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Peabody 01960 Proctor
20 Downing Rd.
$314,000
● House - Off Market

20 Downing Rd.

Peabody, MA 01960
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$562,504
RealtyHop Estimate
81.51%
Since Jul 1, 2014
MA-Boston
Primary Model

About This Property

CENTERFIELD - Awesome neighborhood!   Lovely full basement ranch with beautiful, large level yard. Hardwood floors, newer windows, newer heating system. Completely fenced in yard, easy access to bike path and highways. Easy conversion to 3 bedroom possible. Bright fireplaced living room, sliding glass door in dining room opens to  14 X 16 deck overlooking above ground pool. Plenty of room in the basement for expansion.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$258
Property Type
House
Property Taxes
$279
HOA Dues
-
Year Built
1963

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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 #71666931)

Price History

Date / Event Date Event Price
Jun 27, 2014 Sold
Premium
Sold
Apr 22, 2014 Listed by RE/MAX Leading Edge $309,900
Listed by RE/MAX Leading Edge
Aug 21, 2002 Sold
Premium
Sold
Jun 21, 2002 Listed by RE/MAX Leading Edge $329,900
Listed by RE/MAX Leading Edge

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 576
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,504
  • Gross Building Area: 1,504
  • Building Area: 1,504
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,504
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGEFIELD
  • Land Acres: 0000000230
  • 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: 210302

Zoning

  • Zoning: R1B

Geography

  • Account Number: 6879
  • Parcel: PEAB M:0061 B:0069
  • Block: 69
  • Municipality: PEABODY
  • Latitude: 42.5347
  • Longitude: -70.9603

    Address

  • Full Address: 20 Downing Rd
  • Address - House Number: 20
  • Address - Street Name: Downing
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C048
  • 4-Digit Zip Code: 2702
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $554,100

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 672,840
  • High Value: 792,927
  • Low Value: 552,753

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $607,600
  • Assessed Land Value: $297,500
  • Assessed Improvements Value: $310,100

    Sales

  • Current Sale Recording Date: Jun 27, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 62700900
  • Previous Sale Recording Date: Aug 21, 2002
  • Previous Sale Amount: $321,000
  • 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 Proctor

Stats & Trends

Median Asking:

$604,450

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1885 ft²

Average Home Age

78.7 years

Currently For Sale

12 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: 4 months ago
Data Source: MLS PIN, MLS# 71666931

Frequently Asked Questions

When was property at 20 Downing Road built and last sold?
The property at 20 Downing Road was built in 1963 and last sold on Jan 1, 1970 for $314,000.
How much is this home worth?
The estimated value of the home located at 20 Downing Road is $320,260.
What are some comparable homes to 20 Downing Road?
There are currently no comparable homes to 20 Downing Road.
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