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Peabody 01960 West Peabody
3 Pontiac Rd
Photo of 3 Pontiac Rd
Sold on Jul 22, 2025

30

Map

Photo of 3 Pontiac Rd
Photo of 3 Pontiac Rd
$635,000
● House - Off Market

3 Pontiac Rd

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,104 Ft²
$3,240
Est. Monthly
6.22%
Cap Rate

About This Property

Sweet Ranch in a great West Peabody neighborhood, near the John E Burke Elementary School,  is looking for a new owner. Built in 1962, this 3-bedroom home with a full bathroom and 1-car garage has unlimited potential. Updating decor will dramatically change the current main living spaces that include a living room, cozy dining room and kitchen with 3 bedrooms set privately off a hallway. Creating extra living space, be it family/playroom, bedroom, home office, and/or gym in the unfinished basement is another option and garden aficionados can make the roomy yard an outdoor haven. Bonus: brand new hot water heater, newer gas heating system, and the roof was replaced 2 years ago. Bring your design ideas and take advantage of this incredible opportunity in Peabody. Estate Sale. Sold As Is.
Unit Size
1,104 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$525
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1962

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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: 2 years ago (MLSPIN #73384582)

Price History

Date / Event Date Event Price
Jul 22, 2025 Sold
Premium
Sold
Jun 12, 2025 In contract -
In contract
Jun 3, 2025 Listed $579,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,104
  • Gross Building Area: 1,104
  • Building Area: 1,104
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,104
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 210100

Zoning

  • Zoning: R1

Geography

  • Account Number: 2074
  • Parcel: PEAB M:0013 B:0040
  • Block: 40
  • Municipality: PEABODY
  • Latitude: 42.5561
  • Longitude: -71.0296

    Address

  • Full Address: 3 Pontiac Rd
  • Address - House Number: 3
  • Address - Street Name: Pontiac
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C033
  • 4-Digit Zip Code: 3319
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $417,800

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 586,612
  • High Value: 679,270
  • Low Value: 493,954

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $458,100
  • Assessed Land Value: $318,800
  • Assessed Improvements Value: $139,300
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73384582

Frequently Asked Questions

When was property at 3 Pontiac Road built and last sold?
The property at 3 Pontiac Road was built in 1962 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Pontiac Road is $576,602.
What are some comparable homes to 3 Pontiac Road?
There are currently no comparable homes to 3 Pontiac Road.
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