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Peabody 01960 Peabody Town Center
47 Driscoll St
$365,000
● House - Off Market

47 Driscoll St

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,320 Ft²
$540,269
RealtyHop Estimate
48.02%
Since Oct 1, 2018
MA-Boston
Primary Model

About This Property

First time Home Buyers.....look no more....Peabody Bungalow home in a very convenient location.  This 3 bdrm, 2 bath home is cozy and charming.  An enclosed front porch, 1 bedroom, living room ,dining room and 1 bath all on one level.  Second floor 2 bdrm, 1 bath and "bonus Space" .  All on a corner lot, with a fenced in backyard and Patio, Fruit trees and wonderful garden area. Detached 1 car garage and carport, which needs repair.  Newer gas heating system only 3 yrs old.  This homes had good bones and worth the value in this great Peabody location.
Unit Size
1,320 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$277
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
1925

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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: 5 months ago (MLSPIN #72356527)

Price History

Date / Event Date Event Price
Sep 5, 2018 Sold
Premium
Sold
Jul 3, 2018 Listed by Keller Williams Realty Evolution $365,000
Listed by Keller Williams Realty Evolution
Mar 21, 2003 Sold
Premium
Sold
Jan 10, 2003 Listed by Keller Williams Realty Evolution $319,900
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 18
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 5,611
  • Total Building Area: 1,320
  • Gross Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000129
  • 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: 210900

Zoning

  • Zoning: R1A

Geography

  • Account Number: 9759
  • Parcel: PEAB M:0076 B:0184
  • Block: 184
  • Municipality: PEABODY
  • Latitude: 42.5318
  • Longitude: -70.915

    Address

  • Full Address: 47 Driscoll St
  • Address - House Number: 47
  • Address - Street Name: Driscoll
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C007
  • 4-Digit Zip Code: 1939
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $442,500

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 582,214
  • High Value: 689,512
  • Low Value: 474,916

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $485,200
  • Assessed Land Value: $205,600
  • Assessed Improvements Value: $279,600

    Sales

  • Current Sale Recording Date: Sep 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180905002400
  • Previous Sale Recording Date: Mar 21, 2003
  • Previous Sale Amount: $315,000
  • 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 Peabody Town Center

Stats & Trends

Median Asking:

$555,000

Sale Price/ft²

$387

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1611 ft²

Average Home Age

70.1 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# 72356527

Frequently Asked Questions

When was property at 47 Driscoll Street built and last sold?
The property at 47 Driscoll Street was built in 1925 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 47 Driscoll Street is $373,171.
What are some comparable homes to 47 Driscoll Street?
There are currently no comparable homes to 47 Driscoll Street.
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