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Peabody 01960 Proctor
22 Edythe Lane
$279,000
● House - Off Market

22 Edythe Lane

Peabody, MA 01960
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,924 Ft²
$593,466
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model

About This Property

Rolling Hills - Split/Multi-Level 5-bedroom, 2.5-bath home - near shopping, bike/walking path, major highways, schools and restaurants.  Current owners are the originals - since 1956!  The list price reflects the amount of work needed to turn this into a fantastic property once again.  Location is great, has lovely level lot, would be ideal for either a contractor or a handyman.  There is gas on the street, lots of closets and plenty of storage.  There will be no open houses.  Offers, if any, will be presented on Saturday, 9/6, at 6 PM.
Unit Size
1,924 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$169
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
1956

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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 #71736368)

Price History

Date / Event Date Event Price
Oct 30, 2014 Sold
Premium
Sold
Sep 2, 2014 Listed by Century 21 North Shore $324,900
Listed by Century 21 North Shore

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 468
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,924
  • Gross Building Area: 1,924
  • Building Area: 1,924
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,924
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: R1

Geography

  • Account Number: 5560
  • Parcel: PEAB M:0048 B:0172
  • Block: 172
  • Municipality: PEABODY
  • Latitude: 42.5396
  • Longitude: -70.9778

    Address

  • Full Address: 22 Edythe Ln
  • Address - House Number: 22
  • Address - Street Name: Edythe
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Peabody
  • Carrier Code: C022
  • 4-Digit Zip Code: 2518
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $537,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 684,061
  • High Value: 806,150
  • Low Value: 561,971

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $589,100
  • Assessed Land Value: $297,500
  • Assessed Improvements Value: $291,600

    Sales

  • Current Sale Recording Date: Oct 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 103000489
  • Previous Sale Recording Date: Oct 29, 2014
  • Previous Sale Amount: $279,000
  • Previous Sale Document Type: O
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:

$599,999

Sale Price/ft²

$375

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1716 ft²

Average Home Age

70.7 years

Currently For Sale

18 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# 71736368

Frequently Asked Questions

When was property at 22 Edythe Lane built and last sold?
The property at 22 Edythe Lane was built in 1956 and last sold on Jan 1, 1970 for $307,000.
How much is this home worth?
The estimated value of the home located at 22 Edythe Lane is $324,440.
What are some comparable homes to 22 Edythe Lane?
There are currently no comparable homes to 22 Edythe Lane.
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