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Peabody 01960 Proctor
2 Regal Terrace
$250,000
● House - Off Market

2 Regal Terrace

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,040 Ft²
$747,055
RealtyHop Estimate
187.44%
Since Aug 1, 2000
MA-Boston
Primary Model

About This Property

SUPER 8 ROOM 3+BEDROOM SINGLE IDEALLY LOCATED ON CORNER LOT IN LOVELY RES. NEIGHBORHOOD. FEATURES INCLUDE A SUNNY KIT/DIN.RM OVERLOOKING 12X15 DECK & PRIVATE YARD. CLOSE TO 128 & 114, SCHOOLS & MALL.
Unit Size
2,040 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$127
Property Type
House
Property Taxes
$151
HOA Dues
-
Year Built
1977

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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 years ago (MLSPIN #30412466)

Price History

Date / Event Date Event Price
Jul 28, 2000 Sold
Premium
Sold
May 17, 2000 Listed $259,900
Listed
Sep 30, 1992 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • 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: 480
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 7,218
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONIAL VILLAGE CONDO
  • Land Acres: 0000000166
  • 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: 210402

Zoning

  • Zoning: R2

Geography

  • Account Number: 8829
  • Parcel: PEAB M:0073 B:0338
  • Block: 338
  • Municipality: PEABODY
  • Latitude: 42.5327
  • Longitude: -70.9446

    Address

  • Full Address: 2 Regal Ter
  • Address - House Number: 2
  • Address - Street Name: Regal
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Peabody
  • Carrier Code: C032
  • 4-Digit Zip Code: 4043
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $511,600

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 671,613
  • High Value: 785,232
  • Low Value: 557,995

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $561,000
  • Assessed Land Value: $236,900
  • Assessed Improvements Value: $324,100

    Sales

  • Current Sale Recording Date: Jul 28, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 30, 1992
  • Previous Sale Amount: $145,900
  • 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 Proctor

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$375

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1730 ft²

Average Home Age

78.4 years

Currently For Sale

16 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: 4 years ago
Data Source: MLS PIN, MLS# 30412466

Frequently Asked Questions

When was property at 2 Regal Terrace built and last sold?
The property at 2 Regal Terrace was built in 1977 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 2 Regal Terrace is $291,119.
What are some comparable homes to 2 Regal Terrace?
There are currently no comparable homes to 2 Regal Terrace.
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