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Peabody 01960 Proctor
21 Martha Terrace
$305,000
● House - Off Market

21 Martha Terrace

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,134 Ft²
$599,762
RealtyHop Estimate
84.60%
Since Jan 1, 2005
MA-Boston
Primary Model

About This Property

This is an unpolished gem. Above ground pool, fireplace,  have not been used. Air needs wiring. Quiet  street. Map-Quest directions are wrong.
Unit Size
1,134 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$287
Property Type
House
Property Taxes
$228
HOA Dues
-
Year Built
1956

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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 #70114850)

Price History

Date / Event Date Event Price
May 24, 2018 Sold
Premium
Sold
Mar 28, 2018 Listed by Century 21 N. Shore $475,000
Listed by Century 21 N. Shore
Dec 30, 2004 Sold
Premium
Sold
Nov 1, 2004 Listed by Century 21 N. Shore $324,900
Listed by Century 21 N. Shore

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,517
  • Total Building Area: 1,634
  • Gross Building Area: 1,634
  • Building Area: 1,634
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,634
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000150
  • 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: 210402

Zoning

  • Zoning: R1A

Geography

  • Account Number: 8779
  • Parcel: PEAB M:0073 B:0289
  • Block: 289
  • Municipality: PEABODY
  • Latitude: 42.5301
  • Longitude: -70.943

    Address

  • Full Address: 21 Martha Ter
  • Address - House Number: 21
  • Address - Street Name: Martha
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Peabody
  • Carrier Code: C044
  • 4-Digit Zip Code: 4247
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $526,900

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 668,854
  • High Value: 784,892
  • Low Value: 552,816

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $577,700
  • Assessed Land Value: $231,600
  • Assessed Improvements Value: $346,100

    Sales

  • Current Sale Recording Date: May 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180524002380
  • Previous Sale Recording Date: Dec 30, 2004
  • Previous Sale Amount: $305,000
  • 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:

$595,000

Sale Price/ft²

$380

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1774 ft²

Average Home Age

67.4 years

Currently For Sale

20 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70114850

Frequently Asked Questions

When was property at 21 Martha Terrace built and last sold?
The property at 21 Martha Terrace was built in 1956 and last sold on Jan 1, 1970 for $465,000.
How much is this home worth?
The estimated value of the home located at 21 Martha Terrace is $485,307.
What are some comparable homes to 21 Martha Terrace?
There are currently no comparable homes to 21 Martha Terrace.
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