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Peabody 01960 Peabody Town Center
3 Nickerson Rd
$388,000
● House - Off Market

3 Nickerson Rd

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,037 Ft²
$726,812
RealtyHop Estimate
81.75%
Since Mar 1, 2015
MA-Boston
Primary Model

About This Property

Gardner Park area across from Bishop Fenwick.  Take a look at this 8 room, 3 bedroom colonial that offers 2,027 sf of living space, gas stove in living room is used as a heating source, master bath and an additional bath and a half.  First floor office and a playroom.  Wood floors throughout main areas, carpet in family room and ceramic tile.  Master bath shower is also has a steam function.  Full basement with workout room.  Come take a look at this great home with lots of open space and enjoy Peabody's lot tax rate and City run electric department.  Shed/workshop in the yard.  24 hour notice to show.
Unit Size
2,037 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$196
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
1920

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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 months ago (MLSPIN #71776261)

Price History

Date / Event Date Event Price
Feb 17, 2015 Sold
Premium
Sold
Dec 11, 2014 Listed by Tache Real Estate, Inc. $399,900
Listed by Tache Real Estate, Inc.
Sep 29, 2008 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 192
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,881
  • Total Building Area: 2,037
  • Gross Building Area: 2,037
  • Building Area: 2,037
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,037
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000135
  • 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: 210900

Zoning

  • Zoning: R1A

Geography

  • Account Number: 6171
  • Parcel: PEAB M:0054 B:0043
  • Block: 43
  • Municipality: PEABODY
  • Latitude: 42.5386
  • Longitude: -70.9193

    Address

  • Full Address: 3 Nickerson Rd
  • Address - House Number: 3
  • Address - Street Name: Nickerson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C012
  • 4-Digit Zip Code: 1859
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $567,800

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 713,981
  • High Value: 827,283
  • Low Value: 600,680

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $622,600
  • Assessed Land Value: $226,700
  • Assessed Improvements Value: $395,900

    Sales

  • Current Sale Recording Date: Feb 17, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21700372
  • Previous Sale Recording Date: Sep 29, 2008
  • Previous Sale Amount: $363,500
  • 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 Peabody Town Center

Stats & Trends

Median Asking:

$590,750

Sale Price/ft²

$386

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1686 ft²

Average Home Age

81.4 years

Currently For Sale

15 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# 71776261

Frequently Asked Questions

When was property at 3 Nickerson Road built and last sold?
The property at 3 Nickerson Road was built in 1920 and last sold on Jan 1, 1970 for $388,000.
How much is this home worth?
The estimated value of the home located at 3 Nickerson Road is $429,575.
What are some comparable homes to 3 Nickerson Road?
There are currently no comparable homes to 3 Nickerson Road.
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