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Peabody 01960 South Peabody
38 Rockway Road
Photo of 38 Rockway Road
Sold on Apr 15, 2010

1

Map

$215,000
● House - Off Market

38 Rockway Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
879 Ft²
$513,020
RealtyHop Estimate
105.29%
Since May 1, 2010
MA-Boston
Primary Model

About This Property

Beautiful 5 rm, 3 bdr, 1bath ranch sf in South Peabody near Browns Pond. The property features vinyl ext. siding, aluminum covered trim, mostly insulated windows, nice level fenced yard, 4 car driveway, short dead end street, central ac, repainted interior, refinished hard wood floors, mostly natural wood work, basement laundry room with expansion possibilities. Real Estate agents must accompany at all times to receive compensation.
Unit Size
879 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$284
Property Type
House
Property Taxes
$204
HOA Dues
-
Year Built
1952

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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: 2 years ago (MLSPIN #71037841)

Price History

Date / Event Date Event Price
Apr 15, 2010 Sold
Premium
Sold
Feb 25, 2010 Listed $249,900
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • 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: 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: 5,558
  • Total Building Area: 879
  • Gross Building Area: 879
  • Building Area: 879
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 879
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000128
  • 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: R1A

Geography

  • Account Number: 15113
  • Parcel: PEAB M:0120 B:0045
  • Block: 45
  • Municipality: PEABODY
  • Latitude: 42.5006
  • Longitude: -70.9599

    Address

  • Full Address: 38 Rockway Rd
  • Address - House Number: 38
  • Address - Street Name: Rockway
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C009
  • 4-Digit Zip Code: 6519
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $407,800

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 531,452
  • High Value: 632,901
  • Low Value: 430,002

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $447,100
  • Assessed Land Value: $224,300
  • Assessed Improvements Value: $222,800

    Sales

  • Current Sale Recording Date: Apr 15, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 508560
  • Previous Sale Recording Date: Feb 20, 2007
  • Previous Sale Document Type: 48
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:

$649,900

Sale Price/ft²

$399

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1722 ft²

Average Home Age

87.3 years

Currently For Sale

15 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: 2 years ago
Data Source: MLS PIN, MLS# 71037841

Frequently Asked Questions

When was property at 38 Rockway Road built and last sold?
The property at 38 Rockway Road was built in 1952 and last sold on Jan 1, 1970 for $215,000.
How much is this home worth?
The estimated value of the home located at 38 Rockway Road is $0.
What are some comparable homes to 38 Rockway Road?
There are currently no comparable homes to 38 Rockway Road.
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