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Peabody 01960 Peabody Town Center
5 Margin Terrace
Photo of 5 Margin Terrace
Sold on Dec 14, 2007

1

Map

$357,000
● House - Off Market

5 Margin Terrace

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,464 Ft²
$708,863
RealtyHop Estimate
96.91%
Since Jan 1, 2008
MA-Boston
Primary Model

About This Property

Do not miss seeing this beautifully landscaped cape in a great family neighborhood. This home features many updates including 2 renovated bathrooms, a new deck with jacuzzi, gorgeous updated kitchen, a built-in Plasma Elite TV with Bose Audio Sound, newer windows and so many other updates. This charming home is situated on registered Land. Nothing to do but move in and ENJOY.
Unit Size
1,464 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$246
Property Type
House
Property Taxes
$228
HOA Dues
-
Year Built
1950

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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: 5 months ago (MLSPIN #70631769)

Price History

Date / Event Date Event Price
Dec 14, 2007 Sold
Premium
Sold
Aug 15, 2007 Listed $360,000
Listed
Jan 21, 2005 Sold
Premium
Sold
Dec 13, 2004 Listed by Century 21 N. Shore $379,000
Listed by Century 21 N. Shore
Registered Land
May 30, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 1,464
  • Gross Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,464
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 6308
  • Parcel: PEAB M:0054 B:0176
  • Block: 176
  • Municipality: PEABODY
  • Latitude: 42.541
  • Longitude: -70.9181

    Address

  • Full Address: 5 Margin Ter
  • Address - House Number: 5
  • Address - Street Name: Margin
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Peabody
  • Carrier Code: C012
  • 4-Digit Zip Code: 1857
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $506,100

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 662,874
  • High Value: 777,875
  • Low Value: 547,874

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $554,900
  • Assessed Land Value: $227,600
  • Assessed Improvements Value: $327,300

    Sales

  • Current Sale Recording Date: Dec 14, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 82005
  • Previous Sale Recording Date: Dec 14, 2007
  • Previous Sale Amount: $357,000
  • 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 Peabody Town Center

Stats & Trends

Median Asking:

$579,900

Sale Price/ft²

$388

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1534 ft²

Average Home Age

76.1 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# 70631769

Frequently Asked Questions

When was property at 5 Margin Terrace built and last sold?
The property at 5 Margin Terrace was built in 1950 and last sold on Jan 1, 1970 for $357,000.
How much is this home worth?
The estimated value of the home located at 5 Margin Terrace is $373,561.
What are some comparable homes to 5 Margin Terrace?
There are currently no comparable homes to 5 Margin Terrace.
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