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Peabody 01960 South Peabody
23 Johnson Ave
$421,000
● House - Off Market

23 Johnson Ave

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$652,578
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Quiet South Peabody location. Lovely updated 3 bedroom expended cape. Hardwood floors and new carpeting. Updated kit. Gas stove and stainless refrigerator. Two full baths, plumbing installed for a 3rd bath. Modern eat in kitchen. Beautiful deck over looking a nicely landscaped yard. Sprinkler system to keep the lawn looking great thru the long hot summer. Central air to keep you cool. . Master bedroom features a very large walk in closet. For your convenience laundry is located on the second level.  This home is in meticulous condition and truly a turn key property. Close to elementary school and public transportation. Restaurant's and shopping close by. Potential to have an additional bedroom on the first floor. Easy to show!
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$273
Property Type
House
Property Taxes
$318
HOA Dues
-
Year Built
1955

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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 #72189412)

Price History

Date / Event Date Event Price
Aug 29, 2017 Sold
Premium
Sold
Jun 26, 2017 Listed by Century 21 Hughes $419,900
Listed by Century 21 Hughes
Jan 31, 2007 Sold
Premium
Sold
Oct 19, 2006 Listed by Century 21 Hughes $359,000
Listed by Century 21 Hughes

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 3,842
  • Total Building Area: 1,536
  • Gross Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000088
  • 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: 210500

Zoning

  • Zoning: R1A

Geography

  • Account Number: 12690
  • Parcel: PEAB M:0102 B:0159
  • Block: 159
  • Municipality: PEABODY
  • Latitude: 42.5146
  • Longitude: -70.9511

    Address

  • Full Address: 23 Johnson Ave
  • Address - House Number: 23
  • Address - Street Name: Johnson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C045
  • 4-Digit Zip Code: 5225
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $498,000

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 641,361
  • High Value: 742,667
  • Low Value: 540,055

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $546,100
  • Assessed Land Value: $211,200
  • Assessed Improvements Value: $334,900

    Sales

  • Current Sale Recording Date: Aug 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 489
  • Previous Sale Recording Date: Jan 31, 2007
  • Previous Sale Amount: $342,000
  • 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

$405

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2161 ft²

Average Home Age

75.1 years

Currently For Sale

16 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: 4 months ago
Data Source: MLS PIN, MLS# 72189412

Frequently Asked Questions

When was property at 23 Johnson Avenue built and last sold?
The property at 23 Johnson Avenue was built in 1955 and last sold on Jan 1, 1970 for $421,000.
How much is this home worth?
The estimated value of the home located at 23 Johnson Avenue is $431,818.
What are some comparable homes to 23 Johnson Avenue?
There are currently no comparable homes to 23 Johnson Avenue.
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