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Peabody 01960 South Peabody
20 Arnold Road
$420,000
● House - Off Market

20 Arnold Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,344 Ft²
$490,195
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Take advantage of the low interest rates. This charming three-bedroom cape is perfect for entry-level buyers. Full shed dormered cape has plenty of room for the growing family. Hardwood flooring under w/w carpeting on first floor. Condition of flooring is unknown. Eat-in kitchen, sunroom off the kitchen, 3-4 bedrooms and 1.5 baths. Roof approx 15 yrs, Heat & oil tank approx 10 yrs,  150amp electrical service. Great location in quiet So. Peabody  neighborhood.  Close to grammar school, library, walking path, highways and shopping malls. This home needs work/updating but well worth the effort. Mask and gloves required for all showings. Appointments required  Showing Mon 4-6PM. Offers due by 12pm Tues 7-28. Allow 24 hrs for response.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$279
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 months ago (MLSPIN #72697724)

Price History

Date / Event Date Event Price
Sep 11, 2020 Sold
Premium
Sold
Jul 24, 2020 Listed by J. Barrett & Company $374,900
Listed by J. Barrett & Company

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 7,296
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000167
  • 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: R1A

Geography

  • Account Number: 13874
  • Parcel: PEAB M:0108 B:0295
  • Block: 295
  • Municipality: PEABODY
  • Latitude: 42.5129
  • Longitude: -70.9529

    Address

  • Full Address: 20 Arnold Rd
  • Address - House Number: 20
  • Address - Street Name: Arnold
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C061
  • 4-Digit Zip Code: 5204
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $447,200

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 605,719
  • High Value: 717,348
  • Low Value: 494,089

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $490,400
  • Assessed Land Value: $237,500
  • Assessed Improvements Value: $252,900

    Sales

  • Current Sale Contract Date: Sep 03, 2020
  • Current Sale Recording Date: Sep 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200911002840
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

$405

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2161 ft²

Average Home Age

75.1 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 months ago
Data Source: MLS PIN, MLS# 72697724

Frequently Asked Questions

When was property at 20 Arnold Road built and last sold?
The property at 20 Arnold Road was built in 1952 and last sold on Sep 3, 2020 for $420,000.
How much is this home worth?
The estimated value of the home located at 20 Arnold Road is $389,672.
What are some comparable homes to 20 Arnold Road?
There are currently no comparable homes to 20 Arnold Road.
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