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Peabody 01960 Proctor
4 Philip Ave.
Photo of 4 Philip Ave.
Sold on Jun 17, 2011

1

Map

$325,000
● House - Off Market

4 Philip Ave.

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,646 Ft²
$678,122
RealtyHop Estimate
105.55%
Since Jul 1, 2011
MA-Boston
Primary Model

About This Property

ESTATE SALE IN DESIRABLE ROLLING HILLS. THIS BEAUTIFULLY MAINTAINED SPLIT ENTRY OFFERS AN OPEN FLOOR PLAN, 3 SPACIOUS BEDROOMS, 2.5 BATHS, FIREPLACED LIVINGROOM, FIREPLACED DEN IN BASEMENT, HARDWOOD FLOORS IN BEDROOMS, CHARMING 3 SEASON PORCH, NEW BURNER/OILTANK/OIL LINES/HOT WATER TANK, HEATED 2 CAR GARAGE, SECURITY SYSTEM, CENTRAL A/C, 16 x 32 INGROUND POOL, SEPARATE FENCED IN BACKYARD W/SHED, UNDERGROUND SPRINKLER SYSTEM.THIS NEIGHBORHOOD IS FILLED W/YOUNGER FAMILIES AWAITING YOUR ADDITION!
Unit Size
1,646 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$200
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1962

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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: 5 months ago (MLSPIN #71238566)

Price History

Date / Event Date Event Price
Jun 17, 2011 Sold
Premium
Sold
May 25, 2011 Listed by Picture Perfect Properties $329,900
Listed by Picture Perfect Properties

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • Exterior Walls Type: 23
  • 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: 350
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,646
  • Gross Building Area: 1,646
  • Building Area: 1,646
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,646
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING HILLS DEV CORP
  • Land Acres: 0000000230
  • 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: 210302

Zoning

  • Zoning: R1B

Geography

  • Account Number: 6675
  • Parcel: PEAB M:0059 B:0056
  • Block: 56
  • Municipality: PEABODY
  • Latitude: 42.5362
  • Longitude: -70.9771

    Address

  • Full Address: 4 Philip Ave
  • Address - House Number: 4
  • Address - Street Name: Philip
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C022
  • 4-Digit Zip Code: 2629
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $539,500

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 712,525
  • High Value: 839,695
  • Low Value: 585,355

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $591,600
  • Assessed Land Value: $297,500
  • Assessed Improvements Value: $294,100

    Sales

  • Current Sale Recording Date: Jun 17, 2011
  • Current Sale Price:
    Premium
  • Current 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 Proctor

Stats & Trends

Median Asking:

$592,000

Sale Price/ft²

$380

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1790 ft²

Average Home Age

67.8 years

Currently For Sale

21 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: 5 months ago
Data Source: MLS PIN, MLS# 71238566

Frequently Asked Questions

When was property at 4 Philip Avenue built and last sold?
The property at 4 Philip Avenue was built in 1962 and last sold on Jan 1, 1970 for $325,000.
How much is this home worth?
The estimated value of the home located at 4 Philip Avenue is $348,225.
What are some comparable homes to 4 Philip Avenue?
There are currently no comparable homes to 4 Philip Avenue.
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