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Peabody 01960 West Peabody
26 Mandalay Drive
$550,000
● House - Off Market

26 Mandalay Drive

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,200 Ft²
$1,090,688
RealtyHop Estimate
89.68%
Since Nov 1, 2013
MA-Boston
Primary Model

About This Property

Impressive Custom Built Colonial w/ an Abundancy of Space and Privacy. Spectacular Lot! Updated and Lovingly Cared For.  4 Bedrooms, 3 1/2 Baths, Family Room w/Fireplace Open to Kitchen, Huge Sunroom, Formal Living Room w/Fireplace & Dining Room w/Wainscoating.   PLUS IN-LAW Potential in the Sun-filled Lower Level w/Fireplaced Family Room, Second Kitchen and Bonus Room.Walkout to Patio Overlooking In-Ground Pool and Professionally Landscaped Yard.  Irrigation, Security
Unit Size
3,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$180
Property Type
House
Property Taxes
$479
HOA Dues
-
Year Built
1976

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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 #71557442)

Price History

Date / Event Date Event Price
Oct 31, 2013 Sold
Premium
Sold
Jul 18, 2013 Listed by Northrup Associates $575,000
Listed by Northrup Associates

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 684
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 40,903
  • Total Building Area: 5,062
  • Gross Building Area: 5,062
  • Building Area: 5,062
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 5,062
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000939
  • 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: 210200

Zoning

  • Zoning: R1

Geography

  • Account Number: 5059
  • Parcel: PEAB M:0044 B:0158
  • Block: 158
  • Municipality: PEABODY
  • Latitude: 42.5399
  • Longitude: -71.0156

    Address

  • Full Address: 26 Mandalay Dr
  • Address - House Number: 26
  • Address - Street Name: Mandalay
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C040
  • 4-Digit Zip Code: 4644
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,370,600

    Appraisal Valuation

  • Standard Deviation: 0.1584
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,002,095
  • High Value: 1,160,971
  • Low Value: 843,219

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,502,800
  • Assessed Land Value: $343,400
  • Assessed Improvements Value: $1,159,400

    Sales

  • Current Sale Recording Date: Oct 31, 2013
  • Current Sale Price:
    Premium
  • Current 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 West Peabody

Stats & Trends

Median Asking:

$739,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2141 ft²

Average Home Age

54.3 years

Currently For Sale

9 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71557442

Frequently Asked Questions

When was property at 26 Mandalay Drive built and last sold?
The property at 26 Mandalay Drive was built in 1976 and last sold on Jan 1, 1970 for $550,000.
How much is this home worth?
The estimated value of the home located at 26 Mandalay Drive is $612,971.
What are some comparable homes to 26 Mandalay Drive?
There are currently no comparable homes to 26 Mandalay Drive.
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