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Peabody 01960 West Peabody
2 Carell Rd
$759,000
● House - Off Market

2 Carell Rd

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,958 Ft²
$4,431
Est. Monthly

About This Property

Welcome to this newly  renovated  ranch-style residence, ideally situated within a quiet West Peabody neighborhood. Immerse yourself in the convenience of single-level living and a thoughtfully designed open-concept living area, modernized to cater to your immediate needs. Completely renovated down to the studs, this house has new hardwood flooring, electrical, windows, masonry work, appliances, roofing, and more. Indulge in the comfort of your master bathroom suite, complete with an adjoining walk-in closet.  Move right in as everything has already been done for you!
Unit Size
1,958 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$409
Property Type
House
Property Taxes
$503
HOA Dues
-
Year Built
1960

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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 #73174786)

Price History

Date / Event Date Event Price
Dec 28, 2023 Sold
Premium
Sold
Dec 10, 2023 In contract -
In contract
Oct 27, 2023 Listed by Century 21 North East $799,900
Listed by Century 21 North East
Apr 21, 2023 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,048
  • Total Building Area: 1,903
  • Gross Building Area: 1,903
  • Building Area: 1,903
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,903
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000368
  • 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: 210200

Zoning

  • Zoning: R1

Geography

  • Account Number: 6563
  • Parcel: PEAB M:0057 B:0088
  • Block: 88
  • Municipality: PEABODY
  • Latitude: 42.5365
  • Longitude: -70.9957

    Address

  • Full Address: 2 Carell Rd
  • Address - House Number: 2
  • Address - Street Name: Carell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C029
  • 4-Digit Zip Code: 3706
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $630,700

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 813,915
  • High Value: 879,263
  • Low Value: 748,568

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $691,600
  • Assessed Land Value: $319,800
  • Assessed Improvements Value: $371,800

    Sales

  • Current Sale Contract Date: Dec 27, 2023
  • Current Sale Recording Date: Dec 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20231228000930
  • Previous Sale Recording Date: Apr 21, 2023
  • Previous Sale Contract Date: Apr 20, 2023
  • Previous Sale Amount: $425,000
  • 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 West Peabody

Stats & Trends

Median Asking:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2537 ft²

Average Home Age

48.3 years

Currently For Sale

7 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: 4 months ago
Data Source: MLS PIN, MLS# 73174786

Frequently Asked Questions

When was property at 2 Carell Road built and last sold?
The property at 2 Carell Road was built in 1960 and last sold on Dec 27, 2023 for $759,000.
How much is this home worth?
The estimated value of the home located at 2 Carell Road is $799,988.
What are some comparable homes to 2 Carell Road?
There are currently no comparable homes to 2 Carell Road.
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