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Peabody 01960 South Peabody
28 Rockway Road
$360,000
● House - Off Market

28 Rockway Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,772 Ft²
$624,949
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model

About This Property

Mint condition 3 bedroom, 2 full bath Ranch close to  Browns Pond Park. This exceptional home has gleaming hard wood floors, impressive kitchen with custom cabinets, corian countertops, under-counter lights and all stainless Kenmore appliances. On the lower finished level is a walk out play room, family room, a full bath and large laundry room. MANY RECENT IMPROVEMENTS: New Heating system, New Central A/C, New 200 Amp Electric  CB, New Hot Water Tank,Leaf Guards, Chimmney Cap,   Newly Seal Coated driveway and Fenced in yard. Roof is 6 years old, fenced yard is professionally landscaped with custom 45x16 stone patio and built in fire pit. This home is extremely well cared for, just move in!
Unit Size
1,772 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$200
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1963

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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: 6 months ago (MLSPIN #71806499)

Price History

Date / Event Date Event Price
May 29, 2015 Sold
Premium
Sold
Mar 25, 2015 Listed by Coldwell Banker Residential Brokerage - Manchester $355,000
Listed by Coldwell Banker Residential Brokerage - Manchester
Nov 4, 2013 Sold
Premium
Sold
Jul 31, 2013 Listed by Coldwell Banker Residential Brokerage - Manchester $333,000
Listed by Coldwell Banker Residential Brokerage - Manchester

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 1,772
  • Gross Building Area: 1,772
  • Building Area: 1,772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,772
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: R1A

Geography

  • Account Number: 15108
  • Parcel: PEAB M:0120 B:0041-A
  • Block: 41-A
  • Municipality: PEABODY
  • Latitude: 42.5008
  • Longitude: -70.959

    Address

  • Full Address: 28 Rockway Rd
  • Address - House Number: 28
  • Address - Street Name: Rockway
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C009
  • 4-Digit Zip Code: 6519
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $488,900

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 651,866
  • High Value: 772,000
  • Low Value: 531,732

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $536,100
  • Assessed Land Value: $227,600
  • Assessed Improvements Value: $308,500

    Sales

  • Current Sale Recording Date: May 29, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 562064
  • Previous Sale Recording Date: Nov 04, 2013
  • Previous Sale Amount: $330,000
  • 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 South Peabody

Stats & Trends

Median Asking:

$659,000

Sale Price/ft²

$393

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1533 ft²

Average Home Age

99 years

Currently For Sale

13 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: 6 months ago
Data Source: MLS PIN, MLS# 71806499

Frequently Asked Questions

When was property at 28 Rockway Road built and last sold?
The property at 28 Rockway Road was built in 1963 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 28 Rockway Road is $380,768.
What are some comparable homes to 28 Rockway Road?
There are currently no comparable homes to 28 Rockway Road.
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