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Peabody 01960 Proctor
3 Tomah Drive
$550,000
● House - Off Market

3 Tomah Drive

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,167 Ft²
$826,160
RealtyHop Estimate
47.55%
Since Mar 1, 2019
MA-Boston
Primary Model

About This Property

Fantastic oversized split in wonderful neighborhood with sensational landscaping and all convenient to everything Peabody and the North Shore have to offer. Upgrades include 2 new bathrooms, designer paint colors, new boiler, and hardwood floors in living room and hall. You'll love the heated in ground pool and spacious 3 season porch overlooking the manicured grounds. Cooks will enjoy the gorgeous cherry kitchen with white Corian countertops and stylish GE appliances. Previous buyers home did not sell. Now is your opportunity!!!
Unit Size
2,167 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$258
Property Type
House
Property Taxes
$425
HOA Dues
-
Year Built
1963

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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 #72411408)

Price History

Date / Event Date Event Price
Feb 22, 2019 Sold
Premium
Sold
Oct 16, 2018 Listed by J. Barrett & Company $559,900
Listed by J. Barrett & Company
Sep 14, 2012 Sold
Premium
Sold
Jul 17, 2012 Listed by J. Barrett & Company $399,000
Listed by J. Barrett & Company
Dec 27, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 432
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 19,641
  • Total Building Area: 2,167
  • Gross Building Area: 2,167
  • Building Area: 2,167
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,167
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PAGE STREET
  • Land Acres: 0000000451
  • 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: 210301

Zoning

  • Zoning: R1A

Geography

  • Account Number: 5829
  • Parcel: PEAB M:0050 B:0107
  • Block: 107
  • Municipality: PEABODY
  • Latitude: 42.5404
  • Longitude: -70.9532

    Address

  • Full Address: 3 Tomah Dr
  • Address - House Number: 3
  • Address - Street Name: Tomah
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C054
  • 4-Digit Zip Code: 2812
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $614,900

    Appraisal Valuation

  • Standard Deviation: 0.1726
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 805,635
  • High Value: 932,889
  • Low Value: 678,382

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $674,200
  • Assessed Land Value: $323,200
  • Assessed Improvements Value: $351,000

    Sales

  • Current Sale Contract Date: Feb 22, 2019
  • Current Sale Recording Date: Feb 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190222001710
  • Previous Sale Recording Date: Sep 14, 2012
  • Previous Sale Amount: $387,500
  • 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 Proctor

Stats & Trends

Median Asking:

$604,450

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1885 ft²

Average Home Age

78.7 years

Currently For Sale

12 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: 4 months ago
Data Source: MLS PIN, MLS# 72411408

Frequently Asked Questions

When was property at 3 Tomah Drive built and last sold?
The property at 3 Tomah Drive was built in 1963 and last sold on Feb 22, 2019 for $550,000.
How much is this home worth?
The estimated value of the home located at 3 Tomah Drive is $575,803.
What are some comparable homes to 3 Tomah Drive?
There are currently no comparable homes to 3 Tomah Drive.
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