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Peabody 01960 South Peabody
4 Bay State Blvd
$360,000
● House - Off Market

4 Bay State Blvd

Peabody, MA 01960
bedrooms
2 Beds
bathrooms
1 Bath
square feet
986 Ft²
$510,807
RealtyHop Estimate
48.06%
Since Aug 1, 2018
MA-Boston
Primary Model

About This Property

Come check out this adorable bungalow on a beautiful street in South Peabody.  This 2 bedroom 1 bath home features hardwood floors throughout, a master bedroom with double closets, and a bonus room in the partially finished basement. The outside is a great space for entertaining with a nice, flat fenced in yard and a large deck off the kitchen. The South Peabody location can't be beat.  Close to all major highways, and all that Peabody has to offer! Open House Thursday 5/24 530-630 and Saturday 5/26 1130-1.
Unit Size
986 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$350
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1950

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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 #72331634)

Price History

Date / Event Date Event Price
Jul 6, 2018 Sold
Premium
Sold
May 21, 2018 Listed by EXIT Realty Beatrice Associates $345,000
Listed by EXIT Realty Beatrice Associates

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 258
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Total Building Area: 986
  • Gross Building Area: 986
  • Building Area: 986
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 986
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000103
  • 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: 14019
  • Parcel: PEAB M:0109 B:0034
  • Block: 34
  • Municipality: PEABODY
  • Latitude: 42.51
  • Longitude: -70.95

    Address

  • Full Address: 4 Bay State Blvd
  • Address - House Number: 4
  • Address - Street Name: Bay State
  • Address - Suffix Type: Blvd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C061
  • 4-Digit Zip Code: 6302
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $411,200

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 566,672
  • High Value: 670,448
  • Low Value: 462,896

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $450,900
  • Assessed Land Value: $216,200
  • Assessed Improvements Value: $234,700

    Sales

  • Current Sale Recording Date: Jul 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 180706003820
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

$403

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2244 ft²

Average Home Age

71 years

Currently For Sale

13 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: 4 months ago
Data Source: MLS PIN, MLS# 72331634

Frequently Asked Questions

When was property at 4 Bay State Boulevard built and last sold?
The property at 4 Bay State Boulevard was built in 1950 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 4 Bay State Boulevard is $354,244.
What are some comparable homes to 4 Bay State Boulevard?
There are currently no comparable homes to 4 Bay State Boulevard.
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