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Peabody 01960 Peabody Town Center
3 Ayer
$339,000
● House - Off Market

3 Ayer

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,853 Ft²
$528,877
RealtyHop Estimate
56.01%
Since Jan 1, 2018
MA-Boston
Primary Model

About This Property

Classic colonial that has room for the whole family.  Inviting living room with pocket doors, hardwood floors that open to large family dining room and lots of period details. Sweet three season sun room leading out to fenced in yard with shed and bar. Spacious eat-in kitchen and lots of storage space.  Extra large third floor master with potential for second bathroom. Close to all major routes, restaurants and not far from the commuter rail.
Unit Size
1,853 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$183
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1890

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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 #72228014)

Price History

Date / Event Date Event Price
Dec 1, 2020 Sold
Premium
Sold
Oct 16, 2020 Listed by LAER Realty Partners $489,000
Listed by LAER Realty Partners
Dec 28, 2017 Sold
Premium
Sold
Sep 13, 2017 Listed by LAER Realty Partners $339,000
Listed by LAER Realty Partners

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,988
  • Total Building Area: 1,853
  • Gross Building Area: 1,853
  • Building Area: 1,853
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,853
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000069
  • 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: 210700

Zoning

  • Zoning: R2

Geography

  • Account Number: 11405
  • Parcel: PEAB M:0095 B:0335
  • Block: 335
  • Municipality: PEABODY
  • Latitude: 42.5204
  • Longitude: -70.9275

    Address

  • Full Address: 3 Ayer St
  • Address - House Number: 3
  • Address - Street Name: Ayer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C041
  • 4-Digit Zip Code: 6103
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $483,600

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 644,479
  • High Value: 782,786
  • Low Value: 506,171

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $530,300
  • Assessed Land Value: $187,400
  • Assessed Improvements Value: $342,900

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201201005750
  • Previous Sale Recording Date: Dec 28, 2017
  • Previous Sale Amount: $339,000
  • 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:

$579,900

Sale Price/ft²

$393

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# 72228014

Frequently Asked Questions

When was property at 3 Ayer Street built and last sold?
The property at 3 Ayer Street was built in 1890 and last sold on Nov 24, 2020 for $494,000.
How much is this home worth?
The estimated value of the home located at 3 Ayer Street is $493,643.
What are some comparable homes to 3 Ayer Street?
There are currently no comparable homes to 3 Ayer Street.
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