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Peabody 01960 West Peabody
32 Surrey Lane
Photo of 32 Surrey Lane
Sold on Nov 20, 2007

1

Map

$320,000
● House - Off Market

32 Surrey Lane

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,352 Ft²
$641,739
RealtyHop Estimate
94.53%
Since Dec 1, 2007
MA-Boston
Primary Model

About This Property

Burke School District!  This 3 bedroom Ranch sits on a lovely 1/3 acre corner lot.  Front to back family room off kitchen awaits your finishing touch.  Parquet floors throughout.  Back yard fenced in.  Baseboard heat 1992, Vinyl siding & gutters 2004, kitchen stove 2006.  Super location, needs a spruce up– has great potential.
Unit Size
1,352 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$244
Property Type
House
Property Taxes
$228
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70661251)

Price History

Date / Event Date Event Price
Oct 26, 2021 Sold
Premium
Sold
Sep 7, 2021 Listed $499,000
Listed
Nov 21, 2007 Sold
Premium
Sold
Oct 9, 2007 Listed $329,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,011
  • Total Building Area: 1,352
  • Gross Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,352
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000345
  • 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: 210100

Zoning

  • Zoning: R1

Geography

  • Account Number: 1070
  • Parcel: PEAB M:0003 B:0054
  • Block: 54
  • Municipality: PEABODY
  • Latitude: 42.5635
  • Longitude: -71.0318

    Address

  • Full Address: 32 Surrey Ln
  • Address - House Number: 32
  • Address - Street Name: Surrey
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Peabody
  • Carrier Code: C030
  • 4-Digit Zip Code: 2032
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $472,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 611,176
  • High Value: 720,257
  • Low Value: 502,094

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $518,000
  • Assessed Land Value: $318,800
  • Assessed Improvements Value: $199,200

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Oct 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211026005500
  • Previous Sale Recording Date: Nov 21, 2007
  • Previous Sale Amount: $320,000
  • 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 West Peabody

Stats & Trends

Median Asking:

$732,500

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2127 ft²

Average Home Age

53.5 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70661251

Frequently Asked Questions

When was property at 32 Surrey Lane built and last sold?
The property at 32 Surrey Lane was built in 1960 and last sold on Oct 20, 2021 for $515,000.
How much is this home worth?
The estimated value of the home located at 32 Surrey Lane is $497,264.
What are some comparable homes to 32 Surrey Lane?
There are currently no comparable homes to 32 Surrey Lane.
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