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Peabody 01960 Proctor
47 Forest St
$395,000
● House - Off Market

47 Forest St

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,964 Ft²
$657,064
RealtyHop Estimate
64.35%
Since Jan 1, 2017
MA-Boston
Primary Model

About This Property

VERY MOTIVIATED SELLER!!  Don't miss the opportunity to move into this picture perfect renovated Cape. This lovely home features an updated eat-in kitchen, complete with granite counter tops and stainless appliances.  Sliders from the kitchen lead to a large deck, a paved patio area and a huge backyard perfect for entertaining. The family room is warm and inviting with a wood burning stove for those cold New England winters.  The ample sized first floor master bedroom includes a full bathroom and walk in closet. Plenty of storage throughout the whole house. The roof was replaced in 2009, the appliances in 2013, 3 zone heating.  Close to all major highways, restaurants and shopping.
Unit Size
1,964 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$204
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1949

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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: 4 months ago (MLSPIN #72083301)

Price History

Date / Event Date Event Price
Dec 19, 2016 Sold
Premium
Sold
Oct 19, 2016 Listed by RE/MAX Advantage Real Estate $399,800
Listed by RE/MAX Advantage Real Estate
Feb 15, 2008 Sold
Premium
Sold
Dec 28, 2007 Listed by RE/MAX Advantage Real Estate $254,900
Listed by RE/MAX Advantage Real Estate
Sep 30, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,963
  • Total Building Area: 1,964
  • Gross Building Area: 1,964
  • Building Area: 1,964
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,964
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000183
  • 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: 210402

Zoning

  • Zoning: R1A

Geography

  • Account Number: 8294
  • Parcel: PEAB M:0072 B:0055
  • Block: 55
  • Municipality: PEABODY
  • Latitude: 42.5291
  • Longitude: -70.9514

    Address

  • Full Address: 47 Forest St
  • Address - House Number: 47
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C032
  • 4-Digit Zip Code: 4139
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $511,400

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 697,280
  • High Value: 818,250
  • Low Value: 576,311

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $560,800
  • Assessed Land Value: $218,300
  • Assessed Improvements Value: $342,500

    Sales

  • Current Sale Recording Date: Dec 19, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 517
  • Previous Sale Recording Date: Feb 15, 2008
  • Previous Sale Amount: $235,000
  • 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:

$599,900

Sale Price/ft²

$375

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1730 ft²

Average Home Age

78.4 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72083301

Frequently Asked Questions

When was property at 47 Forest Street built and last sold?
The property at 47 Forest Street was built in 1949 and last sold on Jan 1, 1970 for $395,000.
How much is this home worth?
The estimated value of the home located at 47 Forest Street is $420,100.
What are some comparable homes to 47 Forest Street?
There are currently no comparable homes to 47 Forest Street.
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