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Peabody 01960 South Peabody
5 Gemma Dr
Photo of 5 Gemma Dr
Sold on May 23, 2008

1

Map

$448,800
● House - Off Market

5 Gemma Dr

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,080 Ft²
$944,530
RealtyHop Estimate
97.27%
Since Jun 1, 2008
MA-Boston
Primary Model

About This Property

This Brick Front, Center Entrance Colonial is Professionally Landscaped with an irrigation system. The interior offers a Master BedRoom Suite with full bath and walk-in closet. Most rooms are Professionally, Custom Painted. The Living Room offers a Fire Place and a glass sliding door to the rear deck. A Laundry area is incorporated in the first floor half bath. There is a walk-out Fam Rm in the Bsmt. This elegant property is situated on a cul-de-sac road with newer and equally fine homes.
Unit Size
2,080 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$230
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1995

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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 #70724342)

Price History

Date / Event Date Event Price
May 23, 2008 Sold
Premium
Sold
Mar 10, 2008 Listed $478,800
Listed
Apr 15, 1998 Sold
Premium
Sold
Dec 14, 1995 Sold
Premium
Sold
Jan 21, 1995 Listed $229,900
Listed
HILLCREST ACRES, PHASE II. NEW CUL DE SAC SUBDIVISION. 5 DIFFERENT STYLE HOMES TO CHOOSE FROM. A MUST SEE!

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 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: 10,001
  • Total Building Area: 2,080
  • Gross Building Area: 2,080
  • Building Area: 2,080
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,080
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 210500

Zoning

  • Zoning: R1

Geography

  • Account Number: 13975
  • Parcel: PEAB M:0108 B:0397
  • Block: 397
  • Municipality: PEABODY
  • Latitude: 42.5092
  • Longitude: -70.9601

    Address

  • Full Address: 5 Gemma Dr
  • Address - House Number: 5
  • Address - Street Name: Gemma
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C008
  • 4-Digit Zip Code: 6264
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $678,800

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 850,775
  • High Value: 980,224
  • Low Value: 721,326

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $744,300
  • Assessed Land Value: $297,500
  • Assessed Improvements Value: $446,800

    Sales

  • Current Sale Recording Date: May 23, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 82321
  • Previous Sale Recording Date: Apr 15, 1998
  • Previous Sale Amount: $273,000
  • Previous Sale Document Type: 48
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 South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$403

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2244 ft²

Average Home Age

71 years

Currently For Sale

13 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: 4 months ago
Data Source: MLS PIN, MLS# 70724342

Frequently Asked Questions

When was property at 5 Gemma Drive built and last sold?
The property at 5 Gemma Drive was built in 1995 and last sold on Jan 1, 1970 for $4,488,000.
How much is this home worth?
The estimated value of the home located at 5 Gemma Drive is $826,740.
What are some comparable homes to 5 Gemma Drive?
There are currently no comparable homes to 5 Gemma Drive.
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