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Peabody 01960 West Peabody
5 Packard Rd
$401,500
● House - Off Market

5 Packard Rd

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,800 Ft²
$698,910
RealtyHop Estimate
75.17%
Since Dec 1, 2015
MA-Boston
Primary Model

About This Property

New Competitive price ****West Peabody**** Perfect home for Today's Lifestyle*** 3 bedroom 1.5 bath ranch with a finished Lower Level, garage and backyard retreat.   Flexible Living Space & Open Floor Plan offers Plenty of Room to Entertain inside and out ** The main level offers an Open Kitchen/Dining area and a First Floor Great Room with Cathedral Ceiling (which doubles as a formal dining room for the current owners.) Retreat to the lower level Bonus Room for watching the big game or entertaining your extended family or friends. Hardwood Flooring, Central a/c, Fireplaced Living Room and Security System. Outside you'll find a Newly Painted Exterior and New Front Porch. Lots of storage, separate laundry room and garage too!  This Is A Great Place To Call Home!  All offers presented on 10/24/15 at 5:00 P.M.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$222
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1959

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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: 4 months ago (MLSPIN #71913407)

Price History

Date / Event Date Event Price
Nov 30, 2015 Sold
Premium
Sold
Oct 1, 2015 Listed by RE/MAX Andrew Realty Services $399,000
Listed by RE/MAX Andrew Realty Services
May 26, 2004 Sold
Premium
Sold
Mar 6, 2004 Listed by RE/MAX Andrew Realty Services $379,900
Listed by RE/MAX Andrew Realty Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • 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: 18
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,211
  • Gross Building Area: 1,211
  • Building Area: 1,211
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,211
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 210200

Zoning

  • Zoning: R1

Geography

  • Account Number: 4097
  • Parcel: PEAB M:0031 B:0095
  • Block: 95
  • Municipality: PEABODY
  • Latitude: 42.5455
  • Longitude: -71.022

    Address

  • Full Address: 5 Packard Rd
  • Address - House Number: 5
  • Address - Street Name: Packard
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C031
  • 4-Digit Zip Code: 4533
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $554,600

    Appraisal Valuation

  • Standard Deviation: 0.1726
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 684,827
  • High Value: 803,122
  • Low Value: 566,533

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $608,100
  • Assessed Land Value: $318,800
  • Assessed Improvements Value: $289,300

    Sales

  • Current Sale Recording Date: Nov 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 292
  • Previous Sale Recording Date: May 26, 2004
  • Previous Sale Amount: $363,000
  • Previous Sale Document Type: 27
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

48

Average Home Size

2404 ft²

Average Home Age

51.1 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71913407

Frequently Asked Questions

When was property at 5 Packard Road built and last sold?
The property at 5 Packard Road was built in 1959 and last sold on Jan 1, 1970 for $401,500.
How much is this home worth?
The estimated value of the home located at 5 Packard Road is $419,144.
What are some comparable homes to 5 Packard Road?
There are currently no comparable homes to 5 Packard Road.
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