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Peabody 01960 South Peabody
27 Oak Ave
Photo of 27 Oak Ave
Sold on Jul 29, 2011

1

Map

$244,000
● House - Off Market

27 Oak Ave

Peabody, MA 01960
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,384 Ft²
$514,240
RealtyHop Estimate
105.78%
Since Aug 1, 2011
MA-Boston
Primary Model

About This Property

Lots of  value in this 2 bedroom cape with a contemporary flair. Custom eat-in kitchen with cherry cabinets, diningroom and hardwood floors beneath wall to wall carpeting(except familyroom and bedroom on 2nd floor). Fabulous familyroom with cathederal ceiling, skylights and floor to ceiling brick fireplace. Deck overlooking private backyard. Close to major highways. Great condo alternative.
Unit Size
1,384 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$181
Property Type
House
Property Taxes
$207
HOA Dues
-
Year Built
1960

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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: 5 months ago (MLSPIN #71213537)

Price History

Date / Event Date Event Price
Jul 29, 2011 Sold
Premium
Sold
Apr 7, 2011 Listed by RE/MAX Advantage Real Estate $249,900
Listed by RE/MAX Advantage Real Estate

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,919
  • Total Building Area: 1,384
  • Gross Building Area: 1,384
  • Building Area: 1,384
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,384
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BARTHOLOMEW HEIGHTS
  • Land Acres: 0000000388
  • 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: 210500

Zoning

  • Zoning: R1

Geography

  • Account Number: 13541
  • Parcel: PEAB M:0107 B:0148
  • Block: 148
  • Municipality: PEABODY
  • Latitude: 42.5096
  • Longitude: -70.9635

    Address

  • Full Address: 27 Oak Ave
  • Address - House Number: 27
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C008
  • 4-Digit Zip Code: 6240
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $459,600

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 631,199
  • High Value: 739,165
  • Low Value: 523,233

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $504,000
  • Assessed Land Value: $225,200
  • Assessed Improvements Value: $278,800

    Sales

  • Current Sale Recording Date: Jan 16, 2015
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 11600356
  • Previous Sale Recording Date: Jul 29, 2011
  • Previous Sale Amount: $244,000
  • 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 South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$399

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1722 ft²

Average Home Age

87.3 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71213537

Frequently Asked Questions

When was property at 27 Oak Avenue built and last sold?
The property at 27 Oak Avenue was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 27 Oak Avenue is $272,173.
What are some comparable homes to 27 Oak Avenue?
There are currently no comparable homes to 27 Oak Avenue.
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