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Peabody 01960 West Peabody
4 Normandy Drive
Photo of 4 Normandy Drive

1

Map

$399,900
● House - Off Market

4 Normandy Drive

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,608 Ft²
$2,348
Est. Monthly

About This Property

Are you waiting for the Hawthorne ranch to come on the market?  Well here it is with an additional bonus, an upper level great room!  It has it all: 4 bedrooms, 2 & 1/2 baths, first floor family room with fireplace right off the kitchen with sliders that lead to a screened in porch (another bonus!),and a  2 car attached garage. Nestled in West Peabody abounded by woods, this sprawling ranch has central air, brand new master bath, updated heat & plumbing, sprinklers and is handicapped accessible.
Unit Size
2,608 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$153
Property Type
House
Property Taxes
$383
HOA Dues
-
Year Built
1969

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 14 days ago (MLSPIN #71240459)

Price History

Date / Event Date Event Price
Sep 16, 2020 Sold
Premium
Sold
Jul 30, 2020 Listed by RE/MAX Advantage Real Estate $699,000
Listed by RE/MAX Advantage Real Estate
Oct 31, 2012 Sold
Premium
Sold
Apr 16, 2012 Listed by RE/MAX Advantage Real Estate $374,900
Listed by RE/MAX Advantage Real Estate
May 31, 2011 Listed by RE/MAX Advantage Real Estate $399,900
Listed by RE/MAX Advantage Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 15,002
  • Total Building Area: 2,608
  • Gross Building Area: 2,608
  • Building Area: 2,608
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,608
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 210200

Zoning

  • Zoning: R1

Geography

  • Account Number: 6512
  • Parcel: PEAB M:0057 B:0035
  • Block: 35
  • Municipality: PEABODY
  • Latitude: 42.5375
  • Longitude: -70.9944

    Address

  • Full Address: 4 Normandy Dr
  • Address - House Number: 4
  • Address - Street Name: Normandy
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C029
  • 4-Digit Zip Code: 3758
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $714,300

    Appraisal Valuation

  • Standard Deviation: 0.2127
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 894,703
  • High Value: 1,049,251
  • Low Value: 740,155

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $783,200
  • Assessed Land Value: $318,800
  • Assessed Improvements Value: $464,400

    Sales

  • Current Sale Contract Date: Sep 16, 2020
  • Current Sale Recording Date: Sep 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 616355
  • Previous Sale Recording Date: Oct 31, 2012
  • Previous Sale Amount: $344,350
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 14 days ago
Data Source: MLS PIN, MLS# 71240459

Frequently Asked Questions

When was property at 4 Normandy Drive built and last sold?
The property at 4 Normandy Drive was built in 1969 and last sold on Sep 16, 2020 for $725,000.
How much is this home worth?
The estimated value of the home located at 4 Normandy Drive is $708,050.
What are some comparable homes to 4 Normandy Drive?
There are currently no comparable homes to 4 Normandy Drive.
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