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Peabody 01960 Peabody Town Center
26 Nickerson Road
$350,000
● House - Off Market

26 Nickerson Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,962 Ft²
$481,937
RealtyHop Estimate
38.09%
Since Jun 1, 2020
MA-Boston
Primary Model

About This Property

Contracters check this out. Welcome home to the great Gardner Park home that offers lots of space for the whole family. Offering 1962 sq feet of living space and each room is great size. Easy access from both Margin Street and Gardner Street. Not to far from Carroll Grammar School, Bishop Fenwick High School, all major routes and the  commuter rail in SALEM . Bring your own decorating ideas and this could be your forever home. House being sold as and as seen  Reach out to listing agent for past history on property.  All offers due by Friday 7 pm.  24 turn around
Unit Size
1,962 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$178
Property Type
House
Property Taxes
$301
HOA Dues
-
Year Built
1945

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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 #72619308)

Price History

Date / Event Date Event Price
May 15, 2020 Sold
Premium
Sold
Feb 13, 2020 Listed by LAER Realty Partners $349,000
Listed by LAER Realty Partners
Aug 21, 2015 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,962
  • Gross Building Area: 1,962
  • Building Area: 1,962
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,962
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 210900

Zoning

  • Zoning: R1A

Geography

  • Account Number: 6155
  • Parcel: PEAB M:0054 B:0027
  • Block: 27
  • Municipality: PEABODY
  • Latitude: 42.538
  • Longitude: -70.9214

    Address

  • Full Address: 26 Nickerson Rd
  • Address - House Number: 26
  • Address - Street Name: Nickerson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C012
  • 4-Digit Zip Code: 1860
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $386,000

    Appraisal Valuation

  • Standard Deviation: 0.19
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 578,190
  • High Value: 688,118
  • Low Value: 468,261

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $423,300
  • Assessed Land Value: $220,000
  • Assessed Improvements Value: $203,300

    Sales

  • Current Sale Contract Date: May 12, 2020
  • Current Sale Recording Date: May 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Aug 21, 2015
  • Previous Sale Amount: $290,000
  • 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 Peabody Town Center

Stats & Trends

Median Asking:

$569,950

Sale Price/ft²

$390

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1947 ft²

Average Home Age

87.8 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

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: 4 months ago
Data Source: MLS PIN, MLS# 72619308

Frequently Asked Questions

When was property at 26 Nickerson Road built and last sold?
The property at 26 Nickerson Road was built in 1945 and last sold on May 12, 2020 for $350,000.
How much is this home worth?
The estimated value of the home located at 26 Nickerson Road is $365,255.
What are some comparable homes to 26 Nickerson Road?
There are currently no comparable homes to 26 Nickerson Road.
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