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Peabody 01960 South Peabody
1-A Piedmont Rd
$403,000
● House - Off Market

1-A Piedmont Rd

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,908 Ft²
$618,885
RealtyHop Estimate
54.72%
Since Feb 1, 2018
MA-Boston
Primary Model

About This Property

Beautifully maintained home in desirable South Peabody on a dead end street.   Views of  Bartholowmew Pond across the street, with Pond access.   Great open floor plan, fenced in yard and plenty of room on the oversized deck for entertaining.   Very quiet neighborhood with off street parking.   BONUS Extra finished living area in the basement complete with a bedroom area and a full bathroom.
Unit Size
1,908 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$210
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1962

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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: 6 months ago (MLSPIN #72219216)

Price History

Date / Event Date Event Price
Jan 16, 2018 Sold
Premium
Sold
Aug 25, 2017 Listed by Best Deal Realty, LLC $399,999
Listed by Best Deal Realty, LLC
May 5, 1997 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 8
  • 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: 10,001
  • Total Building Area: 1,908
  • Gross Building Area: 1,908
  • Building Area: 1,908
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,908
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 14397
  • Parcel: PEAB M:0114 B:0012
  • Block: 12
  • Municipality: PEABODY
  • Latitude: 42.5089
  • Longitude: -70.9683

    Address

  • Full Address: 1a Piedmont Rd
  • Address - House Number: 1a
  • Address - Street Name: Piedmont
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C008
  • 4-Digit Zip Code: 6216
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $527,100

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 679,800
  • High Value: 804,294
  • Low Value: 555,306

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $578,000
  • Assessed Land Value: $244,500
  • Assessed Improvements Value: $333,500

    Sales

  • Current Sale Recording Date: Jan 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180116001760
  • Previous Sale Recording Date: May 05, 1997
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 27
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:

$662,000

Sale Price/ft²

$394

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1588 ft²

Average Home Age

94.9 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

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72219216

Frequently Asked Questions

When was property at 1A Piedmont Road built and last sold?
The property at 1A Piedmont Road was built in 1962 and last sold on Jan 1, 1970 for $403,500.
How much is this home worth?
The estimated value of the home located at 1A Piedmont Road is $425,248.
What are some comparable homes to 1A Piedmont Road?
There are currently no comparable homes to 1A Piedmont Road.
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