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Peabody 01960 West Peabody
5 Robert Rd
$525,000
● House - Off Market

5 Robert Rd

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,462 Ft²
$842,796
RealtyHop Estimate
56.10%
Since Nov 1, 2017
MA-Boston
Primary Model

About This Property

OPEN HOUSE Sat 9/9 11:00-1:00, Sun 9/10 1:30-3. NEW PRICE, Motivated Seller! Beautiful home in the heart of West Peabody. Freshly painted and all hardwood floors refinished! Plenty of cabinets in this spacious eat in kitchen offering ss appliances, recessed lighting, skylights and french doors to your deck overlooking a beautiful inground pool! Over sized dining room with wet bar and wine chiller. Front to back living room and first floor full bath. Second floor offers front to back master, two spacious bedrooms and a 3/4 bath. Finished basement offers a bedroom, 3/4 bath, additional living space and a separate entrance/exit. Central air, fenced in yard and 2 sheds. This serene lot measures over half an acre for family fun and entertaining.
Unit Size
2,462 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$219
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1980

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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 #72220125)

Price History

Date / Event Date Event Price
Oct 20, 2017 Sold
Premium
Sold
Aug 29, 2017 Listed by Coldwell Banker Residential Brokerage - Lynnfield $539,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield
Dec 12, 2007 Sold
Premium
Sold
Oct 25, 2007 Listed by Coldwell Banker Residential Brokerage - Lynnfield $362,500
Listed by Coldwell Banker Residential Brokerage - Lynnfield
Apr 30, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 25,021
  • Total Building Area: 2,014
  • Gross Building Area: 2,014
  • Building Area: 2,014
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,014
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WENTWORTH FARMS
  • Land Acres: 0000000574
  • 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: 1828
  • Parcel: PEAB M:0009 B:0155
  • Block: 155
  • Municipality: PEABODY
  • Latitude: 42.5615
  • Longitude: -71.014

    Address

  • Full Address: 5 Robert Rd
  • Address - House Number: 5
  • Address - Street Name: Robert
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C027
  • 4-Digit Zip Code: 1057
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $687,600

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 820,171
  • High Value: 962,310
  • Low Value: 678,032

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $754,000
  • Assessed Land Value: $328,300
  • Assessed Improvements Value: $425,700

    Sales

  • Current Sale Recording Date: Oct 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 171020001630
  • Previous Sale Recording Date: Dec 12, 2007
  • Previous Sale Amount: $380,000
  • 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

50

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# 72220125

Frequently Asked Questions

When was property at 5 Robert Road built and last sold?
The property at 5 Robert Road was built in 1980 and last sold on Jan 1, 1970 for $525,000.
How much is this home worth?
The estimated value of the home located at 5 Robert Road is $561,262.
What are some comparable homes to 5 Robert Road?
There are currently no comparable homes to 5 Robert Road.
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