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Peabody 01960 West Peabody
3 Moulton Rd
$650,000
● House - Off Market

3 Moulton Rd

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,486 Ft²
$650,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
MA-Boston
Primary Model

About This Property

LOCATION & VALUE:  This split-entry home is located in one of the most desirable areas of West Peabody.  The main level features a living room, kitchen and dining area with sliders that lead to the in-ground pool.  Also on the main level are 3 bedrooms and 1.5 bathrooms. The lower level includes a bonus room, kitchen, bathroom, bedroom and area that can be used as an office.  There is a walk-out that leads to the driveway. With a little work, this could be an excellent additional living space for extended family, etc. The exterior includes parking for 6 vehicles, professionally maintained landscaping, shed and an in-ground gunite pool. Just a few minutes from RT-1, RT-128 and RT-95.
Unit Size
2,486 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$261
Property Type
House
Property Taxes
$485
HOA Dues
-
Year Built
1970

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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 #73165674)

Price History

Date / Event Date Event Price
Nov 29, 2023 Sold
Premium
Sold
Nov 1, 2023 In contract -
In contract
Oct 30, 2023 Price Decreased $650,000
↓ $50K (7.1%)
Price Decreased
Oct 13, 2023 Price Increased $699,900
↑ $50K (7.7%)
Price Increased
Oct 2, 2023 Listed by Keller Williams Realty Evolution $650,000
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • 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: 1,200
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 15,455
  • Total Building Area: 2,486
  • Gross Building Area: 2,486
  • Building Area: 2,486
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,486
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000355
  • 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: 210200

Zoning

  • Zoning: R1

Geography

  • Account Number: 6523
  • Parcel: PEAB M:0057 B:0046
  • Block: 46
  • Municipality: PEABODY
  • Latitude: 42.5365
  • Longitude: -70.9938

    Address

  • Full Address: 3 Moulton Rd
  • Address - House Number: 3
  • Address - Street Name: Moulton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C029
  • 4-Digit Zip Code: 3752
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $610,500

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 763,075
  • High Value: 899,267
  • Low Value: 626,883

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $669,400
  • Assessed Land Value: $319,200
  • Assessed Improvements Value: $350,200

    Sales

  • Current Sale Contract Date: Nov 29, 2023
  • Current Sale Recording Date: Nov 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20231129003360
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:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2158 ft²

Average Home Age

55.4 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: 5 months ago
Data Source: MLS PIN, MLS# 73165674

Frequently Asked Questions

When was property at 3 Moulton Road built and last sold?
The property at 3 Moulton Road was built in 1970 and last sold on Nov 29, 2023 for $650,000.
How much is this home worth?
The estimated value of the home located at 3 Moulton Road is $673,336.
What are some comparable homes to 3 Moulton Road?
There are currently no comparable homes to 3 Moulton Road.
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