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Peabody 01960 West Peabody
5 Villa Lane
Photo of 5 Villa Lane
Sold on Jul 29, 2025

31

Map

Photo of 5 Villa Lane
Photo of 5 Villa Lane
$688,888
● House - Off Market

5 Villa Lane

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,560 Ft²
$3,550
Est. Monthly
5.61%
Cap Rate

About This Property

Welcome to your sweet Ranch-style home in a wonderful and quiet West Peabody neighborhood near local schools. Lovingly cared for, this 3 Bedroom / 1.5 Bath home features a living room, large eat-in-kitchen, pantry, and Huge family room addition on the back. NEW Roof (1 yr old). FHW heat with new boiler. Enjoy the two wood-burning fireplaces, plenty of closets, 1 car attached garage and lovely front and backyard.  Come bring your personal style and make this home your own, The layout is fantastic and room sizes are generous!  Property is being sold as-is. Showings to take place during Open Houses on Fri, Sat and Sun.  Offers, if any, due on Monday 6/30 at 2PM.
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$401
Property Type
House
Property Taxes
$480
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: 2 years ago (MLSPIN #73395998)

Price History

Date / Event Date Event Price
Jul 29, 2025 Sold
Premium
Sold
Jul 3, 2025 In contract -
In contract
Jun 24, 2025 Listed $625,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,599
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000358
  • 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: 1125
  • Parcel: PEAB M:0004 B:0045
  • Block: 45
  • Municipality: PEABODY
  • Latitude: 42.5627
  • Longitude: -71.0264

    Address

  • Full Address: 5 Villa Ln
  • Address - House Number: 5
  • Address - Street Name: Villa
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Peabody
  • Carrier Code: C030
  • 4-Digit Zip Code: 2013
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $508,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 673,083
  • High Value: 779,399
  • Low Value: 566,767

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $558,000
  • Assessed Land Value: $319,300
  • Assessed Improvements Value: $238,700
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

2127 ft²

Average Home Age

53.5 years

Currently For Sale

12 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

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73395998

Frequently Asked Questions

When was property at 5 Villa Lane built and last sold?
The property at 5 Villa Lane was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5 Villa Lane is $627,556.
What are some comparable homes to 5 Villa Lane?
There are currently no comparable homes to 5 Villa Lane.
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