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Peabody 01960 South Peabody
5 Newhall Place
$425,000
● House - Off Market

5 Newhall Place

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,364 Ft²
$643,648
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

Are you looking for a home that offers a wonderfully quiet location. This tastefully remodeled home is situated at the end of Newhall Place. The home is complimented by a renovated kitchen which boasts an island and custom cabinets, marble counters & subway backsplash. Recent updates include 1st floor bath, new gas heating system & plumbing. Hardwood flooring on both levels,  Brand new front stairs and railings lead to the bright, enclosed front porch. The 2nd floor mbedroom is both oversized and adjoined by the 2nd fully finished bathroom. Deck overlooks a large, private backyard, 3 car driveway, garage and custom storage shed.
Unit Size
1,364 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$330
Property Type
House
Property Taxes
$320
HOA Dues
-
Year Built
1920

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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 #72526716)

Price History

Date / Event Date Event Price
Aug 22, 2019 Sold
Premium
Sold
Jun 27, 2019 Listed by Neil Real Estate $449,900
Listed by Neil Real Estate
Aug 29, 2014 Sold
Premium
Sold
Jun 9, 2014 Listed by Neil Real Estate $315,000
Listed by Neil Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,560
  • Total Building Area: 1,064
  • Gross Building Area: 1,064
  • Building Area: 1,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,064
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000311
  • 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: 12446
  • Parcel: PEAB M:0101 B:0139
  • Block: 139
  • Municipality: PEABODY
  • Latitude: 42.5158
  • Longitude: -70.9565

    Address

  • Full Address: 5 Newhall Pl
  • Address - House Number: 5
  • Address - Street Name: Newhall
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Peabody
  • Carrier Code: C045
  • 4-Digit Zip Code: 5145
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $473,800

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 621,596
  • High Value: 724,172
  • Low Value: 519,020

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $519,500
  • Assessed Land Value: $247,400
  • Assessed Improvements Value: $272,100

    Sales

  • Current Sale Contract Date: Aug 20, 2019
  • Current Sale Recording Date: Aug 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190822004010
  • Previous Sale Recording Date: Aug 29, 2014
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 35
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

$405

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2130 ft²

Average Home Age

79.5 years

Currently For Sale

15 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# 72526716

Frequently Asked Questions

When was property at 5 Newhall Place built and last sold?
The property at 5 Newhall Place was built in 1920 and last sold on Aug 20, 2019 for $425,000.
How much is this home worth?
The estimated value of the home located at 5 Newhall Place is $454,589.
What are some comparable homes to 5 Newhall Place?
There are currently no comparable homes to 5 Newhall Place.
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