: MLS PIN, MLS# 30359470

Frequently Asked Questions

When was property at 1A Laurel Street built and last sold?
The property at 1A Laurel Street was built in 1965 and last sold on Mar 30, 2022 for $575,000.
How much is this home worth?
The estimated value of the home located at 1A Laurel Street is $536,780.
What are some comparable homes to 1A Laurel Street?
There are currently no comparable homes to 1A Laurel Street.
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