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Peabody 01960 West Peabody
4 Elizabeth Lane
$447,000
● House - Off Market

4 Elizabeth Lane

Peabody, MA 01960
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,352 Ft²
$626,458
RealtyHop Estimate
42.41%
Since Nov 1, 2019
MA-Boston
Primary Model

About This Property

WEST PEABODY LOCATION!!!... MOVE RIGHT IN to this BEAUTIFUL 2 Bedroom (converted from 3 bedroom), 1 Full Bath 'RANCH-STYLE' single level home in BURKE SCHOOL area... REMODELED EAT IN KITCHEN w/GRANITE COUNTERS & TILED BACKSPLASH, UNDER-COUNTER LIGHTING & Recess Lighting w/New Wood Laminate Flooring...LIVING ROOM w/New Wood Laminate Flooring, Track Lighting & Recess Lighting... FAMILY ROOM w/Bay/Bow Window & Wall AC & Recess Lighting w/Slider & Exterior Side Access...Separate LAUNDRY ROOM/Office Area that leads to COMPOSITE DECK overlooking HUGE FENCED IN LANDSCAPED YARD w/SPRINKLER SYSTEM & NEW VINYL SHED...Newer Windows...Vinyl Siding...2-zone Gas Heating System...A PLEASURE TO SHOW!!!...***FIRST SHOWINGS at OPEN HOUSES SATURDAY 9/21 & SUNDAY 9/22 from 12-2pm***
Unit Size
1,352 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$325
Property Type
House
Property Taxes
$343
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: 6 months ago (MLSPIN #72567258)

Price History

Date / Event Date Event Price
Oct 21, 2019 Sold
Premium
Sold
Sep 18, 2019 Listed by RE/MAX Advantage Real Estate $439,900
Listed by RE/MAX Advantage Real Estate
Jul 30, 2012 Sold
Premium
Sold
Jun 11, 2012 Listed by RE/MAX Advantage Real Estate $299,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,751
  • Total Building Area: 1,352
  • Gross Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,352
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KNOLLWOOD HEIGHTS
  • Land Acres: 0000000362
  • 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: 1536
  • Parcel: PEAB M:0008 B:0053
  • Block: 53
  • Municipality: PEABODY
  • Latitude: 42.5611
  • Longitude: -71.0266

    Address

  • Full Address: 4 Elizabeth Ln
  • Address - House Number: 4
  • Address - Street Name: Elizabeth
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Peabody
  • Carrier Code: C030
  • 4-Digit Zip Code: 2004
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $474,200

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 631,463
  • High Value: 744,165
  • Low Value: 518,761

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $520,000
  • Assessed Land Value: $319,500
  • Assessed Improvements Value: $200,500

    Sales

  • Current Sale Contract Date: Oct 21, 2019
  • Current Sale Recording Date: Oct 21, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191021001430
  • Previous Sale Recording Date: Jul 30, 2012
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: O
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:

$739,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2238 ft²

Average Home Age

54.3 years

Currently For Sale

9 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: 6 months ago
Data Source: MLS PIN, MLS# 72567258

Frequently Asked Questions

When was property at 4 Elizabeth Lane built and last sold?
The property at 4 Elizabeth Lane was built in 1960 and last sold on Oct 21, 2019 for $447,000.
How much is this home worth?
The estimated value of the home located at 4 Elizabeth Lane is $438,414.
What are some comparable homes to 4 Elizabeth Lane?
There are currently no comparable homes to 4 Elizabeth Lane.
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