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Peabody 01960 South Peabody
21 Cedar Grove Avenue
$347,000
● House - Off Market

21 Cedar Grove Avenue

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,296 Ft²
$609,304
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Move right into this 6 room, 4 bedroom Cape style home.  The main level offers living room with fireplace, eat in kitchen, two bedrooms, new bath.  Upper level offers two good size bedrooms. Heated room in basement could be used as a future family room.  Updates include heating system (2010), electric, newer roof (2013), windows (2012) . security system, level, fenced in yard with tiled patio area. Great location, quite neighborhood.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$270
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1951

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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: 6 months ago (MLSPIN #71833709)

Price History

Date / Event Date Event Price
Jun 24, 2015 Sold
Premium
Sold
May 11, 2015 Listed by Carpenito Real Estate, Inc. $349,900
Listed by Carpenito Real Estate, Inc.
Aug 13, 2010 Sold
Premium
Sold
Mar 7, 2010 Listed by Carpenito Real Estate, Inc. $269,900
Listed by Carpenito Real Estate, Inc.

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 5,998
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 210600

Zoning

  • Zoning: R1A

Geography

  • Account Number: 14187
  • Parcel: PEAB M:0109 B:0199
  • Block: 199
  • Municipality: PEABODY
  • Latitude: 42.5122
  • Longitude: -70.9442

    Address

  • Full Address: 21 Cedar Grove Ave
  • Address - House Number: 21
  • Address - Street Name: Cedar Grove
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C049
  • 4-Digit Zip Code: 5707
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $451,100

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 590,336
  • High Value: 683,582
  • Low Value: 497,090

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $494,600
  • Assessed Land Value: $227,600
  • Assessed Improvements Value: $267,000

    Sales

  • Current Sale Recording Date: Jun 24, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 67
  • Previous Sale Recording Date: Aug 13, 2010
  • Previous Sale Amount: $255,000
  • 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 South Peabody

Stats & Trends

Median Asking:

$662,000

Sale Price/ft²

$394

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1588 ft²

Average Home Age

94.9 years

Currently For Sale

14 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# 71833709

Frequently Asked Questions

When was property at 21 Cedar Grove Avenue built and last sold?
The property at 21 Cedar Grove Avenue was built in 1951 and last sold on Jan 1, 1970 for $347,000.
How much is this home worth?
The estimated value of the home located at 21 Cedar Grove Avenue is $361,817.
What are some comparable homes to 21 Cedar Grove Avenue?
There are currently no comparable homes to 21 Cedar Grove Avenue.
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