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Peabody 01960 Proctor
5 Thorndike St.
$361,000
● House - Off Market

5 Thorndike St.

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,100 Ft²
$622,846
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

This home is a charming "Four Square" colonial with period details and built-ins. The fireplaced living room and dining room have hardwood floors. Enjoy 3 bedrooms, a walk up attic and 1 and 1/2 baths. French doors lead to the  sun room and on to a level fenced yard and gardens. This charmer is well located on a one way street and within walking distance to all amenities. New fence.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$171
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1930

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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 #71840035)

Price History

Date / Event Date Event Price
Jul 8, 2015 Sold
Premium
Sold
May 19, 2015 Listed by J. Barrett & Company $359,000
Listed by J. Barrett & Company
May 28, 2008 Sold
Premium
Sold
Dec 11, 2007 Listed by J. Barrett & Company $299,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 5
  • 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: 144
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,279
  • Total Building Area: 2,120
  • Gross Building Area: 2,120
  • Building Area: 2,120
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,120
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000121
  • 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: 210402

Zoning

  • Zoning: R1A

Geography

  • Account Number: 9058
  • Parcel: PEAB M:0074 B:0199
  • Block: 199
  • Municipality: PEABODY
  • Latitude: 42.531
  • Longitude: -70.9398

    Address

  • Full Address: 5 Thorndike St
  • Address - House Number: 5
  • Address - Street Name: Thorndike
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C044
  • 4-Digit Zip Code: 4209
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $556,000

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 68
  • Final Value: 699,385
  • High Value: 857,689
  • Low Value: 541,082

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $609,600
  • Assessed Land Value: $222,200
  • Assessed Improvements Value: $387,400

    Sales

  • Current Sale Recording Date: Jul 08, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 118
  • Previous Sale Recording Date: May 28, 2008
  • Previous Sale Amount: $273,000
  • 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 Proctor

Stats & Trends

Median Asking:

$595,000

Sale Price/ft²

$380

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1805 ft²

Average Home Age

66 years

Currently For Sale

20 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: 5 months ago
Data Source: MLS PIN, MLS# 71840035

Frequently Asked Questions

When was property at 5 Thorndike Street built and last sold?
The property at 5 Thorndike Street was built in 1930 and last sold on Jan 1, 1970 for $361,000.
How much is this home worth?
The estimated value of the home located at 5 Thorndike Street is $382,165.
What are some comparable homes to 5 Thorndike Street?
There are currently no comparable homes to 5 Thorndike Street.
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