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Peabody 01960 South Peabody
4 Willis Rd
$329,900
● House - Off Market

4 Willis Rd

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,500 Ft²
$598,739
RealtyHop Estimate
81.49%
Since Sep 1, 2014
MA-Boston
Primary Model

About This Property

Location, location, location!  Situated in a quiet sought after South Peabody neighborhood, close to Routes 128 & 1...only steps to Raddin Road Park, featuring tennis and basketball courts & childrens' play area. This 4 bedroom home features numerous updates including gleaming HW floors (just refinished!), private level yard, 2 year old heating system, updated baths, newer windows, newly finished basement & professionally landscaped yard.  Open concept kitchen/living room with breakfast bar.  Beautiful 3 seasons porch that leads out to a freshly stained deck over looking a spacious back yard-great for entertaining!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$220
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1955

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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 #71719229)

Price History

Date / Event Date Event Price
Aug 25, 2014 Sold
Premium
Sold
Jul 25, 2014 Listed by BLC Real Estate, LLC $329,900
Listed by BLC Real Estate, LLC
Jun 26, 2006 Sold
Premium
Sold
May 21, 2006 Listed by BLC Real Estate, LLC $319,900
Listed by BLC Real Estate, LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,020
  • Total Building Area: 1,286
  • Gross Building Area: 1,286
  • Building Area: 1,286
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,286
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLAIR VILLAGE SEC 02
  • Land Acres: 0000000138
  • 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: 12488
  • Parcel: PEAB M:0101 B:0179
  • Block: 179
  • Municipality: PEABODY
  • Latitude: 42.5155
  • Longitude: -70.9578

    Address

  • Full Address: 4 Willis Rd
  • Address - House Number: 4
  • Address - Street Name: Willis
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C045
  • 4-Digit Zip Code: 5126
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $482,800

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 619,871
  • High Value: 730,504
  • Low Value: 509,238

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $529,400
  • Assessed Land Value: $227,800
  • Assessed Improvements Value: $301,600

    Sales

  • Current Sale Recording Date: Aug 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82500516
  • Previous Sale Recording Date: Jun 26, 2006
  • Previous Sale Amount: $327,000
  • 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 South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$405

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2161 ft²

Average Home Age

75.1 years

Currently For Sale

16 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# 71719229

Frequently Asked Questions

When was property at 4 Willis Road built and last sold?
The property at 4 Willis Road was built in 1955 and last sold on Jan 1, 1970 for $329,900.
How much is this home worth?
The estimated value of the home located at 4 Willis Road is $348,186.
What are some comparable homes to 4 Willis Road?
There are currently no comparable homes to 4 Willis Road.
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