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Peabody 01960 South Peabody
2 Nathans Way
$674,000
● House - Off Market

2 Nathans Way

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,562 Ft²
$675,340
RealtyHop Estimate
3.91%
Since Apr 1, 2022
MA-Boston
Primary Model

About This Property

The one you've been waiting for! First open houses this Saturday 2/5 & Sunday 2/6 from 12-3. You'll appreciate this meticulously maintained one-owner home located in Juniper Ridge. Built in 1992, this home offers 3 levels of living with many recent updates including: roof, A/C condenser, appliances, HW tank, driveway, bedroom carpeting, rear decking, and Corian counters installed in the kitchen & baths. All A/C ducts have been recently cleaned. Leaf guards have been installed on the gutters. Interior & exterior all recently painted. Move right in! This house is ready for you!
Unit Size
1,562 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$416
Property Type
House
Property Taxes
$445
HOA Dues
-
Year Built
1992

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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 #72938667)

Price History

Date / Event Date Event Price
Mar 31, 2022 Sold
Premium
Sold
Feb 1, 2022 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $649,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Jul 28, 1995 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 18
  • 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: 250
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,367
  • Total Building Area: 1,562
  • Gross Building Area: 1,562
  • Building Area: 1,562
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,562
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000238
  • 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: R1

Geography

  • Account Number: 13387
  • Parcel: PEAB M:0106 B:0063
  • Block: 63
  • Municipality: PEABODY
  • Latitude: 42.5104
  • Longitude: -70.9761

    Address

  • Full Address: 2 Nathans Way
  • Address - House Number: 2
  • Address - Street Name: Nathans
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Peabody
  • Carrier Code: C002
  • 4-Digit Zip Code: 4933
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $591,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 731,809
  • High Value: 854,760
  • Low Value: 608,859

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $649,000
  • Assessed Land Value: $299,100
  • Assessed Improvements Value: $349,900

    Sales

  • Current Sale Contract Date: Mar 31, 2022
  • Current Sale Recording Date: Mar 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 635113
  • Previous Sale Recording Date: Jul 28, 1995
  • Previous Sale Amount: $277,500
  • Previous Sale Document Type: 43
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

2244 ft²

Average Home Age

71 years

Currently For Sale

13 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# 72938667

Frequently Asked Questions

When was property at 2 Nathan's Way built and last sold?
The property at 2 Nathan's Way was built in 1992 and last sold on Mar 31, 2022 for $674,000.
How much is this home worth?
The estimated value of the home located at 2 Nathan's Way is $656,059.
What are some comparable homes to 2 Nathan's Way?
There are currently no comparable homes to 2 Nathan's Way.
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