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Peabody 01960 West Peabody
4 Stone Dr.
$513,000
● House - Off Market

4 Stone Dr.

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,054 Ft²
$769,764
RealtyHop Estimate
48.06%
Since Aug 1, 2018
MA-Boston
Primary Model

About This Property

Open House cancelled.  Wonderful, inviting,  West Peabody raised ranch with many updates.  The open floor plan allows for a wide sight range and a spacious feeling.  Updated white/granite/SS/recessed lighting in  kitchen with large L shaped island is great for entertaining.  Playroom off of kitchen leads to 14x15 deck overlooking nicely arranged backyard.  Three bedrooms and a full bath on the main level.  Family room,  4th bedroom and 3/4 bath on the lower level.  Fireplaces on both levels for those cold winter days and central air for our New England summers!  Two car garage for vehicles or use it as a workshop.
Unit Size
2,054 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$253
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1965

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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: 5 months ago (MLSPIN #72320719)

Price History

Date / Event Date Event Price
Jul 16, 2018 Sold
Premium
Sold
May 3, 2018 Listed by Del Realty, Inc. $519,900
Listed by Del Realty, Inc.
May 30, 2014 Sold
Premium
Sold
Feb 2, 2014 Listed by Del Realty, Inc. $416,000
Listed by Del Realty, Inc.
Jul 17, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 660
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,950
  • Gross Building Area: 1,950
  • Building Area: 1,950
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,950
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEABODY
  • 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: 210100

Zoning

  • Zoning: R1

Geography

  • Account Number: 1729
  • Parcel: PEAB M:0009 B:0052
  • Block: 52
  • Municipality: PEABODY
  • Latitude: 42.5601
  • Longitude: -71.0131

    Address

  • Full Address: 4 Stone Dr
  • Address - House Number: 4
  • Address - Street Name: Stone
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C027
  • 4-Digit Zip Code: 1124
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $584,300

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 769,746
  • High Value: 903,287
  • Low Value: 636,204

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $640,700
  • Assessed Land Value: $318,800
  • Assessed Improvements Value: $321,900

    Sales

  • Current Sale Recording Date: Jul 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180716001850
  • Previous Sale Recording Date: May 30, 2014
  • Previous Sale Amount: $395,000
  • 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:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2101 ft²

Average Home Age

53.6 years

Currently For Sale

11 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# 72320719

Frequently Asked Questions

When was property at 4 Stone Drive built and last sold?
The property at 4 Stone Drive was built in 1965 and last sold on Jan 1, 1970 for $513,000.
How much is this home worth?
The estimated value of the home located at 4 Stone Drive is $535,177.
What are some comparable homes to 4 Stone Drive?
There are currently no comparable homes to 4 Stone Drive.
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