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Peabody 01960 West Peabody
37 Harrison Ave
$617,000
● House - Off Market

37 Harrison Ave

Peabody, MA 01960
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,190 Ft²
$817,079
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Beautiful West Peabody Gambrel in desirable Presidential Heights neighborhood.  The home that keeps on giving: 5 bedrooms, 2 baths, in home office with separate entrance, finished basement, first floor laundry/pantry, enclosed Sun Room, and central air with filtration system. Your backyard resort awaits featuring 18x32 Grecian pool 4-8 ft deep, cabana for pool supplies, oversize storage shed, fruit trees and grapevines.  One car garage with additional 8 car parking in driveway and a NEW ROOF.  Showings will begin on Saturday 7/11 and Sunday 7/12 from 11-1:30-Appts are required and will be in 15 minute blocks.  MASKS & GLOVES required for entry and please bring signed Covid Form. Subject to seller finding suitable housing.
Unit Size
2,190 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$285
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1960

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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: 5 months ago (MLSPIN #72687174)

Price History

Date / Event Date Event Price
Sep 30, 2020 Sold
Premium
Sold
Jul 8, 2020 Listed by Keller Williams Realty Evolution $624,900
Listed by Keller Williams Realty Evolution
May 1, 1985 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 264
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 17,311
  • Total Building Area: 2,190
  • Gross Building Area: 2,190
  • Building Area: 2,190
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,190
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRESIDENTIAL HILL
  • Land Acres: 0000000397
  • 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: 2322
  • Parcel: PEAB M:0015 B:0056
  • Block: 56
  • Municipality: PEABODY
  • Latitude: 42.557
  • Longitude: -71.0158

    Address

  • Full Address: 37 Harrison Ave
  • Address - House Number: 37
  • Address - Street Name: Harrison
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C026
  • 4-Digit Zip Code: 3438
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $655,500

    Appraisal Valuation

  • Standard Deviation: 0.2141
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 765,952
  • High Value: 930,006
  • Low Value: 601,898

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $718,800
  • Assessed Land Value: $320,900
  • Assessed Improvements Value: $397,900

    Sales

  • Current Sale Contract Date: Sep 24, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200930009120
  • Previous Sale Recording Date: May 01, 1985
  • Previous Sale Amount: $139,900
  • 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:

$735,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

50

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# 72687174

Frequently Asked Questions

When was property at 37 Harrison Avenue built and last sold?
The property at 37 Harrison Avenue was built in 1960 and last sold on Sep 24, 2020 for $617,000.
How much is this home worth?
The estimated value of the home located at 37 Harrison Avenue is $630,511.
What are some comparable homes to 37 Harrison Avenue?
There are currently no comparable homes to 37 Harrison Avenue.
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