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Peabody 01960 West Peabody
22 Hamilton Road
$425,000
● House - Off Market

22 Hamilton Road

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,876 Ft²
$636,392
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

This highly sought after West Peabody neighborhood presents the opportunity you've been waiting for. This four bedroom one bath Campanelli slab ranch sits upon a flat tree lined corner lot. One floor easy living offers today's buyer numerous possibilities with Vinyl siding and five year old roof.  The large floor plan offers an oversized living/dining room with fireplace and opens to kitchen and formal living room.  Large Master bedroom has sliders to back patio.  Three additional bedrooms all with ample closet space, and additional open room provides sought after office/work space. Enjoy the convenience of an attached one car garage and plenty of parking in oversized driveway. With some updating and vision this property will shine again. Roll up your sleeves and make it your own.
Unit Size
1,876 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$229
Property Type
House
Property Taxes
$352
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: 5 months ago (MLSPIN #72372429)

Price History

Date / Event Date Event Price
Aug 31, 2018 Sold
Premium
Sold
Aug 2, 2018 Listed by Coldwell Banker Residential Brokerage - Lynnfield $429,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,001
  • Total Building Area: 1,876
  • Gross Building Area: 1,876
  • Building Area: 1,876
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,876
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • 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: 1593
  • Parcel: PEAB M:0008 B:0110
  • Block: 110
  • Municipality: PEABODY
  • Latitude: 42.5603
  • Longitude: -71.0202

    Address

  • Full Address: 22 Hamilton Rd
  • Address - House Number: 22
  • 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: $527,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 702,447
  • High Value: 813,402
  • Low Value: 591,493

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $578,600
  • Assessed Land Value: $320,700
  • Assessed Improvements Value: $257,900

    Sales

  • Current Sale Recording Date: Aug 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180831005010
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:

$735,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2335 ft²

Average Home Age

51.8 years

Currently For Sale

9 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: 5 months ago
Data Source: MLS PIN, MLS# 72372429

Frequently Asked Questions

When was property at 22 Hamilton Road built and last sold?
The property at 22 Hamilton Road was built in 1960 and last sold on Jan 1, 1970 for $425,000.
How much is this home worth?
The estimated value of the home located at 22 Hamilton Road is $449,070.
What are some comparable homes to 22 Hamilton Road?
There are currently no comparable homes to 22 Hamilton Road.
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