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Peabody 01960 Proctor
54 Forest Street
$602,000
● House - Off Market

54 Forest Street

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,464 Ft²
$551,744
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model

About This Property

Great Location In the Emerson Park area will fill all your needs .  This neat cape cod style home offers a custom kitchen and 2 custom designed bathrooms. Lots of hard wood floors and extra large upstairs bedrooms. Generous yard that has a wood deck overlooking. Location is primo for any commuter on any route. Not far from commuter rail, golf course, shopping, downtown, bike and walking trails so come down and check this cute cape.  Showings start Saturday 12-130 and Sunday 12-130. PLEASE PARK ACROSS AT SIDE STREET.  OFFER, IF ANY DUE TUES AT 12 NOON
Unit Size
1,464 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$376
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1950

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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 #73104547)

Price History

Date / Event Date Event Price
Jun 9, 2023 Sold
Premium
Sold
May 4, 2023 In contract -
In contract
Apr 28, 2023 Listed by LAER Realty Partners $549,900
Listed by LAER Realty Partners

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 0

    Dimensions

  • Lot Size Square Feet: 5,502
  • Total Building Area: 1,464
  • Gross Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,464
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • 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: 8618
  • Parcel: PEAB M:0073 B:0126
  • Block: 126
  • Municipality: PEABODY
  • Latitude: 42.5296
  • Longitude: -70.9493

    Address

  • Full Address: 54 Forest St
  • Address - House Number: 54
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C032
  • 4-Digit Zip Code: 4133
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $456,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1731
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 613,832
  • High Value: 720,111
  • Low Value: 507,554

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $500,400
  • Assessed Land Value: $201,400
  • Assessed Improvements Value: $299,000

    Sales

  • Current Sale Contract Date: Jun 09, 2023
  • Current Sale Recording Date: Jun 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230609001640
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# 73104547

Frequently Asked Questions

When was property at 54 Forest Street built and last sold?
The property at 54 Forest Street was built in 1950 and last sold on Jun 9, 2023 for $602,000.
How much is this home worth?
The estimated value of the home located at 54 Forest Street is $562,664.
What are some comparable homes to 54 Forest Street?
There are currently no comparable homes to 54 Forest Street.
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