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Peabody 01960 Peabody Town Center
4 Newcastle Rd
Photo of 4 Newcastle Rd
Sold on Jun 24, 2008

1

Map

$214,900
● House - Off Market

4 Newcastle Rd

Peabody, MA 01960
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,066 Ft²
$403,536
RealtyHop Estimate
96.94%
Since Jul 1, 2008
MA-Boston
Primary Model

About This Property

Being Sold "AS IS". Pre-qualification letters from direct lender with credit scores required on all offers. Any and all offers are contingent upon receipt of a fully executed Purchase & Sales agreement with all of the Seller's addendums signed and initialed without changes (NO CHANGES ALLOWED) and Cooperate approval. Receipt of escrow funds doesn't bind seller. All inspections to be conducted with the property in its current condition as shown (AS IS). Buyer to determine legal use of property.
Unit Size
1,066 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$192
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1925

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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 #70726653)

Price History

Date / Event Date Event Price
Jun 24, 2008 Sold
Premium
Sold
Mar 13, 2008 Listed $204,900
Listed
Jul 26, 2005 Sold
Premium
Sold
Jun 11, 2005 Listed by Thread Real Estate, LLC $344,900
Listed by Thread Real Estate, LLC
Gardner Park Location, Renovated 2005, Potential for second floor master suite.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 1,066
  • Gross Building Area: 1,066
  • Building Area: 1,066
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,066
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GARDNER PARK SEC B
  • Land Acres: 0000000110
  • 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: 210900

Zoning

  • Zoning: R1A

Geography

  • Account Number: 7939
  • Parcel: PEAB M:0065 B:0304
  • Block: 304
  • Municipality: PEABODY
  • Latitude: 42.5357
  • Longitude: -70.9178

    Address

  • Full Address: 4 Newcastle Rd
  • Address - House Number: 4
  • Address - Street Name: Newcastle
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C004
  • 4-Digit Zip Code: 1936
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $401,600

    Appraisal Valuation

  • Standard Deviation: 0.2378
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 559,498
  • High Value: 661,960
  • Low Value: 457,036

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $440,400
  • Assessed Land Value: $207,500
  • Assessed Improvements Value: $232,900

    Sales

  • Current Sale Recording Date: Jun 24, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 13, 2008
  • Previous Sale Amount: $232,050
  • Previous Sale Document Type: 34
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 Peabody Town Center

Stats & Trends

Median Asking:

$579,900

Sale Price/ft²

$388

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1947 ft²

Average Home Age

87.8 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70726653

Frequently Asked Questions

When was property at 4 Newcastle Road built and last sold?
The property at 4 Newcastle Road was built in 1925 and last sold on Jan 1, 1970 for $210,250.
How much is this home worth?
The estimated value of the home located at 4 Newcastle Road is $218,734.
What are some comparable homes to 4 Newcastle Road?
There are currently no comparable homes to 4 Newcastle Road.
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