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Peabody 01960 Peabody Town Center
22 Lenox Rd
$460,000
● House - Off Market

22 Lenox Rd

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,248 Ft²
$657,837
RealtyHop Estimate
43.04%
Since Feb 1, 2020
MA-Boston
Primary Model

About This Property

Conveniently located home in pristine condition in the highly sought-after Gardner Park neighborhood with a quick walk to Bishop Fenwick and easy access to Rtes. 95, 1 and 128.  This house offers:  hardwood floors, fresh paint, recessed lighting and crown molding throughout.  Recent updates include: furnace, windows, plumbing, electrical service, updated kitchen and bathrooms.  This house needs nothing!!! Move right In and enjoy the new composite deck and stone patios surrounded by lush landscaping with beautiful year round greenery and mature trees topped off with a new irrigation system. PLEASE NOTE:  Google street view is 5 years old
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$369
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1925

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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: 4 months ago (MLSPIN #72590902)

Price History

Date / Event Date Event Price
Jan 13, 2020 Sold
Premium
Sold
Nov 10, 2019 Listed by Venice Real Estate, LLC $459,900
Listed by Venice Real Estate, LLC
Apr 17, 2014 Sold
Premium
Sold
Feb 12, 2014 Listed by Venice Real Estate, LLC $259,000
Listed by Venice Real Estate, LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 5,001
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GARDNER PARK SEC A
  • Land Acres: 0000000115
  • 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: 210900

Zoning

  • Zoning: R1A

Geography

  • Account Number: 7805
  • Parcel: PEAB M:0065 B:0167
  • Block: 167
  • Municipality: PEABODY
  • Latitude: 42.5374
  • Longitude: -70.9206

    Address

  • Full Address: 22 Lenox Rd
  • Address - House Number: 22
  • Address - Street Name: Lenox
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C012
  • 4-Digit Zip Code: 1817
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $443,800

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 607,290
  • High Value: 715,678
  • Low Value: 498,902

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $486,600
  • Assessed Land Value: $220,000
  • Assessed Improvements Value: $266,600

    Sales

  • Current Sale Contract Date: Jan 13, 2020
  • Current Sale Recording Date: Jan 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200113002720
  • Previous Sale Recording Date: Apr 17, 2014
  • Previous Sale Amount: $280,000
  • 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 Peabody Town Center

Stats & Trends

Median Asking:

$590,750

Sale Price/ft²

$386

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1686 ft²

Average Home Age

81.4 years

Currently For Sale

15 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# 72590902

Frequently Asked Questions

When was property at 22 Lenox Road built and last sold?
The property at 22 Lenox Road was built in 1925 and last sold on Jan 13, 2020 for $460,000.
How much is this home worth?
The estimated value of the home located at 22 Lenox Road is $462,881.
What are some comparable homes to 22 Lenox Road?
There are currently no comparable homes to 22 Lenox Road.
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