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Peabody 01960 Proctor
40 Trask Road
$281,000
● House - Off Market

40 Trask Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,415 Ft²
$592,892
RealtyHop Estimate
97.70%
Since May 1, 2013
MA-Boston
Primary Model

About This Property

Desirable one level living in this great ranch style home. Sunny fireplaced living room, updated baths, lots of closet space, spacious family room off kitchen leads to attached garage, lots of off street parking, large private yard bordering conservation land and all located in a wonderful neighborhood in a convenient commuter's location! Seller to find suitable housing.
Unit Size
1,415 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$212
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
1958

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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 #71486159)

Price History

Date / Event Date Event Price
Apr 30, 2013 Sold
Premium
Sold
Feb 25, 2013 Listed by Gannon Real Estate $299,900
Listed by Gannon Real Estate
Nov 15, 1995 Sold
Premium
Sold
Aug 4, 1995 Listed by Gannon Real Estate $164,900
Listed by Gannon Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 13,216
  • Total Building Area: 1,703
  • Gross Building Area: 1,703
  • Building Area: 1,703
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,703
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000303
  • 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: 6830
  • Parcel: PEAB M:0061 B:0020
  • Block: 20
  • Municipality: PEABODY
  • Latitude: 42.5334
  • Longitude: -70.9611

    Address

  • Full Address: 40 Trask Rd
  • Address - House Number: 40
  • Address - Street Name: Trask
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C048
  • 4-Digit Zip Code: 2740
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $537,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1669
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 675,990
  • High Value: 788,856
  • Low Value: 563,125

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $589,600
  • Assessed Land Value: $311,200
  • Assessed Improvements Value: $278,400

    Sales

  • Current Sale Recording Date: Apr 30, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Nov 15, 1995
  • Previous Sale Amount: $157,000
  • 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 Proctor

Stats & Trends

Median Asking:

$604,450

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1885 ft²

Average Home Age

78.7 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71486159

Frequently Asked Questions

When was property at 40 Trask Road built and last sold?
The property at 40 Trask Road was built in 1958 and last sold on Jan 1, 1970 for $281,000.
How much is this home worth?
The estimated value of the home located at 40 Trask Road is $309,478.
What are some comparable homes to 40 Trask Road?
There are currently no comparable homes to 40 Trask Road.
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