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Peabody 01960 South Peabody
4 Oak Ave
$310,000
● House - Off Market

4 Oak Ave

Peabody, MA 01960
bedrooms
2 Beds
bathrooms
1 Bath
square feet
800 Ft²
$486,784
RealtyHop Estimate
47.55%
Since Mar 1, 2019
MA-Boston
Primary Model

About This Property

South Peabody Cape!!  Easy access to highways and home is on a dead end street. This property features a nice level back yard, the home features are a deck on the back of the house, new heating system, and electrical system, and a newer roof. Put heat on the second floor with city approval for two more bedrooms and add 400 feet to overall sq./ft. Subject to obtaining a license to sell from the Essex County Probate and Family Court. Estate Sale.
Unit Size
800 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$412
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1957

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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 #72417122)

Price History

Date / Event Date Event Price
Feb 8, 2019 Sold
Premium
Sold
Oct 29, 2018 Listed by LDL Realty, LLC $329,900
Listed by LDL Realty, LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 12,676
  • Total Building Area: 1,612
  • Gross Building Area: 1,612
  • Building Area: 1,612
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,612
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000291
  • 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: R1

Geography

  • Account Number: 14497
  • Parcel: PEAB M:0115 B:0005
  • Block: 5
  • Municipality: PEABODY
  • Latitude: 42.5075
  • Longitude: -70.9607

    Address

  • Full Address: 4 Oak Ave
  • Address - House Number: 4
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C008
  • 4-Digit Zip Code: 6241
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $540,900

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 686,265
  • High Value: 794,664
  • Low Value: 577,867

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $593,100
  • Assessed Land Value: $234,400
  • Assessed Improvements Value: $358,700

    Sales

  • Current Sale Contract Date: Feb 08, 2019
  • Current Sale Recording Date: Feb 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190208001980
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

2112 ft²

Average Home Age

75.5 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72417122

Frequently Asked Questions

When was property at 4 Oak Avenue built and last sold?
The property at 4 Oak Avenue was built in 1957 and last sold on Feb 8, 2019 for $310,000.
How much is this home worth?
The estimated value of the home located at 4 Oak Avenue is $332,833.
What are some comparable homes to 4 Oak Avenue?
There are currently no comparable homes to 4 Oak Avenue.
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