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Peabody 01960 South Peabody
31 Blair Terrace
$349,000
● House - Off Market

31 Blair Terrace

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,283 Ft²
$589,949
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

Location! Location! location! This Cape sits at the end of the street abutting Raddin Park. Fully applianced kitchen, opens to living room for that open concept. Dining room with hardwood floors could also serve as a master bedroom. Smaller bedroom on first floor could also be an office or den. Upstairs boasts 2 good size bedrooms and 1/2 bath. Lower level has a finished room for office or playroom or another bedroom if need be! The yard has plenty of space to roam and open to the park. Last house on street for that private feeling and no unwanted traffic!
Unit Size
1,283 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$268
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
1955

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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: 6 months ago (MLSPIN #71945733)

Price History

Date / Event Date Event Price
Mar 9, 2016 Sold
Premium
Sold
Jan 6, 2016 Listed by Century 21 North Shore $344,000
Listed by Century 21 North Shore
Jan 18, 2002 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,836
  • Total Building Area: 1,283
  • Gross Building Area: 1,283
  • Building Area: 1,283
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,283
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000226
  • 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: R1

Geography

  • Account Number: 12524
  • Parcel: PEAB M:0101 B:0210
  • Block: 210
  • Municipality: PEABODY
  • Latitude: 42.514
  • Longitude: -70.9603

    Address

  • Full Address: 31 Blair Ter
  • Address - House Number: 31
  • Address - Street Name: Blair
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Peabody
  • Carrier Code: C045
  • 4-Digit Zip Code: 5105
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $461,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 601,506
  • High Value: 708,861
  • Low Value: 494,150

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $506,400
  • Assessed Land Value: $244,300
  • Assessed Improvements Value: $262,100

    Sales

  • Current Sale Recording Date: Mar 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 335
  • Previous Sale Recording Date: Jan 18, 2002
  • Previous Sale Amount: $225,000
  • 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:

$662,000

Sale Price/ft²

$394

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1588 ft²

Average Home Age

94.9 years

Currently For Sale

14 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71945733

Frequently Asked Questions

When was property at 31 Blair Terrace built and last sold?
The property at 31 Blair Terrace was built in 1955 and last sold on Jan 1, 1970 for $349,000.
How much is this home worth?
The estimated value of the home located at 31 Blair Terrace is $359,675.
What are some comparable homes to 31 Blair Terrace?
There are currently no comparable homes to 31 Blair Terrace.
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