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Peabody 01960 Peabody Town Center
5 Driscoll St
$290,000
● House - Off Market

5 Driscoll St

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,408 Ft²
$521,526
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

Move right into this well cared for home.  Lovingly maintained Colonial on a beautiful manicured lot with grapevines on the Salem Peabody line. Open flow layout with hardwood flooring and convenient first floor laundry in half bath. Spacious bedrooms, newer roof and siding, plenty of off street parking, newer appliances and owners are ready to pass on the family home so make an appointment today to view this wonderful home. First showing Thursday 7/16.  6:30pm to 7:30pm please email or text that you are coming or sending a buyer.
Unit Size
1,408 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$213
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1900

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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 #71871996)

Price History

Date / Event Date Event Price
Sep 30, 2015 Sold
Premium
Sold
Jul 11, 2015 Listed by Dacey Realty, LLC $299,900
Listed by Dacey Realty, LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • 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: 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: 4,578
  • Total Building Area: 1,408
  • Gross Building Area: 1,408
  • Building Area: 1,408
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,408
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000105
  • 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: 9897
  • Parcel: PEAB M:0076 B:0302
  • Block: 302
  • Municipality: PEABODY
  • Latitude: 42.5294
  • Longitude: -70.9156

    Address

  • Full Address: 5 Driscoll St
  • Address - House Number: 5
  • Address - Street Name: Driscoll
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C007
  • 4-Digit Zip Code: 1915
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $429,900
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 569,245
  • High Value: 659,159
  • Low Value: 479,330

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $471,400
  • Assessed Land Value: $198,500
  • Assessed Improvements Value: $272,900

    Sales

  • Current Sale Recording Date: Sep 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 231
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:

$549,900

Sale Price/ft²

$387

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1522 ft²

Average Home Age

83 years

Currently For Sale

23 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: 6 months ago
Data Source: MLS PIN, MLS# 71871996

Frequently Asked Questions

When was property at 5 Driscoll Street built and last sold?
The property at 5 Driscoll Street was built in 1900 and last sold on Jan 1, 1970 for $290,000.
How much is this home worth?
The estimated value of the home located at 5 Driscoll Street is $316,735.
What are some comparable homes to 5 Driscoll Street?
There are currently no comparable homes to 5 Driscoll Street.
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