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Peabody 01960 West Peabody
2 Naumkeag Rd
$490,000
● House - Off Market

2 Naumkeag Rd

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,812 Ft²
$707,329
RealtyHop Estimate
50.56%
Since Apr 1, 2018
MA-Boston
Primary Model

About This Property

Great opportunity to get into a wonderful neighborhood in West Peabody. This 7 room, 3 bedroom, 2 bath split entry home with hardwood floors could be your new home.   The main level offers an open livingroom/diningroom which leads to the kitchen with granite counter tops a beautiful tile back splash and a tile floor, 3 bedrooms and a full bath. The lower level offers a large family room, a full bath with laundry hook up and a ample amount of storage, all located on a large corner lot in a well sought after Peabody neighborhood. Large corner level lot and two seperate driveways provide plenty of out door space the kids.
Unit Size
1,812 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$259
Property Type
House
Property Taxes
$386
HOA Dues
-
Year Built
1960

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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: 6 months ago (MLSPIN #72273509)

Price History

Date / Event Date Event Price
Mar 29, 2018 Sold
Premium
Sold
Jan 23, 2018 Listed by Keller Williams Realty Evolution $469,800
Listed by Keller Williams Realty Evolution
Feb 15, 2006 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • 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: 484
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,041
  • Total Building Area: 1,812
  • Gross Building Area: 1,812
  • Building Area: 1,812
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,812
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000345
  • 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: 210100

Zoning

  • Zoning: R1

Geography

  • Account Number: 1515
  • Parcel: PEAB M:0008 B:0032
  • Block: 32
  • Municipality: PEABODY
  • Latitude: 42.5585
  • Longitude: -71.0291

    Address

  • Full Address: 2 Naumkeag Rd
  • Address - House Number: 2
  • Address - Street Name: Naumkeag
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C033
  • 4-Digit Zip Code: 3342
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $551,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 730,082
  • High Value: 856,742
  • Low Value: 603,421

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $604,200
  • Assessed Land Value: $318,800
  • Assessed Improvements Value: $285,400

    Sales

  • Current Sale Recording Date: Mar 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180329002500
  • Previous Sale Recording Date: Feb 15, 2006
  • Previous Sale Amount: $450,000
  • 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

49

Average Home Size

2331 ft²

Average Home Age

52.7 years

Currently For Sale

10 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72273509

Frequently Asked Questions

When was property at 2 Naumkeag Road built and last sold?
The property at 2 Naumkeag Road was built in 1960 and last sold on Jan 1, 1970 for $490,000.
How much is this home worth?
The estimated value of the home located at 2 Naumkeag Road is $489,076.
What are some comparable homes to 2 Naumkeag Road?
There are currently no comparable homes to 2 Naumkeag Road.
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