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Peabody 01960 South Peabody
3 Trofin Lane
$410,000
● House - Off Market

3 Trofin Lane

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,666 Ft²
$772,478
RealtyHop Estimate
79.69%
Since Jan 1, 2006
MA-Boston
Primary Model

About This Property

BUILT IN 1997 SIDE ENTRANCE GARRISON COLONIAL IN MINT CONDITION. CUL DE SAC, OFF LYNN STREET IN SO. PEABODY. HOME OFFERS FOYER WITH LARGE COAT CLOSET, FIREPLACED LIVING ROOM W/CEILING FAN AND RECESSED LTG, DR W/HARDWOOD, LG KITCHEN WITH BREAKFAST BAR, LIGHT OAK CABINETS & FULLY APPLIANCED, 1ST FL. LAUNDRY IN HALF BATH, 3 PRIVATE BEDROOMS AND CALIFORNIA BATH WITH DUO BASINS ON 2ND FLOOR. BASEMENT WITH 7' CEILING IS READY TO FINISH, ATTIC STORAGE. QUICK CLOSE POSSIBLE. GET IN FOR THE HOLIDAYS.
Unit Size
1,666 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$258
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
1997

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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: 5 months ago (MLSPIN #70261202)

Price History

Date / Event Date Event Price
Dec 16, 2005 Sold
Premium
Sold
Sep 15, 2005 Listed by Century 21 Combe R. E. Corp. $429,900
Listed by Century 21 Combe R. E. Corp.
Jun 24, 1997 Sold
Premium
Sold
Aug 26, 1996 Sold
Premium
Sold
Feb 23, 1996 Listed $214,500
Listed
CHERRYFIELD ESTATES. NEW SUBDIVISION. PRE-CONSTRUCTION PRICES. RESERVE NOW FOR NOVEMBER OCCUPANCY. OPTIONS LIST AVAILABLE.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,603
  • Total Building Area: 1,666
  • Gross Building Area: 1,666
  • Building Area: 1,666
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,666
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000197
  • 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: 210500

Zoning

  • Zoning: R1A

Geography

  • Account Number: 12744
  • Parcel: PEAB M:0102 B:0210-A
  • Block: 210-A
  • Municipality: PEABODY
  • Latitude: 42.5156
  • Longitude: -70.9463

    Address

  • Full Address: 3 Trofin Ln
  • Address - House Number: 3
  • Address - Street Name: Trofin
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Peabody
  • Carrier Code: C049
  • 4-Digit Zip Code: 5700
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $526,200

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 708,090
  • High Value: 827,879
  • Low Value: 588,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $577,000
  • Assessed Land Value: $243,300
  • Assessed Improvements Value: $333,700

    Sales

  • Current Sale Recording Date: Dec 16, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 24, 1997
  • Previous Sale Amount: $204,100
  • 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 South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$405

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1943 ft²

Average Home Age

78.5 years

Currently For Sale

13 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: 5 months ago
Data Source: MLS PIN, MLS# 70261202

Frequently Asked Questions

When was property at 3 Trofin Lane built and last sold?
The property at 3 Trofin Lane was built in 1997 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 3 Trofin Lane is $444,856.
What are some comparable homes to 3 Trofin Lane?
There are currently no comparable homes to 3 Trofin Lane.
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