$267,500
●
Condo -
Off Market
2 Hemlock Rd #2
Peabody, MA 01960
2 Beds
3 Baths,
1
Half Bath
1,568 Ft²
$575,826
RealtyHop Estimate
105.73%
Since Sep 1, 2009
MA-Boston
Primary Model
About This Property
Great opportunity to own a townhome in the well acclaimed Arboretum
Condominiums! Desirable Tamarack style end unit, open and spacious
w/fabulous location in complex. New SS appliances in updated
kitchen that leads to a one car attached garage. Liv/Din
combination with dramactic cathedral ceilings and southern exposure
allowing the sunlight to pour in. Two beds and a den on 2nd level
for pot. 3rd bed. New windows, CA, CV and beautiful views of the
lush greenery and flowers from deck. Gorgeous
Unit Size
1,568 Ft²
Days on Market
-
Land Size
-
Price per sqft
$179
Property Type
Condo
Property Taxes
$237
HOA Dues
$369
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 #70934680)
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 | |||
| | |||
|
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.
| |||
| 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: First
Width: 11
Length: 12
Features: Ceiling Fan(s), Dining Area
Area: 132
Level: Second
Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
Width: 11
Length: 11
Area: 121
Features: Flooring - Wall to Wall Carpet, Balcony / Deck
Level: First
Length: 24
Level: First
Area: 384
Features: Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Wall to Wall Carpet, Balcony - Interior
Width: 16
Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
Level: Second
Length: 18
Width: 12
Area: 216
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Den, Central Vacuum
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Electric Water Heater, Tank Water Heater, Plumbed For Ice Maker, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Carpet, Flooring - Wall to Wall Carpet
Rooms: 6
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Off Street, Tandem, Deeded, Guest
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: The Arboretum
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio, Patio - Enclosed
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: R5
Parcel Number: M:0072 B:0571, 2103628
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 72
Tax Assessed Value: $306,000
Tax Annual Amount: $2,846
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Icemaker Connection
Cooling Type: Central Air, Heat Pump, Individual, Unit Control
Heating Type: Forced Air, Heat Pump, Electric, Unit Control
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: Tennis Court(s), Recreation Facilities, Fitness Center, Sauna/Steam, Clubroom
HOA Fee: $369
Community Features: Shopping, Pool, Tennis Court(s), Walk/Jog Trails
Pets Allowed: Yes
Complex is Completed
Management: Professional - On Site, Professional - Off Site, Owner Association
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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