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Peabody 01960 South Peabody
24 May Street
Photo of 24 May Street
Sold on Feb 29, 2008

1

Map

$391,000
● House - Off Market

24 May Street

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,874 Ft²
$787,449
RealtyHop Estimate
101.96%
Since Mar 1, 2008
MA-Boston
Primary Model

About This Property

Inviting colonial with cathedral ceilings, on dead end street, with skylights and an inviting kitchen to entertain in! You won't believe the gorgeous master bedroom with full bath and sitting area. Sunroom overlooks a nice yard with gazebo and golf course! Lower level has a full in-law and game room. Trusly a must see!
Unit Size
1,874 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$208
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1971

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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: 5 months ago (MLSPIN #70682673)

Price History

Date / Event Date Event Price
Mar 3, 2008 Sold
Premium
Sold
Nov 29, 2007 Listed $389,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 534
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,582
  • Total Building Area: 1,874
  • Gross Building Area: 1,874
  • Building Area: 1,874
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,874
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000151
  • 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: R1

Geography

  • Account Number: 12866
  • Parcel: PEAB M:0103 B:0003
  • Block: 3
  • Municipality: PEABODY
  • Latitude: 42.515
  • Longitude: -70.9406

    Address

  • Full Address: 24 May St
  • Address - House Number: 24
  • Address - Street Name: May
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C049
  • 4-Digit Zip Code: 5847
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $579,600

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 727,108
  • High Value: 850,114
  • Low Value: 604,101

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $635,500
  • Assessed Land Value: $232,000
  • Assessed Improvements Value: $403,500

    Sales

  • Current Sale Recording Date: Mar 03, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 82139
  • Previous Sale Recording Date: Mar 03, 2008
  • Previous Sale Amount: $391,000
  • Previous Sale Document Type: 48
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

$400

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1909 ft²

Average Home Age

88.1 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# 70682673

Frequently Asked Questions

When was property at 24 May Street built and last sold?
The property at 24 May Street was built in 1971 and last sold on Jan 1, 1970 for $391,000.
How much is this home worth?
The estimated value of the home located at 24 May Street is $411,565.
What are some comparable homes to 24 May Street?
There are currently no comparable homes to 24 May Street.
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