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Peabody 01960 Proctor
3 Hilltop Dr
$599,900
● House - Off Market

3 Hilltop Dr

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,976 Ft²
$855,035
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

Welcome home! Desirable Putnam Hill Estates location. Move in ready! Easy access to Rte 128.  4 bedroom 2.5 bath Colonial  on a family friendly Cul-de-sac. Featuring New luxury vinyl wood plank flooring, new Carpeting, walk up attic with expansion possibilities and partially finished basement with tile, cedar walls and ceiling.  2 car garage with ample storage space and HUGE driveway.  ADT security system, central air, and gas heat. Fenced  for privacy and easy to maintain yard  with gardening shed,  irrigation system and composite deck off kitchen. An inviting Farmers Porch, welcomes and  frames the front entrance.OPEN HOUSE SATURDAY and SUNDAY 10:30- 12 NOON. June 22 and 23. Showing for back up offers.
Unit Size
1,976 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$304
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1998

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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 #72511036)

Price History

Date / Event Date Event Price
Jul 29, 2019 Sold
Premium
Sold
Jun 3, 2019 Listed by Century 21 North East $599,900
Listed by Century 21 North East
Apr 30, 1998 Sold
Premium
Sold
Oct 22, 1997 Sold
Premium
Sold
Mar 27, 1997 Listed $103,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,272
  • Total Building Area: 1,976
  • Gross Building Area: 1,976
  • Building Area: 1,976
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,976
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • 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: 7331
  • Parcel: PEAB M:0063 B:0170
  • Block: 170
  • Municipality: PEABODY
  • Latitude: 42.5355
  • Longitude: -70.9326

    Address

  • Full Address: 3 Hilltop Dr
  • Address - House Number: 3
  • Address - Street Name: Hilltop
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C057
  • 4-Digit Zip Code: 3185
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $629,100

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 789,563
  • High Value: 926,398
  • Low Value: 652,728

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $689,800
  • Assessed Land Value: $243,000
  • Assessed Improvements Value: $446,800

    Sales

  • Current Sale Contract Date: Jul 01, 2019
  • Current Sale Recording Date: Jul 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190729005670
  • Previous Sale Recording Date: Apr 30, 1998
  • Previous Sale Amount: $249,900
  • 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:

$597,450

Sale Price/ft²

$378

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1757 ft²

Average Home Age

76.9 years

Currently For Sale

17 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# 72511036

Frequently Asked Questions

When was property at 3 Hilltop Drive built and last sold?
The property at 3 Hilltop Drive was built in 1998 and last sold on Jul 1, 2019 for $599,900.
How much is this home worth?
The estimated value of the home located at 3 Hilltop Drive is $611,428.
What are some comparable homes to 3 Hilltop Drive?
There are currently no comparable homes to 3 Hilltop Drive.
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