$490,000
●
Condo -
Off Market
2 Hemlock Road #2
Peabody, MA 01960
3 Beds
3 Baths,
1
Half Bath
1,568 Ft²
$590,975
RealtyHop Estimate
25.77%
Since Feb 1, 2021
MA-Boston
Primary Model
About This Property
FABULOUS RE-DONE END UNIT IN MOVE IN CONDITION NEAR ALL MAJOR
TRAVEL ROUTES. Pool , Tennis Courts, Clubhouse, putting green,
gardens w/lots of landscaping. 2 BR/Office, 2 1/2 re-done baths MBR
frameless shower door. Beautiful newer custom kitchen, Custom
cabinets w/wine rack.Whirlpool appliances, Custom Granite CT,
custom tiled backsplash, ceramic tile floor, ceiling fan and
recessed lighting, side Island with seating. Washer and dryer is in
the unit. Central vac and AC. All the air ducks have been
professionally cleaned. Dining Room w/custom built lighted hutch,
recessed ceiling lights (2), slider leading to deck. The unit has
newer carpeting and flooring, unit has been freshly painted, custom
blinds in LR with vaulted ceiling, DR, MBR BR, Office &
Hallway has ceiling fans. Lots of storage and closet space. Private
closed deck with lovely landscaping. Don't miss this
exceptional unit! ALL OFFERS ARE DUE ON SUNDAY DECEMBER 6th, 2020
BY 2:00 p.m.
Unit Size
1,568 Ft²
Days on Market
-
Land Size
-
Price per sqft
$300
Property Type
Condo
Property Taxes
$328
HOA Dues
$430
Year Built
1972
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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: 5 years ago (MLSPIN #72762230)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 22, 2021 | Sold | ||
| Sold | |||
| Dec 1, 2020 | Listed by RE/MAX Andrew Realty Services | $469,900 | |
| Listed by RE/MAX Andrew Realty Services | |||
| Jul 20, 2018 | Sold | ||
| Sold | |||
| Apr 15, 2018 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $405,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
| | |||
|
Great opportunity to own a townhouse in the Arboretum Condominiums ! Desirable Tamarack style END unit in a fabulous location in the complex !! Lots of sunlight in every room. This unit features an open and spacious floor plan. Kitchen has SS appliances, Living Rm / Dining Rm combination with cathedral ceilings. Second floor has 2 Bedrooms (Master suite with full bath), and a Den/ Office. New heat and AC, CV, 1st floor Laundry, ceiling fans and a beautiful deck overlooking a gorgeous garden.
| |||
| Aug 14, 2009 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: Main
Width: 10
Length: 10
Features: Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Remodeled
Area: 100
Level: Second
Features: Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Level: Second
Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Width: 11
Length: 12
Area: 132
Width: 10
Features: Closet/Cabinets - Custom Built, Flooring - Laminate, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Lighting - Overhead
Length: 11
Level: Second
Area: 110
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Beadboard
Level: Main
Length: 24
Level: Main
Area: 288
Features: Flooring - Laminate, Cable Hookup, Open Floorplan, Remodeled
Width: 12
Features: Bathroom - Full, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Cable Hookup, Closet - Double
Level: Second
Length: 18
Width: 12
Area: 216
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Level: Second
Length: 12
Level: Second
Area: 120
Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Width: 10
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Closet, Office
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Electric Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Carpet, Laminate, Flooring - Wall to Wall Carpet
Laundry Features: First Floor, In Unit, Washer Hookup
Rooms: 6
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Storage, Off Street, Paved
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Arboretum
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck - Wood
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: R5
Parcel Number: M:0072 B:0571, 2103628
Water Source: Public
Financial Details
Tax Assessed Value: $366,300
Tax Annual Amount: $3,934
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Pool, Putting Green, Tennis Court(s), Fitness Center, Clubroom, Garden Area, Clubhouse
Association Fee Frequency: Monthly
HOA Fee: $430
Community Features: Shopping, Pool, Tennis Court(s), Highway Access, House of Worship, Public School
Pets Allowed: Yes
Complex is Completed
Management: Professional - On Site, Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/01/2020
|
3 Bed
|
3 Bath
|
1568 ft²
|
$469,900
3 Bed
3 Bath
1568 ft²
|
$490,000
+4.28%
01/22/2021
|
Judy Mason
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
04/15/2018
|
2 Bed
|
3 Bath
|
1568 ft²
|
$405,000
2 Bed
3 Bath
1568 ft²
|
$397,000
-1.98%
07/20/2018
|
Judy Mason
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
06/16/2009
|
2 Bed
|
3 Bath
|
1568 ft²
|
$279,900
2 Bed
3 Bath
1568 ft²
|
$267,500
-4.43%
08/14/2009
|
Joyce Cucchiara
Coldwell Banker Realty - Lynnfield
| |
|
07/10/1995
|
3 Bed
|
3 Bath
|
1930 ft²
|
$164,900
3 Bed
3 Bath
1930 ft²
|
$155,000
-6.00%
12/15/1995
|
Joanne McGinn
Century 21 Tradition
|
Building Info
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