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Peabody 01960 Proctor
50 Trask Road
$590,000
● House - Off Market

50 Trask Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,432 Ft²
$568,776
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

Fabulous opportunity for one level living in an awesome West Peabody neighborhood abutting Salem Country Club! This great property has beautiful curb appeal, an inviting floor plan, a private fenced back yard with patio area, and best yet, the interior is completely updated! The gorgeous kitchen is open to the dining room and flows out to the backyard for dinners al fresco, firepit parties, and winter nights star gazing in the hot tub. The spacious primary suite (1/2 bath with laundry) is tucked away for privacy and has great closet space. Set less than 1.5 miles to the North Shore Mall, zip up to NH, ME or down to Boston in no time. There's so much to love, you won't want to miss this amazing property!
Unit Size
1,432 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$376
Property Type
House
Property Taxes
$371
HOA Dues
-
Year Built
1957

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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 #73020340)

Price History

Date / Event Date Event Price
Sep 9, 2022 Sold
Premium
Sold
Aug 2, 2022 Listed by Lux Realty North Shore $539,000
Listed by Lux Realty North Shore
Oct 20, 2016 Sold
Premium
Sold
Aug 16, 2016 Listed by Lux Realty North Shore $379,900
Listed by Lux Realty North Shore
Jun 1, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 2003
  • 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: 19
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,339
  • Total Building Area: 1,432
  • Gross Building Area: 1,432
  • Building Area: 1,432
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,432
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGEFIELD PEABODY
  • Land Acres: 0000000260
  • 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: 210302

Zoning

  • Zoning: R1B

Geography

  • Account Number: 6726
  • Parcel: PEAB M:0060 B:0005
  • Block: 5
  • Municipality: PEABODY
  • Latitude: 42.5336
  • Longitude: -70.9626

    Address

  • Full Address: 50 Trask Rd
  • Address - House Number: 50
  • Address - Street Name: Trask
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C048
  • 4-Digit Zip Code: 2740
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $489,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 638,992
  • High Value: 756,754
  • Low Value: 521,231

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $537,200
  • Assessed Land Value: $303,200
  • Assessed Improvements Value: $234,000

    Sales

  • Current Sale Contract Date: Sep 09, 2022
  • Current Sale Recording Date: Sep 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 230
  • Previous Sale Recording Date: Oct 20, 2016
  • Previous Sale Amount: $369,000
  • Previous Sale Document Type: O
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:

$599,900

Sale Price/ft²

$375

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1730 ft²

Average Home Age

78.4 years

Currently For Sale

16 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# 73020340

Frequently Asked Questions

When was property at 50 Trask Road built and last sold?
The property at 50 Trask Road was built in 1957 and last sold on Sep 9, 2022 for $590,000.
How much is this home worth?
The estimated value of the home located at 50 Trask Road is $541,534.
What are some comparable homes to 50 Trask Road?
There are currently no comparable homes to 50 Trask Road.
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