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Peabody 01960 South Peabody
2 Johnson Ave
Photo of 2 Johnson Ave
Sold on Jul 23, 2026

29

Map

Photo of 2 Johnson Ave
Photo of 2 Johnson Ave
$680,000
● House - Off Market

2 Johnson Ave

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$3,340
Est. Monthly

About This Property

OPEN HOUSE CANCELLED - OFFER ACCEPTED - Welcome to 2 Johnson Ave in Peabody - a wonderfully inviting 4-bedroom Cape filled with natural light and thoughtful updates. The first floor features hardwood floors, an updated kitchen with granite and stainless appliances, 2 bedrooms, and an updated full bath. Upstairs offers two more spacious bedrooms with skylights, beamed ceilings, and a large shared storage closet. Additional perks include a new furnace, new water heater, upgrade to 200 AMP electrical, new driveway, and spray foam insulation all within the last 3 years. The level, fenced-in yard includes a paver patio and storage shed.  Showings begin at the first open house, Saturday, June 6 at 11:30am.  Don't miss out!
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$521
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1946

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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: 3 months ago (MLSPIN #73529502)

Price History

Date / Event Date Event Price
Jul 23, 2026 Sold
Premium
Sold
Jun 7, 2026 In contract -
In contract
Jun 3, 2026 Listed by Prestige Homes Real Estate, LLC $599,999
Listed by Prestige Homes Real Estate, LLC
Jun 9, 2021 Sold
Premium
Sold
Apr 29, 2021 Listed by Prestige Homes Real Estate, LLC $469,900
Listed by Prestige Homes Real Estate, LLC
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELMWOOD MANOR
  • Land Acres: 0000000115
  • 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: R1A

Geography

  • Account Number: 12661
  • Parcel: PEAB M:0102 B:0127
  • Block: 127
  • Municipality: PEABODY
  • Latitude: 42.5163
  • Longitude: -70.9509

    Address

  • Full Address: 2 Johnson Ave
  • Address - House Number: 2
  • Address - Street Name: Johnson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C045
  • 4-Digit Zip Code: 5226
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $446,900

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 640,490
  • High Value: 751,020
  • Low Value: 529,959

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $490,000
  • Assessed Land Value: $220,000
  • Assessed Improvements Value: $270,000

    Sales

  • Current Sale Contract Date: Jun 09, 2021
  • Current Sale Recording Date: Jun 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210609002980
  • Previous Sale Recording Date: Feb 24, 2012
  • Previous Sale Amount: $280,000
  • 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 South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$403

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2112 ft²

Average Home Age

75.5 years

Currently For Sale

15 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

Click here to view more rentals in the neighborhood.
Last Updated: 3 months ago
Data Source: MLS PIN, MLS# 73529502

Frequently Asked Questions

When was property at 2 Johnson Avenue built and last sold?
The property at 2 Johnson Avenue was built in 1946 and last sold on Jun 9, 2021 for $545,000.
How much is this home worth?
The estimated value of the home located at 2 Johnson Avenue is $587,348.
What are some comparable homes to 2 Johnson Avenue?
There are currently no comparable homes to 2 Johnson Avenue.
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