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Peabody 01960 West Peabody
2 Meredith Road
$368,000
● House - Off Market

2 Meredith Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,682 Ft²
$687,929
RealtyHop Estimate
81.51%
Since Jul 1, 2014
MA-Boston
Primary Model

About This Property

Lovely West Peabody Sun Splashed Expanded Ranch w/Open Concept Floor Plan! Large Eat-in-Kitchen Features Stainless Steel Appliances, Recessed Lighting Opening Via Double Doors To Expansive Deck Overlooking Manicured Fenced in Back Yard! Large Living Room w/Fireplace & Picture Window & Hardwood Flooring!  Nice Sized Master Bedroom & Two More Good Sized Bedrooms!  Lower Level w/Huge Bonus Room & Office. Updated Bathroom, New Heating System & Large Corner Lot All Within 5 Minutes To Route 128!
Unit Size
1,682 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$225
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1959

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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 #71663485)

Price History

Date / Event Date Event Price
Jun 25, 2014 Sold
Premium
Sold
Apr 20, 2014 Listed by Sold On Sunday, Inc. $379,000
Listed by Sold On Sunday, Inc.
Apr 21, 2009 Sold
Premium
Sold
Jan 22, 2009 Listed by Sold On Sunday, Inc. $349,900
Listed by Sold On Sunday, Inc.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,248
  • Total Building Area: 1,682
  • Gross Building Area: 1,682
  • Building Area: 1,682
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,682
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESTHILL PEABODY RAYMOND C PR
  • Land Acres: 0000000373
  • 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: 3232
  • Parcel: PEAB M:0023 B:0105
  • Block: 105
  • Municipality: PEABODY
  • Latitude: 42.5483
  • Longitude: -71.015

    Address

  • Full Address: 2 Meredith Rd
  • Address - House Number: 2
  • Address - Street Name: Meredith
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C037
  • 4-Digit Zip Code: 3530
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $573,500

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 698,571
  • High Value: 819,764
  • Low Value: 577,377

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $628,800
  • Assessed Land Value: $319,900
  • Assessed Improvements Value: $308,900

    Sales

  • Current Sale Recording Date: Jun 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 62500474
  • Previous Sale Recording Date: Apr 21, 2009
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: 27
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# 71663485

Frequently Asked Questions

When was property at 2 Meredith Road built and last sold?
The property at 2 Meredith Road was built in 1959 and last sold on Jan 1, 1970 for $368,000.
How much is this home worth?
The estimated value of the home located at 2 Meredith Road is $387,458.
What are some comparable homes to 2 Meredith Road?
There are currently no comparable homes to 2 Meredith Road.
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