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Peabody 01960 Peabody Town Center
43 Clement Avenue
$387,500
● House - Off Market

43 Clement Avenue

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,577 Ft²
$573,945
RealtyHop Estimate
48.11%
Since Jul 1, 2018
MA-Boston
Primary Model

About This Property

Here's your new home! Charming Colonial set on a corner lot near area amenities, commuter routes, and right up the street from Marrs Park. Featuring beautiful hardwood floors, this sunny home has a first level that includes a spacious kitchen with granite counters, full bath, a dining room, and a large living room opening to a classic 4 season sun porch. The 2nd level offers a home office, full bath, and 3 bedrooms including a master bedroom with private balcony. Other details include a full basement with laundry, plentiful parking, and a fenced-in yard with room for grilling, relaxing and entertaining. Welcome home to Peabody!
Unit Size
1,577 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$246
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1910

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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 #72310623)

Price History

Date / Event Date Event Price
Jun 21, 2018 Sold
Premium
Sold
Apr 18, 2018 Listed by LUX Realty North Shore $387,500
Listed by LUX Realty North Shore
Jun 16, 2014 Sold
Premium
Sold
Jan 24, 2014 Listed by LUX Realty North Shore $314,000
Listed by LUX Realty North Shore
Jun 19, 2012 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 121
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,612
  • Gross Building Area: 1,612
  • Building Area: 1,612
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,612
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEABODY
  • Land Acres: 0000000115
  • 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: 210700

Zoning

  • Zoning: R1

Geography

  • Account Number: 13010
  • Parcel: PEAB M:0104 B:0042
  • Block: 42
  • Municipality: PEABODY
  • Latitude: 42.5173
  • Longitude: -70.9274

    Address

  • Full Address: 43 Clement Ave
  • Address - House Number: 43
  • Address - Street Name: Clement
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C041
  • 4-Digit Zip Code: 6128
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $459,600

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 613,853
  • High Value: 726,981
  • Low Value: 500,724

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $503,900
  • Assessed Land Value: $201,400
  • Assessed Improvements Value: $302,500

    Sales

  • Current Sale Recording Date: Jun 21, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180621002630
  • Previous Sale Recording Date: Jun 16, 2014
  • Previous Sale Amount: $314,000
  • 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 Peabody Town Center

Stats & Trends

Median Asking:

$579,900

Sale Price/ft²

$388

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1534 ft²

Average Home Age

76.1 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72310623

Frequently Asked Questions

When was property at 43 Clement Avenue built and last sold?
The property at 43 Clement Avenue was built in 1910 and last sold on Jan 1, 1970 for $387,500.
How much is this home worth?
The estimated value of the home located at 43 Clement Avenue is $400,465.
What are some comparable homes to 43 Clement Avenue?
There are currently no comparable homes to 43 Clement Avenue.
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