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Peabody 01960 Proctor
3 Nancy Ave.
$234,000
● House - Off Market

3 Nancy Ave.

Peabody, MA 01960
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,280 Ft²
$998,751
RealtyHop Estimate
316.32%
Since Jun 1, 1997
MA-Boston
Primary Model

About This Property

NICE LARGE HOUSE IN FAMILY NEIGHBORHOOD. 2ND FL, ROOF, HEAT AND ELEC. 5 YEARS OLD. KITCHEN & BATH 3 YRS. OLD. 2ND FLOOR BATH PLUMBED FOR SHOWER STALL AND JACUZZI.
Unit Size
2,280 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$105
Property Type
House
Property Taxes
$173
HOA Dues
-
Year Built
1965

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #30156782)

Price History

Date / Event Date Event Price
May 21, 1997 Sold
Premium
Sold
Apr 4, 1997 Listed $239,900
Listed
Nov 20, 1987 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 500
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,619
  • Total Building Area: 3,170
  • Gross Building Area: 3,170
  • Building Area: 3,170
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,170
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING HILLS DEV CORP
  • Land Acres: 0000000336
  • 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: 210302

Zoning

  • Zoning: R1B

Geography

  • Account Number: 5508
  • Parcel: PEAB M:0048 B:0120
  • Block: 120
  • Municipality: PEABODY
  • Latitude: 42.5394
  • Longitude: -70.9718

    Address

  • Full Address: 3 Nancy Ave
  • Address - House Number: 3
  • Address - Street Name: Nancy
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C022
  • 4-Digit Zip Code: 2612
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $698,300

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 880,487
  • High Value: 1,028,603
  • Low Value: 732,370

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $765,700
  • Assessed Land Value: $317,100
  • Assessed Improvements Value: $448,600

    Sales

  • Current Sale Recording Date: May 21, 1997
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 20, 1987
  • Previous Sale Amount: $179,900
  • 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:

$589,000

Sale Price/ft²

$380

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1783 ft²

Average Home Age

67.5 years

Currently For Sale

21 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: 4 years ago
Data Source: MLS PIN, MLS# 30156782

Frequently Asked Questions

When was property at 3 Nancy Avenue built and last sold?
The property at 3 Nancy Avenue was built in 1965 and last sold on Jan 1, 1970 for $234,000.
How much is this home worth?
The estimated value of the home located at 3 Nancy Avenue is $242,012.
What are some comparable homes to 3 Nancy Avenue?
There are currently no comparable homes to 3 Nancy Avenue.
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