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Peabody 01960 Peabody Town Center
2 Ash Street
$419,000
● House - Off Market

2 Ash Street

Peabody, MA 01960
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,188 Ft²
$447,473
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model

About This Property

This is a great opportunity.  This family home is located on a horse shoe type area, open floor plan, sliders to entrance to patio yard with an inground pool, two sizable bedrooms , french doors to officeon first floor, kitchen dining area combined, 2 full baths and a 3rd floor bonus room.  Home was brought down to studs 23 years ago with major renovations. Roof 20 years old . Shows nicely and has great storage space.  Showings start on Saturday 1 to 330 and Sunday 12 to 3  Please be prepared to wait , visitors must come with masks, Offers will be presented on Monday evening and response time Tuesday by 7 pm  No offers will be presented prior to that time
Unit Size
1,188 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$295
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1850

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #72735764)

Price History

Date / Event Date Event Price
Nov 23, 2020 Sold
Premium
Sold
Oct 1, 2020 Listed by RE/MAX 360 $349,900
Listed by RE/MAX 360

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 2,701
  • Total Building Area: 1,488
  • Gross Building Area: 1,488
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000062
  • 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: 210800

Zoning

  • Zoning: R2

Geography

  • Account Number: 9500
  • Parcel: PEAB M:0075 B:0231
  • Block: 231
  • Municipality: PEABODY
  • Latitude: 42.5288
  • Longitude: -70.9297

    Address

  • Full Address: 2 Ash St
  • Address - House Number: 2
  • Address - Street Name: Ash
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C006
  • 4-Digit Zip Code: 4306
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $456,500

    Appraisal Valuation

  • Standard Deviation: 0.2378
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 543,305
  • High Value: 672,527
  • Low Value: 414,082

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $500,600
  • Assessed Land Value: $185,400
  • Assessed Improvements Value: $315,200

    Sales

  • Current Sale Contract Date: Nov 21, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 20201123005530
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:

$579,900

Sale Price/ft²

$393

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1899 ft²

Average Home Age

83.6 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

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: 5 years ago
Data Source: MLS PIN, MLS# 72735764

Frequently Asked Questions

When was property at 2 Ash Street built and last sold?
The property at 2 Ash Street was built in 1850 and last sold on Nov 21, 2020 for $419,000.
How much is this home worth?
The estimated value of the home located at 2 Ash Street is $364,956.
What are some comparable homes to 2 Ash Street?
There are currently no comparable homes to 2 Ash Street.
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