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Peabody 01960 West Peabody
5 Martin Circle
$312,500
● House - Off Market

5 Martin Circle

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,344 Ft²
$671,952
RealtyHop Estimate
103.68%
Since Jul 1, 2012
MA-Boston
Primary Model

About This Property

Wonderful opportunity to own a Full Basement Ranch.  Fantastic West Peabody LOCATION with a ABSOLUTELY beautiful yard for family fun! First floor family room addition. Hardwood flooring and lots of updates including roof , heating, water heater, windows and maintanance free vinyl siding.  May need some interior cosmetic updates but well worth the investment!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$245
Property Type
House
Property Taxes
$268
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: 5 months ago (MLSPIN #71361869)

Price History

Date / Event Date Event Price
Jun 22, 2012 Sold
Premium
Sold
Apr 3, 2012 Listed by Coldwell Banker Residential Brokerage - Lynnfield $329,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,111
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRIFFEN PARK
  • Land Acres: 0000000347
  • 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: 210100

Zoning

  • Zoning: R1

Geography

  • Account Number: 2871
  • Parcel: PEAB M:0018 B:0055
  • Block: 55
  • Municipality: PEABODY
  • Latitude: 42.555
  • Longitude: -70.9882

    Address

  • Full Address: 5 Martin Cir
  • Address - House Number: 5
  • Address - Street Name: Martin
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Peabody
  • Carrier Code: C035
  • 4-Digit Zip Code: 1248
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $538,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 708,634
  • High Value: 825,573
  • Low Value: 591,695

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $589,900
  • Assessed Land Value: $318,900
  • Assessed Improvements Value: $271,000

    Sales

  • Current Sale Recording Date: Jun 22, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
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:

$735,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2199 ft²

Average Home Age

54.4 years

Currently For Sale

8 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: 5 months ago
Data Source: MLS PIN, MLS# 71361869

Frequently Asked Questions

When was property at 5 Martin Circle built and last sold?
The property at 5 Martin Circle was built in 1960 and last sold on Jan 1, 1970 for $312,500.
How much is this home worth?
The estimated value of the home located at 5 Martin Circle is $337,692.
What are some comparable homes to 5 Martin Circle?
There are currently no comparable homes to 5 Martin Circle.
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