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Peabody 01960 West Peabody
23 Worcester Rd.
$465,000
● House - Off Market

23 Worcester Rd.

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,718 Ft²
$764,682
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

Expanded 4 bedroom 2.5 bath Split Level Home in West Peabody.  Perfect for the extended family with a completely finished lower level.  Master bedroom and kitchen additions with full foundation give this home the desirable extra space.  Main level offers 4 bedrooms with 2 full baths including master, expanded kitchen, hardwood floors, and central air.  The lower level is currently set up as a family room and entertaining space with fireplace and a half bath.  Some of the features include 2 car garage with interior access, vinyl siding, 6 year old roof, and gunite swimming pool in need of TLC (see disclosures).
Unit Size
2,718 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$169
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1963

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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 #72027848)

Price History

Date / Event Date Event Price
Aug 31, 2016 Sold
Premium
Sold
Jun 23, 2016 Listed by Keller Williams Realty Evolution $459,000
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • 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: 312
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 2,718
  • Gross Building Area: 2,718
  • Building Area: 2,718
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,718
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 1820
  • Parcel: PEAB M:0009 B:0147
  • Block: 147
  • Municipality: PEABODY
  • Latitude: 42.558
  • Longitude: -71.0177

    Address

  • Full Address: 23 Worcester Rd
  • Address - House Number: 23
  • Address - Street Name: Worcester
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C036
  • 4-Digit Zip Code: 2138
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $642,900

    Appraisal Valuation

  • Standard Deviation: 0.1586
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 826,910
  • High Value: 970,369
  • Low Value: 683,452

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $704,900
  • Assessed Land Value: $318,800
  • Assessed Improvements Value: $386,100

    Sales

  • Current Sale Contract Date: Aug 31, 2016
  • Current Sale Recording Date: Aug 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 574814
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:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2537 ft²

Average Home Age

48.3 years

Currently For Sale

7 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: 4 months ago
Data Source: MLS PIN, MLS# 72027848

Frequently Asked Questions

When was property at 23 Worcester Road built and last sold?
The property at 23 Worcester Road was built in 1963 and last sold on Aug 31, 2016 for $465,000.
How much is this home worth?
The estimated value of the home located at 23 Worcester Road is $488,641.
What are some comparable homes to 23 Worcester Road?
There are currently no comparable homes to 23 Worcester Road.
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