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Peabody 01960 Proctor
24 Nancy Ave
Photo of 24 Nancy Ave
Sold on Sep 25, 2008

1

Map

$270,000
● House - Off Market

24 Nancy Ave

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,214 Ft²
$613,267
RealtyHop Estimate
101.14%
Since Oct 1, 2008
MA-Boston
Primary Model

About This Property

**Multiple offer notification! Please submit highest and best offers no later than 3pm tomorrow 6/24****  Bank Owned!! Super single in nice Peabody neighborhood with in-law apartment in basement! This ranch features six rooms, three bedrooms and a full bath plus an unheated sun room on the first floor. The basement adds an additional bedroom, living room, kitchen and 3/4 bath plus a storage/laundry area. All of this on a large, level lot with plenty of off-street parking. Sold as-is!!
Unit Size
1,214 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$251
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
1958

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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 #70776882)

Price History

Date / Event Date Event Price
Apr 14, 2014 Sold
Premium
Sold
Sep 25, 2008 Sold
Premium
Sold
Jun 12, 2008 Listed $304,900
Listed
Sep 18, 2003 Sold
Premium
Sold
Jul 19, 2003 Listed by Philip A. Mann $354,000
Listed by Philip A. Mann
WEST PEAB ROLLING HILLS FAMILY NEIGHB, 4 BED RANCH IN-LAW SUITE/ FAMILY ROOM --GORGEOUS DECK-10,000 SQ FT LOT FAM RM 1ST FL OFF OF KITCHEN
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Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • 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
  • 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: 3,520
  • Gross Building Area: 3,520
  • Building Area: 3,520
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,520
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOWELL STREET PEABODY MASS
  • 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: 210302

Zoning

  • Zoning: R1B

Geography

  • Account Number: 5527
  • Parcel: PEAB M:0048 B:0139
  • Block: 139
  • Municipality: PEABODY
  • Latitude: 42.5401
  • Longitude: -70.977

    Address

  • Full Address: 24 Nancy Ave
  • Address - House Number: 24
  • Address - Street Name: Nancy
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C022
  • 4-Digit Zip Code: 2527
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $846,900

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 874,153
  • High Value: 1,007,159
  • Low Value: 741,147

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $928,600
  • Assessed Land Value: $297,500
  • Assessed Improvements Value: $631,100

    Sales

  • Current Sale Recording Date: Apr 14, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 41400122
  • Previous Sale Recording Date: Sep 25, 2008
  • Previous Sale Amount: $270,000
  • 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 Proctor

Stats & Trends

Median Asking:

$597,450

Sale Price/ft²

$378

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1764 ft²

Average Home Age

69.9 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# 70776882

Frequently Asked Questions

When was property at 24 Nancy Avenue built and last sold?
The property at 24 Nancy Avenue was built in 1958 and last sold on Jan 1, 1970 for $7,500.
How much is this home worth?
The estimated value of the home located at 24 Nancy Avenue is $314,324.
What are some comparable homes to 24 Nancy Avenue?
There are currently no comparable homes to 24 Nancy Avenue.
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