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Peabody 01960 Proctor
35 Raymond Cir
$565,000
● House - Off Market

35 Raymond Cir

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,652 Ft²
$559,013
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

Desirable one level living ranch style home tucked away in a desirable neighborhood with just steps to the elementary school, park & minutes to the N S Mall and major highway for easy commute. Living room with brick faced fireplace and picture window allowing the afternoon sunlight to pour in.  Kitchen offers stainless steel appliances and breakfast bar for grabbing a quick meal.  Dining room with built-in China cabinet to display your treasures.  Off the kitchen is a three seasons room for warmer weather relaxing with storage closet and sliding doors to outside deck.  Lower level offers a bonus room for extra living space.  Nice level fenced in yard with shed that abuts conservation property for privacy. Hardwood floors on first level, updated 200 AMP CB, 5 year old roof, replacement windows.
Unit Size
1,652 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$315
Property Type
House
Property Taxes
$340
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: 4 months ago (MLSPIN #73062475)

Price History

Date / Event Date Event Price
Dec 29, 2022 Sold
Premium
Sold
Dec 7, 2022 In contract -
In contract
Dec 2, 2022 Listed by Coldwell Banker Realty - Lynnfield $519,900
Listed by Coldwell Banker Realty - Lynnfield

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 7,000
  • Total Building Area: 1,212
  • Gross Building Area: 1,212
  • Building Area: 1,212
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,212
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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: 10151
  • Parcel: PEAB M:0083 B:0109
  • Block: 109
  • Municipality: PEABODY
  • Latitude: 42.5266
  • Longitude: -70.9477

    Address

  • Full Address: 35 Raymond Cir
  • Address - House Number: 35
  • Address - Street Name: Raymond
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Peabody
  • Carrier Code: C032
  • 4-Digit Zip Code: 4124
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $467,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 589,918
  • High Value: 697,376
  • Low Value: 482,459

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $512,500
  • Assessed Land Value: $235,200
  • Assessed Improvements Value: $277,300

    Sales

  • Current Sale Contract Date: Dec 29, 2022
  • Current Sale Recording Date: Dec 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221229002710
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:

$604,450

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1913 ft²

Average Home Age

79.8 years

Currently For Sale

11 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: 4 months ago
Data Source: MLS PIN, MLS# 73062475

Frequently Asked Questions

When was property at 35 Raymond Circle built and last sold?
The property at 35 Raymond Circle was built in 1955 and last sold on Dec 29, 2022 for $565,000.
How much is this home worth?
The estimated value of the home located at 35 Raymond Circle is $535,835.
What are some comparable homes to 35 Raymond Circle?
There are currently no comparable homes to 35 Raymond Circle.
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