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Peabody 01960 Peabody Town Center
3 Roland Road
$392,500
● House - Off Market

3 Roland Road

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$632,160
RealtyHop Estimate
66.80%
Since Aug 1, 2016
MA-Boston
Primary Model

About This Property

Gardner Park location. All new and remodeled cape with back dormer.  Gleaming hardwood floors, good closet space, new windows, new roof, new heating, new hot water & central air.  Never been used stainless steel appliances in upgraded cabinet kitchen with granite counter tops and hardwood floor. Lower level family room.  Laundry has brand new washer and dryer.  Garage under leads directly into house.  Good size, fenced yard.  A few miles to Salem beaches and commuter rail.  You will LOVE this one!
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$247
Property Type
House
Property Taxes
$233
HOA Dues
-
Year Built
1950

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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: 4 months ago (MLSPIN #72012332)

Price History

Date / Event Date Event Price
Jul 20, 2016 Sold
Premium
Sold
May 26, 2016 Listed by RE/MAX Advantage Real Estate $379,000
Listed by RE/MAX Advantage Real Estate
Feb 29, 2016 Sold
Premium
Sold
Aug 23, 2015 Listed by RE/MAX Advantage Real Estate $217,000
Listed by RE/MAX Advantage Real Estate
May 30, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TERRACE BAYSIDE CONDO
  • 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: 210900

Zoning

  • Zoning: R1A

Geography

  • Account Number: 6214
  • Parcel: PEAB M:0054 B:0086
  • Block: 86
  • Municipality: PEABODY
  • Latitude: 42.5393
  • Longitude: -70.9219

    Address

  • Full Address: 3 Roland Rd
  • Address - House Number: 3
  • Address - Street Name: Roland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C012
  • 4-Digit Zip Code: 1818
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $490,300

    Appraisal Valuation

  • Standard Deviation: 0.19
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 623,010
  • High Value: 721,417
  • Low Value: 524,603

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $537,600
  • Assessed Land Value: $220,000
  • Assessed Improvements Value: $317,600

    Sales

  • Current Sale Recording Date: Jul 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 193
  • Previous Sale Recording Date: Feb 29, 2016
  • Previous Sale Amount: $217,000
  • 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:

$579,900

Sale Price/ft²

$393

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1899 ft²

Average Home Age

83.6 years

Currently For Sale

16 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# 72012332

Frequently Asked Questions

When was property at 3 Roland Road built and last sold?
The property at 3 Roland Road was built in 1950 and last sold on Jan 1, 1970 for $392,500.
How much is this home worth?
The estimated value of the home located at 3 Roland Road is $390,324.
What are some comparable homes to 3 Roland Road?
There are currently no comparable homes to 3 Roland Road.
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