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Peabody 01960 West Peabody
5 Beeman Rd
$749,000
● House - Off Market

5 Beeman Rd

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,880 Ft²
$782,587
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

WEST PEABODY!! This Over sized 4 Bedroom, 2 full Bathroom Gambrel\Dutch style home has views of Winona Pond. With Potential for Extended Family Living. The home sits on a well-maintained lawn and has Two screened-in sizable porch for those summer nights. Excessive windows throughout the house with an abundance of natural light. This home has hardwood, tile & marble floors all through the home. Walking enthusiasts  will enjoy the path around the Lake. Close to all major highways, shops, public schools and golf courses. Must see in person to appreciate the home and neighborhood. Open House Saturday 6/11 at 11:30-1:00 & Sunday 6/12 at 11:30-1:00
Unit Size
2,880 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$260
Property Type
House
Property Taxes
$448
HOA Dues
-
Year Built
1960

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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 #72987331)

Price History

Date / Event Date Event Price
Aug 4, 2022 Sold
Premium
Sold
May 25, 2022 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $749,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,721
  • Total Building Area: 2,880
  • Gross Building Area: 2,880
  • Building Area: 2,880
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,880
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000522
  • 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: 210200

Zoning

  • Zoning: R1

Geography

  • Account Number: 6355
  • Parcel: PEAB M:0055 B:0022
  • Block: 22
  • Municipality: PEABODY
  • Latitude: 42.5368
  • Longitude: -71.0141

    Address

  • Full Address: 5 Beeman Rd
  • Address - House Number: 5
  • Address - Street Name: Beeman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C040
  • 4-Digit Zip Code: 4611
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $640,000

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 808,894
  • High Value: 938,065
  • Low Value: 679,722

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $701,800
  • Assessed Land Value: $326,100
  • Assessed Improvements Value: $375,700

    Sales

  • Current Sale Contract Date: Aug 03, 2022
  • Current Sale Recording Date: Aug 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 638356
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 West Peabody

Stats & Trends

Median Asking:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2537 ft²

Average Home Age

48.3 years

Currently For Sale

7 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72987331

Frequently Asked Questions

When was property at 5 Beeman Road built and last sold?
The property at 5 Beeman Road was built in 1960 and last sold on Aug 3, 2022 for $749,000.
How much is this home worth?
The estimated value of the home located at 5 Beeman Road is $769,408.
What are some comparable homes to 5 Beeman Road?
There are currently no comparable homes to 5 Beeman Road.
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