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Peabody 01960 West Peabody
593 Lowell St
$372,593
● House - Off Market

593 Lowell St

Peabody, MA 01960
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
970 Ft²
$528,649
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

OPEN House Sunday 4/30 1-3 Immaculate & COMPLETELY renovated 2+ bedroom Ranch in West Peabody convenient to everything (highway for commuters) -  gleaming hardwood throughout - Long list of updates & renovations  including roof, siding, windows, Central Air, oil tank, irrigation system w/separate meter, hot water heater, sewer pipe, French drain, and pool filter & liner- Finished heated basement  for a 3rd bedroom  or additional living space. Enjoy your morning coffee in the beautiful glass Florida room showcasing a private in-ground  pool abutting conservation land -  also a circular driveway enables easy access and exit on Lowell Street - all offers will be presented on Tuesday, May 2  6 PM - see Firm Remarks
Unit Size
970 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$348
Property Type
House
Property Taxes
$245
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: 6 months ago (MLSPIN #72152146)

Price History

Date / Event Date Event Price
Jun 12, 2017 Sold
Premium
Sold
Apr 20, 2017 Listed by J. Barrett & Company $337,500
Listed by J. Barrett & Company

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 9,422
  • Total Building Area: 970
  • Gross Building Area: 970
  • Building Area: 970
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 970
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000216
  • 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: 3407
  • Parcel: PEAB M:0025 B:0038
  • Block: 38
  • Municipality: PEABODY
  • Latitude: 42.5486
  • Longitude: -70.991

    Address

  • Full Address: 593 Lowell St
  • Address - House Number: 593
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C050
  • 4-Digit Zip Code: 2332
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $453,400

    Appraisal Valuation

  • Standard Deviation: 0.1586
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 642,645
  • High Value: 744,626
  • Low Value: 540,663

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $497,200
  • Assessed Land Value: $265,500
  • Assessed Improvements Value: $231,700

    Sales

  • Current Sale Recording Date: Jun 12, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 353
  • Previous Sale Recording Date: May 20, 2014
  • 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 West Peabody

Stats & Trends

Median Asking:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2331 ft²

Average Home Age

52.7 years

Currently For Sale

10 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: 6 months ago
Data Source: MLS PIN, MLS# 72152146

Frequently Asked Questions

When was property at 593 Lowell Street built and last sold?
The property at 593 Lowell Street was built in 1950 and last sold on Jan 1, 1970 for $372,593.
How much is this home worth?
The estimated value of the home located at 593 Lowell Street is $344,089.
What are some comparable homes to 593 Lowell Street?
There are currently no comparable homes to 593 Lowell Street.
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