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Peabody 01960 West Peabody
3 Elizabeth Lane
$339,900
● House - Off Market

3 Elizabeth Lane

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,272 Ft²
$598,367
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model

About This Property

Sprawling 3 bedroom 1.5 bath ranch and 1 car garage attached has been partially renovated.  New custom kitchen with lots of cabinets, new bath with walk-in shower and newly renovated enclosed porch overlooking fenced in yard. Family room with fireplace off kitchen. Still needs work both interior and exterior but well worth the effort.This home offers some handicap features. Located in one of West Peabody's most desirable area. Close to Burke School, shopping, walking/bicycle trail and easy access to major highways. Property is sold in as condition.  OPEN HOUSE SUNDAY 2-3:30PM
Unit Size
1,272 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$267
Property Type
House
Property Taxes
$327
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: 6 months ago (MLSPIN #71790447)

Price History

Date / Event Date Event Price
May 15, 2015 Sold
Premium
Sold
Feb 5, 2015 Listed by RE/MAX Advantage Real Estate $339,900
Listed by RE/MAX Advantage Real Estate
May 24, 2007 Sold
Premium
Sold
Mar 27, 2007 Listed by RE/MAX Advantage Real Estate $364,900
Listed by RE/MAX Advantage Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,488
  • Gross Building Area: 1,488
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 210100

Zoning

  • Zoning: R1

Geography

  • Account Number: 1548
  • Parcel: PEAB M:0008 B:0065
  • Block: 65
  • Municipality: PEABODY
  • Latitude: 42.561
  • Longitude: -71.0277

    Address

  • Full Address: 3 Elizabeth Ln
  • Address - House Number: 3
  • Address - Street Name: Elizabeth
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Peabody
  • Carrier Code: C030
  • 4-Digit Zip Code: 2003
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $571,500

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 697,486
  • High Value: 825,218
  • Low Value: 569,754

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $626,600
  • Assessed Land Value: $318,800
  • Assessed Improvements Value: $307,800

    Sales

  • Current Sale Recording Date: May 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 51500383
  • Previous Sale Recording Date: May 24, 2007
  • Previous Sale Amount: $335,000
  • 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 West Peabody

Stats & Trends

Median Asking:

$739,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2238 ft²

Average Home Age

54.3 years

Currently For Sale

9 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71790447

Frequently Asked Questions

When was property at 3 Elizabeth Lane built and last sold?
The property at 3 Elizabeth Lane was built in 1960 and last sold on Jan 1, 1970 for $339,900.
How much is this home worth?
The estimated value of the home located at 3 Elizabeth Lane is $351,273.
What are some comparable homes to 3 Elizabeth Lane?
There are currently no comparable homes to 3 Elizabeth Lane.
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