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Peabody 01960 West Peabody
4 Surrey Ln
Photo of 4 Surrey Ln
Sold on Aug 14, 2026

18

Map

Photo of 4 Surrey Ln
Photo of 4 Surrey Ln
$680,000
● House - Off Market

4 Surrey Ln

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,524 Ft²
$3,819
Est. Monthly

About This Property

Welcome to 4 Surrey Lane! Located in desirable West Peabody on a level corner lot with a fenced in back yard.  This home is 1 minute walk to the Burke Elementary school. Enjoy many recent updates including the kitchen, roof, large family room, central HVAC, electric & tankless gas hot water system. With 7 rooms, 3 bedrooms & 1.5 baths on 17,842 sq/ft of land, spread out and enjoy all the amenities this property offers. We are conveniently located near shopping, major highways, walking & biking trails. And don't forget the oversized garage!!!
Unit Size
1,524 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$446
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
1960

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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: 3 months ago (MLSPIN #73535700)

Price History

Date / Event Date Event Price
Aug 14, 2026 Sold
Premium
Sold
Jul 7, 2026 In contract -
In contract
Jun 22, 2026 Listed by Palmer Russell Company $679,900
Listed by Palmer Russell Company
Jul 31, 2015 Sold
Premium
Sold
Apr 22, 2015 Listed by Palmer Russell Company $379,000
Listed by Palmer Russell Company
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 17,842
  • Total Building Area: 1,272
  • Gross Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,272
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KNOLLWOOD HEIGHTS
  • Land Acres: 0000000410
  • 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: 1550
  • Parcel: PEAB M:0008 B:0067
  • Block: 67
  • Municipality: PEABODY
  • Latitude: 42.5614
  • Longitude: -71.0271

    Address

  • Full Address: 4 Surrey Ln
  • Address - House Number: 4
  • Address - Street Name: Surrey
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Peabody
  • Carrier Code: C030
  • 4-Digit Zip Code: 2032
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $511,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 654,892
  • High Value: 771,776
  • Low Value: 538,009

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $560,600
  • Assessed Land Value: $321,500
  • Assessed Improvements Value: $239,100

    Sales

  • Current Sale Recording Date: Jul 31, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 376
  • Previous Sale Recording Date: Sep 14, 1994
  • Previous Sale Amount: $159,500
  • Previous Sale Document Type: 27
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:

$732,500

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2127 ft²

Average Home Age

53.5 years

Currently For Sale

12 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: 3 months ago
Data Source: MLS PIN, MLS# 73535700

Frequently Asked Questions

When was property at 4 Surrey Lane built and last sold?
The property at 4 Surrey Lane was built in 1960 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 4 Surrey Lane is $659,679.
What are some comparable homes to 4 Surrey Lane?
There are currently no comparable homes to 4 Surrey Lane.
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