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Peabody 01960 Proctor
3 Walcott St
$530,000
● House - Off Market

3 Walcott St

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,284 Ft²
$589,685
RealtyHop Estimate
7.23%
Since Dec 1, 2022
MA-Boston
Primary Model

About This Property

Don't miss out on this Updated 3 Bedroom Colonial!  Just Unpack Your Bags as this one is Truly in Move In Condition!  This beautiful home features an Updated Kitchen with Quartz Countertops, Stainless Steel Appliances & Designer Tile Backsplash, Updated Bathrooms, Newer Vinyl Windows, Newly Paved Driveway, Large Master Bedroom, Hardwood Floors throughout, Custom Blinds, and much more.  The exterior features Carefree Vinyl Siding, a Large Level Fenced in Yard with a stone patio, and a Large shed for even more storage. Located in a quiet residential neighborhood with a park close by and is Convenient to all major highways, shopping, and downtown Salem.  Enjoy Peabody's low Electric Bills & RE tax rates!
Unit Size
1,284 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$428
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1930

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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 #73033636)

Price History

Date / Event Date Event Price
Nov 3, 2022 Sold
Premium
Sold
Sep 27, 2022 In contract -
In contract
Sep 27, 2022 Relisted $359,900
Relisted
Sep 20, 2022 In contract -
In contract
Sep 7, 2022 Listed by RE/MAX 360 $549,900
Listed by RE/MAX 360
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Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Total Building Area: 1,284
  • Gross Building Area: 1,284
  • Building Area: 1,284
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,284
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000103
  • 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: 210402

Zoning

  • Zoning: R1A

Geography

  • Account Number: 8560
  • Parcel: PEAB M:0073 B:0069
  • Block: 69
  • Municipality: PEABODY
  • Latitude: 42.5291
  • Longitude: -70.9498

    Address

  • Full Address: 3 Walcott St
  • Address - House Number: 3
  • Address - Street Name: Walcott
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C019
  • 4-Digit Zip Code: 4118
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $461,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1821
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 588,967
  • High Value: 694,378
  • Low Value: 483,556

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $506,400
  • Assessed Land Value: $216,200
  • Assessed Improvements Value: $290,200

    Sales

  • Current Sale Contract Date: Nov 03, 2022
  • Current Sale Recording Date: Nov 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221103001180
  • Previous Sale Recording Date: Dec 30, 2019
  • Previous Sale Contract Date: Dec 20, 2019
  • Previous Sale Amount: $388,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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:

$599,900

Sale Price/ft²

$375

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1730 ft²

Average Home Age

78.4 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73033636

Frequently Asked Questions

When was property at 3 Walcott Street built and last sold?
The property at 3 Walcott Street was built in 1930 and last sold on Nov 3, 2022 for $530,000.
How much is this home worth?
The estimated value of the home located at 3 Walcott Street is $547,897.
What are some comparable homes to 3 Walcott Street?
There are currently no comparable homes to 3 Walcott Street.
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