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Peabody 01960 Peabody Town Center
2 Lincoln Pl
$324,000
● House - Off Market

2 Lincoln Pl

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,464 Ft²
$543,789
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Move right in to this three bedroom colonial. Located on a quaint side street but close to downtown Peabody, this recently renovated home features a brand new, eat-in kitchen with stainless steel appliances and granite countertops. The first floor also offers a large living room/dining room combination with recently refinished hardwood floors. The flooring continues upstairs where you will find three good-sized bedrooms and a full bathroom. The master bedroom offers a large, walk-in closet. The grounds offer a manageable yard and  two off-street parking spaces. The home is just a short ride to the malls, restaurants, shops and more.
Unit Size
1,464 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$239
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
1915

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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: 4 months ago (MLSPIN #72155376)

Price History

Date / Event Date Event Price
Aug 1, 2017 Sold
Premium
Sold
Apr 30, 2017 Listed by Century 21 Hughes $349,900
Listed by Century 21 Hughes
Feb 23, 2017 Sold
Premium
Sold
May 29, 2016 Listed by Century 21 Hughes $244,900
Listed by Century 21 Hughes
May 25, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 0

    Dimensions

  • Lot Size Square Feet: 3,088
  • Total Building Area: 1,464
  • Gross Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,464
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IPSWICH DAIRY
  • Land Acres: 0000000071
  • 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: 210700

Zoning

  • Zoning: R4

Geography

  • Account Number: 11117
  • Parcel: PEAB M:0095 B:0067
  • Block: 67
  • Municipality: PEABODY
  • Latitude: 42.5216
  • Longitude: -70.9268

    Address

  • Full Address: 2 Lincoln Pl
  • Address - House Number: 2
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Peabody
  • Carrier Code: C041
  • 4-Digit Zip Code: 5910
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $425,200

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 559,601
  • High Value: 662,731
  • Low Value: 456,470

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $466,200
  • Assessed Land Value: $188,100
  • Assessed Improvements Value: $278,100

    Sales

  • Current Sale Recording Date: Aug 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 647
  • Previous Sale Recording Date: Feb 23, 2017
  • Previous Sale Amount: $222,500
  • 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 Peabody Town Center

Stats & Trends

Median Asking:

$579,900

Sale Price/ft²

$388

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1947 ft²

Average Home Age

87.8 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

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: 4 months ago
Data Source: MLS PIN, MLS# 72155376

Frequently Asked Questions

When was property at 2 Lincoln Place built and last sold?
The property at 2 Lincoln Place was built in 1915 and last sold on Jan 1, 1970 for $324,000.
How much is this home worth?
The estimated value of the home located at 2 Lincoln Place is $352,163.
What are some comparable homes to 2 Lincoln Place?
There are currently no comparable homes to 2 Lincoln Place.
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