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Peabody 01960 South Peabody
24 Griffin Rd
$369,000
● House - Off Market

24 Griffin Rd

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$615,987
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

Pull right up into your garage.  Grill and have friends over on the deck.  Have your kids or dogs escape in your fenced in private backyard.  The wait is over.  Come see what all the hype is about when you step foot into this Gorgeous 3 + Bedroom home.  This property is located in a Fantastic neighborhood.  Features and upgrades include New windows, Vinyl siding, sparkling hardwood floors, bathroom and a smoking kitchen with S/S appliances and granite countertops.  The home has Central AC, Sprinkler system, new doors and was painted throughout.  Don't miss this opportunity.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$321
Property Type
House
Property Taxes
$250
HOA Dues
-
Year Built
1946

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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 #72001644)

Price History

Date / Event Date Event Price
Sep 26, 2016 Sold
Premium
Sold
May 9, 2016 Listed by Coldwell Banker Residential Brokerage - Milton - Adams St. $369,900
Listed by Coldwell Banker Residential Brokerage - Milton - Adams St.
Jan 12, 2016 Sold
Premium
Sold
Apr 3, 2015 Listed by Coldwell Banker Residential Brokerage - Milton - Adams St. $219,900
Listed by Coldwell Banker Residential Brokerage - Milton - Adams St.
Jun 6, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROCKDALE PARK DEV
  • Land Acres: 0000000138
  • 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: 15003
  • Parcel: PEAB M:0116 B:0201
  • Block: 201
  • Municipality: PEABODY
  • Latitude: 42.5071
  • Longitude: -70.9469

    Address

  • Full Address: 24 Griffin Rd
  • Address - House Number: 24
  • Address - Street Name: Griffin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C003
  • 4-Digit Zip Code: 6404
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $454,800

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 635,239
  • High Value: 740,067
  • Low Value: 530,412

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $498,700
  • Assessed Land Value: $227,600
  • Assessed Improvements Value: $271,100

    Sales

  • Current Sale Recording Date: Sep 26, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 655
  • Previous Sale Recording Date: Jan 12, 2016
  • Previous Sale Contract Date: Jan 07, 2016
  • Previous Sale Amount: $229,000
  • 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 South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$405

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2112 ft²

Average Home Age

75.5 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72001644

Frequently Asked Questions

When was property at 24 Griffin Road built and last sold?
The property at 24 Griffin Road was built in 1946 and last sold on Jan 1, 1970 for $367,500.
How much is this home worth?
The estimated value of the home located at 24 Griffin Road is $374,659.
What are some comparable homes to 24 Griffin Road?
There are currently no comparable homes to 24 Griffin Road.
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