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Peabody 01960 Proctor
3 Esquire Drive
$415,000
● House - Off Market

3 Esquire Drive

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,460 Ft²
$625,812
RealtyHop Estimate
49.36%
Since Jan 1, 2019
MA-Boston
Primary Model

About This Property

Very nice 3-4 bedroom Cape in convenient location. Great for commuters! This home has beautiful hardwood floors and lots of space. Current owner opened wall between living room and dining room. Could very easily go back to a bedroom. The kitchen has lots of cabinets and open to a den or entertainment room, of extended kitchen. Sliders off to deck and a mud room from driveway on opposite side. Master bedroom on first floor with easy access to full bath. Second floor has 2 bedrooms and a 3/4 bath (shower stall- no tub). Welcome home!  Don't miss out!!!!
Unit Size
1,460 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$287
Property Type
House
Property Taxes
$292
HOA Dues
-
Year Built
1966

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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 #72418848)

Price History

Date / Event Date Event Price
Dec 21, 2018 Sold
Premium
Sold
Nov 1, 2018 Listed by Century 21 North East $419,000
Listed by Century 21 North East
Nov 4, 2002 Sold
Premium
Sold
Sep 10, 2002 Listed by RE/MAX 360 $329,900
Listed by RE/MAX 360
MOVE-IN CONDITION. LARGE, LEVEL BACK YARD. SUBJECT TO SELLER FINDING SUITABLE HOUSING. NO SHOWINGS UNTIL OH 9/15, 12-2
Sep 4, 1996 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 168
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,016
  • Total Building Area: 1,460
  • Gross Building Area: 1,460
  • Building Area: 1,460
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,460
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEABODY
  • 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: 210401

Zoning

  • Zoning: R1A

Geography

  • Account Number: 6015
  • Parcel: PEAB M:0052 B:0134
  • Block: 134
  • Municipality: PEABODY
  • Latitude: 42.5386
  • Longitude: -70.9345

    Address

  • Full Address: 3 Esquire Dr
  • Address - House Number: 3
  • Address - Street Name: Esquire
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C057
  • 4-Digit Zip Code: 1704
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $480,900

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 611,196
  • High Value: 717,231
  • Low Value: 505,161

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $527,300
  • Assessed Land Value: $227,700
  • Assessed Improvements Value: $299,600

    Sales

  • Current Sale Contract Date: Dec 10, 2018
  • Current Sale Recording Date: Dec 21, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20181221004730
  • Previous Sale Recording Date: Sep 04, 1996
  • Previous Sale Amount: $160,000
  • 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 Proctor

Stats & Trends

Median Asking:

$604,450

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1913 ft²

Average Home Age

79.8 years

Currently For Sale

11 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# 72418848

Frequently Asked Questions

When was property at 3 Esquire Drive built and last sold?
The property at 3 Esquire Drive was built in 1966 and last sold on Dec 10, 2018 for $415,000.
How much is this home worth?
The estimated value of the home located at 3 Esquire Drive is $426,676.
What are some comparable homes to 3 Esquire Drive?
There are currently no comparable homes to 3 Esquire Drive.
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