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Peabody 01960 South Peabody
2 Vieira Drive
$605,000
● House - Off Market

2 Vieira Drive

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,310 Ft²
$889,759
RealtyHop Estimate
48.29%
Since Jun 1, 2018
MA-Boston
Primary Model

About This Property

NEW CONSTRUCTION! Boulderwood Subdivision in South Peabody. NEW STREET off Bartholomew St. NOT ON GOOGLE MAPS. 3 Bed 3 Bath, 2 Car Garage,Master Bed w/ walk in Closet and Master Bath. Kitchen w/ Schrock Maple Cabinets and Granite Counter tops, Red Oak Hardwood Floors, Central Air, Close Proximity to Major Routes, Ideal Location for Commuters.
Unit Size
2,310 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$260
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017

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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 #72311529)

Price History

Date / Event Date Event Price
May 23, 2018 Sold
Premium
Sold
Apr 19, 2018 Listed by Solimine Real Estate $600,000
Listed by Solimine Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,102
  • Total Building Area: 2,330
  • Gross Building Area: 2,330
  • Building Area: 2,330
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,330
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • 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

  • Parcel: PEAB M:0119 B:0035
  • Block: 35
  • Municipality: PEABODY
  • Latitude: 42.5035
  • Longitude: -70.9686

    Address

  • Full Address: 2 Vieira Dr
  • Address - House Number: 2
  • Address - Street Name: Vieira
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C008
  • 4-Digit Zip Code: 4568
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $733,200

    Appraisal Valuation

  • Standard Deviation: 0.1726
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 871,177
  • High Value: 1,008,604
  • Low Value: 733,750

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $804,000
  • Assessed Land Value: $297,900
  • Assessed Improvements Value: $506,100

    Sales

  • Current Sale Recording Date: May 23, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180523003280
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

$400

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1909 ft²

Average Home Age

88.1 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72311529

Frequently Asked Questions

When was property at 2 Vieira Drive built and last sold?
The property at 2 Vieira Drive was built in 2017 and last sold on Jan 1, 1970 for $605,000.
How much is this home worth?
The estimated value of the home located at 2 Vieira Drive is $621,223.
What are some comparable homes to 2 Vieira Drive?
There are currently no comparable homes to 2 Vieira Drive.
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