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Peabody 01960 West Peabody
3 Carpenter St
$415,000
● House - Off Market

3 Carpenter St

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,313 Ft²
$608,835
RealtyHop Estimate
49.41%
Since May 1, 2018
MA-Boston
Primary Model

About This Property

Very nice Cape in West Peabody with quick access to RTE one.  Quiet side street. very large fenced in back yard. Kitchen redone 2yrs ago. New roof,furnace, and Central  AC.  Kitchen floor is ceramic tile and stainless steel appliances.  Lovely Fireplaced Living Room with Hardwood floors.  2 Bedrooms with hardwood floors on first floor.  2 bedrooms on second floor with wall to wall carpeting.  The basement has been started one side to be a finished room and 3/4 bath.  The plumbing is mostly in for a shower and toilet, sink.  Owners will leave the materials that they have already purchased so next owners can easily finish the room and bath.  Showings begin Saturday  March 3rd at open house 11-1230pm  Open House again on Sunday March 4, 2018 130-230pm    All offers must be presented by noon on Tuesday March 6th
Unit Size
1,313 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$310
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1952

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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 #72288005)

Price History

Date / Event Date Event Price
Apr 12, 2018 Sold
Premium
Sold
Mar 1, 2018 Listed by RE/MAX Advantage Real Estate $407,500
Listed by RE/MAX Advantage Real Estate
Apr 10, 2015 Sold
Premium
Sold
Jan 12, 2015 Listed by RE/MAX Advantage Real Estate $349,999
Listed by RE/MAX Advantage Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,318
  • Total Building Area: 1,313
  • Gross Building Area: 1,313
  • Building Area: 1,313
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,313
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000168
  • 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: 3518
  • Parcel: PEAB M:0026 B:0019
  • Block: 19
  • Municipality: PEABODY
  • Latitude: 42.548
  • Longitude: -70.9896

    Address

  • Full Address: 3 Carpenter St
  • Address - House Number: 3
  • Address - Street Name: Carpenter
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C051
  • 4-Digit Zip Code: 2306
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $508,300

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 602,688
  • High Value: 702,144
  • Low Value: 503,232

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $557,400
  • Assessed Land Value: $286,100
  • Assessed Improvements Value: $271,300

    Sales

  • Current Sale Recording Date: Apr 12, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180412004430
  • Previous Sale Recording Date: Apr 10, 2015
  • Previous Sale Amount: $338,000
  • 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 West Peabody

Stats & Trends

Median Asking:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2537 ft²

Average Home Age

48.3 years

Currently For Sale

7 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: 4 months ago
Data Source: MLS PIN, MLS# 72288005

Frequently Asked Questions

When was property at 3 Carpenter Street built and last sold?
The property at 3 Carpenter Street was built in 1952 and last sold on Jan 1, 1970 for $415,000.
How much is this home worth?
The estimated value of the home located at 3 Carpenter Street is $411,938.
What are some comparable homes to 3 Carpenter Street?
There are currently no comparable homes to 3 Carpenter Street.
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