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Peabody 01960 Peabody Town Center
32 Union St
$340,000
● House - Off Market

32 Union St

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,356 Ft²
$507,835
RealtyHop Estimate
49.41%
Since May 1, 2018
MA-Boston
Primary Model

About This Property

Desirable Residential area off Tremont, this well maintained Colonial has oversized  living room, formal dining and bi china, eat-in kitchen with updated cabinets, 2nd level has three bedrooms and full bath.  Updated heating system and hot water tank. Large yard with wrought iron fence, plenty of parking, beautifully landscaped with flowering trees and shrubs, shed.  Showings will begin Monday 2/5  afternoon, call agent for appointment.
Unit Size
1,356 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$251
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1900

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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: 4 months ago (MLSPIN #72276852)

Price History

Date / Event Date Event Price
Apr 23, 2018 Sold
Premium
Sold
Feb 1, 2018 Listed by Century 21 Hughes $339,900
Listed by Century 21 Hughes

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 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: 6,639
  • Total Building Area: 1,356
  • Gross Building Area: 1,356
  • Building Area: 1,356
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,356
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • 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: 210800

Zoning

  • Zoning: R2

Geography

  • Account Number: 9664
  • Parcel: PEAB M:0076 B:0087
  • Block: 87
  • Municipality: PEABODY
  • Latitude: 42.5296
  • Longitude: -70.9204

    Address

  • Full Address: 32 Union St
  • Address - House Number: 32
  • Address - Street Name: Union
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C006
  • 4-Digit Zip Code: 4432
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $394,000

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 571,608
  • High Value: 673,628
  • Low Value: 469,589

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $432,000
  • Assessed Land Value: $212,800
  • Assessed Improvements Value: $219,200

    Sales

  • Current Sale Recording Date: Apr 23, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180423002560

    Financing

  • First Mortgage Financing Type: UNK
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 Peabody Town Center

Stats & Trends

Median Asking:

$579,900

Sale Price/ft²

$393

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1899 ft²

Average Home Age

83.6 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72276852

Frequently Asked Questions

When was property at 32 Union Street built and last sold?
The property at 32 Union Street was built in 1900 and last sold on Jan 1, 1970 for $340,000.
How much is this home worth?
The estimated value of the home located at 32 Union Street is $347,694.
What are some comparable homes to 32 Union Street?
There are currently no comparable homes to 32 Union Street.
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