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Peabody 01960 Peabody Town Center
3 Howard Ave
$530,000
● House - Off Market

3 Howard Ave

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,589 Ft²
$637,061
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

You'll instantly fall in love with this sweet craftsman style home in a lovely neighborhood close to Peabody's revitalized downtown. Bright and airy, this 3 bedroom, 2 bathroom house boasts a living room with wood burning stove and pretty bay windows. Kitchen with breakfast bar and tons of cabinet space. Dining room with built-in cabinet. Bonus family room on first floor. A nice grassy, level, fenced-in yard with deck perfect for entertaining. One car garage currently used as workshop. This one won't last! **OPEN HOUSES Saturday 6/27 and Sunday 6/28 from 9am-12noon. One to two parties allowed entry inside at a time. PPE required. Appointments during OH given first entry preference.**
Unit Size
1,589 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$302
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1926

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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 #72679142)

Price History

Date / Event Date Event Price
Aug 20, 2020 Sold
Premium
Sold
Jun 23, 2020 Listed by Keller Williams Realty Evolution $479,900
Listed by Keller Williams Realty Evolution
Oct 1, 2012 Sold
Premium
Sold
May 7, 2012 Listed by Keller Williams Realty Evolution $289,000
Listed by Keller Williams Realty Evolution
Aug 5, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,589
  • Gross Building Area: 1,589
  • Building Area: 1,589
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,589
  • 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: 210700

Zoning

  • Zoning: R1

Geography

  • Account Number: 13025
  • Parcel: PEAB M:0104 B:0054
  • Block: 54
  • Municipality: PEABODY
  • Latitude: 42.5183
  • Longitude: -70.9287

    Address

  • Full Address: 3 Howard Ave
  • Address - House Number: 3
  • Address - Street Name: Howard
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C041
  • 4-Digit Zip Code: 6116
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $501,300

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 671,660
  • High Value: 788,184
  • Low Value: 555,135

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $549,700
  • Assessed Land Value: $201,400
  • Assessed Improvements Value: $348,300

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Aug 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200820001860
  • Previous Sale Recording Date: Oct 01, 2012
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: O
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 Peabody Town Center

Stats & Trends

Median Asking:

$581,200

Sale Price/ft²

$387

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1473 ft²

Average Home Age

79 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: 5 months ago
Data Source: MLS PIN, MLS# 72679142

Frequently Asked Questions

When was property at 3 Howard Avenue built and last sold?
The property at 3 Howard Avenue was built in 1926 and last sold on Aug 13, 2020 for $530,000.
How much is this home worth?
The estimated value of the home located at 3 Howard Avenue is $486,390.
What are some comparable homes to 3 Howard Avenue?
There are currently no comparable homes to 3 Howard Avenue.
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