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Peabody 01960 South Salem
3 Glen Road
Photo of 3 Glen Road
Sold on May 15, 2006

1

Map

$410,000
● House - Off Market

3 Glen Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,350 Ft²
$754,035
RealtyHop Estimate
79.96%
Since Jun 1, 2006
MA-Boston
Primary Model

About This Property

Pristine and Picture Perfect - Oversized 9 Room Cape -  with 3 big bedrooms, new interior, finished lower level with decorative fire place & wet bar.  Lower level access to a bright & sunny enclosed porch leading to a beautiful inground pool. Great for summer entertaining.  Near Welch School, playground and golf course.  Definately NOT a drive by -  So much bigger than it appears.  Makes for beautiful living. Open House Sun April 2 ....12-1:30
Unit Size
2,350 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$178
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1965

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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: 5 months ago (MLSPIN #70291387)

Price History

Date / Event Date Event Price
May 15, 2006 Sold
Premium
Sold
Nov 8, 2005 Listed $419,000
Listed

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 192
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 6,778
  • Total Building Area: 1,550
  • Gross Building Area: 1,550
  • Building Area: 1,550
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,550
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000156
  • 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: 210600

Zoning

  • Zoning: R1

Geography

  • Account Number: 12999
  • Parcel: PEAB M:0104 B:0030
  • Block: 30
  • Municipality: PEABODY
  • Latitude: 42.5148
  • Longitude: -70.9298

    Address

  • Full Address: 3 Glen Rd
  • Address - House Number: 3
  • Address - Street Name: Glen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C041
  • 4-Digit Zip Code: 6109
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $501,100

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 645,319
  • High Value: 747,250
  • Low Value: 543,388

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $549,500
  • Assessed Land Value: $213,800
  • Assessed Improvements Value: $335,700

    Sales

  • Current Sale Recording Date: May 15, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 79619
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 Salem

Stats & Trends

Median Asking:

$616,750

Sale Price/ft²

$370

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2099 ft²

Average Home Age

85.6 years

Currently For Sale

40 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: 5 months ago
Data Source: MLS PIN, MLS# 70291387

Frequently Asked Questions

When was property at 3 Glen Road built and last sold?
The property at 3 Glen Road was built in 1965 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 3 Glen Road is $447,534.
What are some comparable homes to 3 Glen Road?
There are currently no comparable homes to 3 Glen Road.
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