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Peabody 01960 Proctor
459 Lowell Street
$305,000
● House - Off Market

459 Lowell Street

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,404 Ft²
$671,817
RealtyHop Estimate
107.35%
Since Jun 1, 2012
MA-Boston
Primary Model

About This Property

Meticulously maintained full basement ranch featuring a bright open living area/dining room with wood floor, crown moldings, wainscoting & recessed lighting. French doors opening to a large eat in kitchen with granite counter tops.  Spacious bedrooms and master half bath.  LL family room offers wet bar, half bath, playroom and more.  Sliders to a beautiful 2 tier deck with built in bench seats, oversized patio, plus shed. Breezeway leads to oversized two car garage with 2nd floor storage loft.
Unit Size
1,404 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$231
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1934

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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: 6 months ago (MLSPIN #71344451)

Price History

Date / Event Date Event Price
May 25, 2012 Sold
Premium
Sold
Feb 29, 2012 Listed by RE/MAX Advantage Real Estate $324,000
Listed by RE/MAX Advantage Real Estate
Dec 19, 2006 Sold
Premium
Sold
May 22, 2006 Listed by RE/MAX Advantage Real Estate $359,900
Listed by RE/MAX Advantage Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1988
  • 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: 16
  • 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: 572
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,382
  • Total Building Area: 1,404
  • Gross Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,404
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEABODY
  • Land Acres: 0000000468
  • 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: 210301

Zoning

  • Zoning: R1B

Geography

  • Account Number: 5601
  • Parcel: PEAB M:0049 B:0004
  • Block: 4
  • Municipality: PEABODY
  • Latitude: 42.5409
  • Longitude: -70.9706

    Address

  • Full Address: 459 Lowell St
  • Address - House Number: 459
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C005
  • 4-Digit Zip Code: 2748
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $556,700

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 680,706
  • High Value: 798,800
  • Low Value: 562,612

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $610,400
  • Assessed Land Value: $291,500
  • Assessed Improvements Value: $318,900

    Sales

  • Current Sale Recording Date: May 25, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Dec 19, 2006
  • Previous Sale Amount: $344,900
  • 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:

$599,999

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1831 ft²

Average Home Age

73.4 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: 6 months ago
Data Source: MLS PIN, MLS# 71344451

Frequently Asked Questions

When was property at 459 Lowell Street built and last sold?
The property at 459 Lowell Street was built in 1934 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 459 Lowell Street is $336,583.
What are some comparable homes to 459 Lowell Street?
There are currently no comparable homes to 459 Lowell Street.
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