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Peabody 01960 Proctor
24 Sheffield Drive
$434,900
● House - Off Market

24 Sheffield Drive

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,328 Ft²
$641,717
RealtyHop Estimate
47.55%
Since Mar 1, 2019
MA-Boston
Primary Model

About This Property

GREAT OPPORTUNITY!  GREAT LOCATION and GREAT LOT SIZE for this GREAT HOME!!!  Minutes to route 128, This three bedroom split entry offers newly finished hardwood oak floors, very nice open floor plan with sliders to a large rear deck off the kitchen, updated fully applianced kitchen, one and 3/4 bath, finished fire placed family room and laundry room in the basement  and one car attached garage.   The 8,000+ square foot lot offers a country setting.....this is a home for personal enjoyment and entertaining.  Don't miss out !!
Unit Size
1,328 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$327
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1977

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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 #72414970)

Price History

Date / Event Date Event Price
Feb 8, 2019 Sold
Premium
Sold
Oct 24, 2018 Listed by Highland Real Estate $434,900
Listed by Highland Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 450
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,159
  • Total Building Area: 1,328
  • Gross Building Area: 1,328
  • Building Area: 1,328
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,328
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000187
  • 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: 210401

Zoning

  • Zoning: R1A

Geography

  • Account Number: 4795
  • Parcel: PEAB M:0040 B:0061
  • Block: 61
  • Municipality: PEABODY
  • Latitude: 42.5439
  • Longitude: -70.9334

    Address

  • Full Address: 24 Sheffield Dr
  • Address - House Number: 24
  • Address - Street Name: Sheffield
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C038
  • 4-Digit Zip Code: 1711
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $499,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1586
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 635,496
  • High Value: 745,747
  • Low Value: 525,245

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $547,500
  • Assessed Land Value: $242,900
  • Assessed Improvements Value: $304,600

    Sales

  • Current Sale Contract Date: Jan 17, 2019
  • Current Sale Recording Date: Feb 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190208001650
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:

$589,000

Sale Price/ft²

$380

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1778 ft²

Average Home Age

67.2 years

Currently For Sale

22 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72414970

Frequently Asked Questions

When was property at 24 Sheffield Drive built and last sold?
The property at 24 Sheffield Drive was built in 1977 and last sold on Jan 17, 2019 for $434,900.
How much is this home worth?
The estimated value of the home located at 24 Sheffield Drive is $444,282.
What are some comparable homes to 24 Sheffield Drive?
There are currently no comparable homes to 24 Sheffield Drive.
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