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Peabody 01960 Proctor
21 Sheffield Dr
$625,000
● House - Off Market

21 Sheffield Dr

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$595,664
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

Nicely updated, spotless home in a great commuter location. This house has a sunroom, large open eat in kitchen, dining/living room, 3 bedrooms, 1 full bathroom redone with marble and a large deck on the main level. All floors are beautiful hardwood and tile. The basement has a finished bonus room with multiple closets for storage. Under the back deck there is a screen room for you to entertain or enjoy. The fully fenced backyard and the front yard are radiant with professional landscaping, hardscaping and has many flower and vegetable gardens. There are so many details to this home that you will love from the brick work to the storage areas. This home is move in ready. Showings begin at Open Houses 7/15 from 12-2pm and 7/16 from 12-2.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$577
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1975

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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 #73135244)

Price History

Date / Event Date Event Price
Aug 22, 2023 Sold
Premium
Sold
Jul 18, 2023 In contract -
In contract
Jul 12, 2023 Listed by RE/MAX Innovative Properties $599,999
Listed by RE/MAX Innovative Properties
Aug 9, 2004 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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
  • 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: 6,007
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,040
  • 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: 210401

Zoning

  • Zoning: R1A

Geography

  • Account Number: 4814
  • Parcel: PEAB M:0040 B:0080
  • Block: 80
  • Municipality: PEABODY
  • Latitude: 42.5434
  • Longitude: -70.9332

    Address

  • Full Address: 21 Sheffield Dr
  • Address - House Number: 21
  • Address - Street Name: Sheffield
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C038
  • 4-Digit Zip Code: 1710
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $451,200

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 563,329
  • High Value: 663,871
  • Low Value: 462,787

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $494,700
  • Assessed Land Value: $227,700
  • Assessed Improvements Value: $267,000

    Sales

  • Current Sale Contract Date: Aug 22, 2023
  • Current Sale Recording Date: Aug 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230822001240
  • Previous Sale Recording Date: Aug 09, 2004
  • Previous Sale Amount: $317,900
  • 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:

$609,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1918 ft²

Average Home Age

80.9 years

Currently For Sale

11 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73135244

Frequently Asked Questions

When was property at 21 Sheffield Drive built and last sold?
The property at 21 Sheffield Drive was built in 1975 and last sold on Aug 22, 2023 for $625,000.
How much is this home worth?
The estimated value of the home located at 21 Sheffield Drive is $597,915.
What are some comparable homes to 21 Sheffield Drive?
There are currently no comparable homes to 21 Sheffield Drive.
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