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Peabody 01960 Peabody Town Center
59 Gardner Street
$379,000
● House - Off Market

59 Gardner Street

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,600 Ft²
$620,649
RealtyHop Estimate
63.76%
Since Feb 1, 2017
MA-Boston
Primary Model

About This Property

Charming sun-filled turn of the century colonial located in desirable Gardner Park. This home is perfect for holiday entertaining with large rooms and high ceilings. Dining room (11x18) with built in china closet and huge living room (12x25)  can accommodate those large family gatherings. Entryway boasts a beautiful wood stairwell that leads to upstairs bedrooms.  Roof & heat approximately 10-15 yrs, chimney rebuilt and central- air. Partially fenced in yard with 2 car garage and attached storage shed.  Convenient to highways, train station and shopping. This home needs updating but well worth the effort.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$237
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1915

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72083620)

Price History

Date / Event Date Event Price
Jan 6, 2017 Sold
Premium
Sold
Oct 18, 2016 Listed by J. Barrett & Company $379,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 7
  • 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: 18
  • 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: 150
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,261
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ON GARDNER PARK SEC B FINAL PL
  • Land Acres: 0000000167
  • 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: 210900

Zoning

  • Zoning: R1A

Geography

  • Account Number: 7743
  • Parcel: PEAB M:0065 B:0105
  • Block: 105
  • Municipality: PEABODY
  • Latitude: 42.5355
  • Longitude: -70.9215

    Address

  • Full Address: 59 Gardner St
  • Address - House Number: 59
  • Address - Street Name: Gardner
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C004
  • 4-Digit Zip Code: 1803
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $468,300

    Appraisal Valuation

  • Standard Deviation: 0.2262
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 68
  • Final Value: 634,324
  • High Value: 777,901
  • Low Value: 490,747

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $513,500
  • Assessed Land Value: $213,500
  • Assessed Improvements Value: $300,000

    Sales

  • Current Sale Recording Date: Jan 06, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 410
  • Previous Sale Recording Date: Jan 19, 2010
  • 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 Peabody Town Center

Stats & Trends

Median Asking:

$560,000

Sale Price/ft²

$388

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1593 ft²

Average Home Age

75.1 years

Currently For Sale

14 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72083620

Frequently Asked Questions

When was property at 59 Gardner Street built and last sold?
The property at 59 Gardner Street was built in 1915 and last sold on Jan 1, 1970 for $379,000.
How much is this home worth?
The estimated value of the home located at 59 Gardner Street is $396,038.
What are some comparable homes to 59 Gardner Street?
There are currently no comparable homes to 59 Gardner Street.
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