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Peabody 01960 South Peabody
3 Dexter Street
$395,000
● House - Off Market

3 Dexter Street

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,941 Ft²
$624,313
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

Warm and inviting 7 room bungalow style home with lots of upgrades. New kitchen with granite counters, stainless steel appliances, pantry, center island and washer/dryer hidden under cabinets. Living room with gas fireplace and hardwood floors, dining room with china cabinet and new bathroom. Second floor has two bedrooms, large storage area and room for future bath. Nice level lot with perennials, patio and fenced in yard. Exterior is maintenance free. Located close to Brown School and easy access to major highways. This home is in absolute move in condition.
Unit Size
1,941 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$193
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1920

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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 #72048131)

Price History

Date / Event Date Event Price
Sep 30, 2016 Sold
Premium
Sold
Aug 2, 2016 Listed by J. Barrett & Company $374,900
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 251
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,941
  • Gross Building Area: 1,941
  • Building Area: 1,941
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,941
  • Heating Fuel Type: 6

    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: 210500

Zoning

  • Zoning: R1A

Geography

  • Account Number: 14910
  • Parcel: PEAB M:0116 B:0108
  • Block: 108
  • Municipality: PEABODY
  • Latitude: 42.5079
  • Longitude: -70.9515

    Address

  • Full Address: 3 Dexter St
  • Address - House Number: 3
  • Address - Street Name: Dexter
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C003
  • 4-Digit Zip Code: 6313
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $492,300

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 687,694
  • High Value: 810,432
  • Low Value: 564,956

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $539,800
  • Assessed Land Value: $220,000
  • Assessed Improvements Value: $319,800

    Sales

  • Current Sale Recording Date: Sep 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 174
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

$407

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2130 ft²

Average Home Age

79.5 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: 4 months ago
Data Source: MLS PIN, MLS# 72048131

Frequently Asked Questions

When was property at 3 Dexter Street built and last sold?
The property at 3 Dexter Street was built in 1920 and last sold on Jan 1, 1970 for $395,000.
How much is this home worth?
The estimated value of the home located at 3 Dexter Street is $395,995.
What are some comparable homes to 3 Dexter Street?
There are currently no comparable homes to 3 Dexter Street.
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