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Peabody 01960 West Peabody
2 Samoset Road
$395,000
● House - Off Market

2 Samoset Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,174 Ft²
$747,321
RealtyHop Estimate
82.32%
Since Oct 1, 2014
MA-Boston
Primary Model

About This Property

Lovely, sun filled, full basement Ranch with bonus Master Suite addition. This terrific neighborhood is just steps from the heavily sought after West Memorial School and  features many updates including an open floor plan with the eat-in-kitchen overlooking both the living room with center fireplace and oversize family room with walk-in-pantry and dining area. A hallway leads to 2 bedrooms which can be converted back to 3 with an updated full bath. The Master Suite boasts soaring cathedral ceilings, 2 spacious closets and a spa-like bathroom with separate shower. Entertain year round from the kitchen slider that leads to a deck for extended enjoyment and views of the above ground pool with additional deck.
Unit Size
2,174 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$189
Property Type
House
Property Taxes
$368
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: 6 months ago (MLSPIN #71700526)

Price History

Date / Event Date Event Price
Sep 26, 2014 Sold
Premium
Sold
Jun 18, 2014 Listed by Northrup Associates $409,900
Listed by Northrup Associates
Sep 29, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,185
  • Total Building Area: 2,174
  • Gross Building Area: 2,174
  • Building Area: 2,174
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,174
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000349
  • 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: 3218
  • Parcel: PEAB M:0023 B:0091
  • Block: 91
  • Municipality: PEABODY
  • Latitude: 42.5491
  • Longitude: -71.0175

    Address

  • Full Address: 2 Samoset Rd
  • Address - House Number: 2
  • Address - Street Name: Samoset
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C037
  • 4-Digit Zip Code: 3565
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $628,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1726
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 783,457
  • High Value: 918,788
  • Low Value: 648,125

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $689,500
  • Assessed Land Value: $318,900
  • Assessed Improvements Value: $370,600

    Sales

  • Current Sale Recording Date: Sep 26, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 92600039
  • Previous Sale Recording Date: Sep 29, 1994
  • Previous Sale Amount: $165,000
  • 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:

$739,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2106 ft²

Average Home Age

54 years

Currently For Sale

9 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# 71700526

Frequently Asked Questions

When was property at 2 Samoset Road built and last sold?
The property at 2 Samoset Road was built in 1959 and last sold on Jan 1, 1970 for $395,000.
How much is this home worth?
The estimated value of the home located at 2 Samoset Road is $432,810.
What are some comparable homes to 2 Samoset Road?
There are currently no comparable homes to 2 Samoset Road.
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