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Peabody 01960 West Peabody
20 Hamilton Rd
$565,000
● House - Off Market

20 Hamilton Rd

Peabody, MA 01960
bedrooms
6 Beds
bathrooms
3 Baths
square feet
3,240 Ft²
$917,216
RealtyHop Estimate
66.80%
Since Aug 1, 2016
MA-Boston
Primary Model

About This Property

BRING THE WHOLE FAMILY! This oversized split level home offers 7 bedrooms and 3 full bathrooms including a huge IN-LAW apartment! Upgrades include an in-ground heated pool, two separate laundry hookups (1 on each level), hardwood floors, brand-new granite in main level kitchen, beautiful sunroom with beamed ceilings and access to an outdoor deck. The master bedroom offers a master bath as well as private access to an additional deck.  The In law apartment has been FULLY redone with brand-new kitchen, huge bedroom, recessed lighting, an office, and more! This one will not last! Located in the heart of West Peabody along tree-lined streets and a quiet neighborhood, this could be your new home!
Unit Size
3,240 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$170
Property Type
House
Property Taxes
$462
HOA Dues
-
Year Built
1960

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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: 4 months ago (MLSPIN #72007670)

Price History

Date / Event Date Event Price
Jul 22, 2016 Sold
Premium
Sold
May 18, 2016 Listed by Coldwell Banker Residential Brokerage - Lynnfield $549,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield
Mar 23, 2007 Sold
Premium
Sold
Jan 16, 2007 Listed by Coldwell Banker Residential Brokerage - Lynnfield $459,000
Listed by Coldwell Banker Residential Brokerage - Lynnfield

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 7
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 592
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 17,598
  • Total Building Area: 2,450
  • Gross Building Area: 2,450
  • Building Area: 2,450
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,450
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000404
  • 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: 1592
  • Parcel: PEAB M:0008 B:0109
  • Block: 109
  • Municipality: PEABODY
  • Latitude: 42.5605
  • Longitude: -71.0205

    Address

  • Full Address: 20 Hamilton Rd
  • Address - House Number: 20
  • Address - Street Name: Hamilton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C036
  • 4-Digit Zip Code: 2131
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $700,100

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 850,454
  • High Value: 984,787
  • Low Value: 716,121

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $767,700
  • Assessed Land Value: $321,200
  • Assessed Improvements Value: $446,500

    Sales

  • Current Sale Recording Date: Jul 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 168
  • Previous Sale Recording Date: Mar 23, 2007
  • Previous Sale Amount: $450,000
  • 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:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2537 ft²

Average Home Age

48.3 years

Currently For Sale

7 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# 72007670

Frequently Asked Questions

When was property at 20 Hamilton Road built and last sold?
The property at 20 Hamilton Road was built in 1960 and last sold on Jan 1, 1970 for $565,000.
How much is this home worth?
The estimated value of the home located at 20 Hamilton Road is $556,047.
What are some comparable homes to 20 Hamilton Road?
There are currently no comparable homes to 20 Hamilton Road.
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