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Peabody 01960 West Peabody
2 Roosevelt Ave
$624,000
● House - Off Market

2 Roosevelt Ave

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,956 Ft²
$833,513
RealtyHop Estimate
38.94%
Since Apr 1, 2020
MA-Boston
Primary Model

About This Property

Beautiful split in a top location. This house is perfectly done and ready for a new owner. New siding and new heating system. 2 car garage, Large rooms with a great layout. Master Bath. Perfect yard to enjoy and entertain in. This house is a must see to appreciate. Come see it at the first showings on Sunday February 2nd from 11-1
Unit Size
1,956 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$307
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1979

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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: 5 months ago (MLSPIN #72612854)

Price History

Date / Event Date Event Price
Mar 16, 2020 Sold
Premium
Sold
Jan 28, 2020 Listed by Cameron Prestige, LLC $599,900
Listed by Cameron Prestige, LLC
Aug 16, 2019 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1987
  • 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: 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: 280
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 20,020
  • Total Building Area: 1,956
  • Gross Building Area: 1,956
  • Building Area: 1,956
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,956
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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: 3277
  • Parcel: PEAB M:0024 B:0009
  • Block: 9
  • Municipality: PEABODY
  • Latitude: 42.5502
  • Longitude: -71.0099

    Address

  • Full Address: 2 Roosevelt Ave
  • Address - House Number: 2
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C026
  • 4-Digit Zip Code: 2214
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $688,500

    Appraisal Valuation

  • Standard Deviation: 0.1726
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 817,630
  • High Value: 958,864
  • Low Value: 676,395

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $754,900
  • Assessed Land Value: $323,500
  • Assessed Improvements Value: $431,400

    Sales

  • Current Sale Contract Date: Mar 13, 2020
  • Current Sale Recording Date: Mar 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200316003680
  • Previous Sale Recording Date: Aug 16, 2019
  • Previous Sale Contract Date: Aug 15, 2019
  • Previous Sale Amount: $350,000
  • 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 West Peabody

Stats & Trends

Median Asking:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2101 ft²

Average Home Age

53.6 years

Currently For Sale

11 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: 5 months ago
Data Source: MLS PIN, MLS# 72612854

Frequently Asked Questions

When was property at 2 Roosevelt Avenue built and last sold?
The property at 2 Roosevelt Avenue was built in 1979 and last sold on Mar 13, 2020 for $624,000.
How much is this home worth?
The estimated value of the home located at 2 Roosevelt Avenue is $613,054.
What are some comparable homes to 2 Roosevelt Avenue?
There are currently no comparable homes to 2 Roosevelt Avenue.
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