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Peabody 01960 South Peabody
22 Sunset Drive
Photo of 22 Sunset Drive
Sold on Jul 13, 2011

1

Map

$320,000
● House - Off Market

22 Sunset Drive

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,512 Ft²
$720,019
RealtyHop Estimate
105.78%
Since Aug 1, 2011
MA-Boston
Primary Model

About This Property

Impeccably maintained 4-bedroom, 2 full bath Cape with gorgeous 3-season sunroom off the kitchen, leading to a large deck, overlooking a private fenced-in yard with an above-ground pool and 3 storage sheds!  2005 furnace, 1997 replacement windows, 2004 roof, 2009 sunroom roof, 2005 above-ground pool.  Second floor has front-to-back master bedroom with top-of-the-line Berber carpeting, a full bath and another large bedroom with plenty of closets.  Beautiful tree-lined street!
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$231
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1951

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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: 5 months ago (MLSPIN #71225910)

Price History

Date / Event Date Event Price
Jul 13, 2011 Sold
Premium
Sold
May 3, 2011 Listed by MACK Realty Group $349,900
Listed by MACK Realty Group
Oct 14, 1987 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 10,001
  • Total Building Area: 1,512
  • Gross Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 3

    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: 210600

Zoning

  • Zoning: R1A

Geography

  • Account Number: 15349
  • Parcel: PEAB M:0121 B:0087
  • Block: 87
  • Municipality: PEABODY
  • Latitude: 42.5022
  • Longitude: -70.9488

    Address

  • Full Address: 22 Sunset Dr
  • Address - House Number: 22
  • Address - Street Name: Sunset
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C015
  • 4-Digit Zip Code: 6610
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $540,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 677,655
  • High Value: 792,296
  • Low Value: 563,015

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $592,300
  • Assessed Land Value: $244,500
  • Assessed Improvements Value: $347,800

    Sales

  • Current Sale Recording Date: Jul 13, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 14, 1987
  • Previous Sale Amount: $48,022
  • 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 South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$403

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2244 ft²

Average Home Age

71 years

Currently For Sale

13 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: 5 months ago
Data Source: MLS PIN, MLS# 71225910

Frequently Asked Questions

When was property at 22 Sunset Drive built and last sold?
The property at 22 Sunset Drive was built in 1951 and last sold on Jan 1, 1970 for $320,000.
How much is this home worth?
The estimated value of the home located at 22 Sunset Drive is $361,307.
What are some comparable homes to 22 Sunset Drive?
There are currently no comparable homes to 22 Sunset Drive.
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