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Peabody 01960 South Peabody
6 Abby Ellen Lane
$715,000
● House - Off Market

6 Abby Ellen Lane

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,348 Ft²
$902,319
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

GEORGOUS OVERSIZED SPLIT ENTRY home with 4+ bedrooms and 3 bathrooms in one of PEABODY'S FINEST NEIGHBORHOODS. This move-in ready home has gleaming hardwood throughout the first floor which features the living room, dining room, eat-in kitchen (tiled), Master Bedroom with his and her closets with a Master Bathroom, two good size bedrooms and a main bathroom.  The lower-level has a huge family room, his and hers offices, bathroom, laundry room, a bonus/exercise room, and the fourth bedroom.  The lower level has walk out access to the patio under the deck to the backyard, and walk out access to the oversized two car garage.  This beautiful home has recessed lightning in main living areas, irrigation system, newer triple-pane windows and roof.  PLEASE PRE-APPROVALS ONLY FOR PRIVATE APPOINTMENTS!
Unit Size
3,348 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$209
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
1991

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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 #72711762)

Price History

Date / Event Date Event Price
Oct 9, 2020 Sold
Premium
Sold
Aug 18, 2020 Listed by A. James Lynch, Inc. $699,900
Listed by A. James Lynch, Inc.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • 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: 1,500
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,094
  • Total Building Area: 3,212
  • Gross Building Area: 3,212
  • Building Area: 3,212
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,212
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEABODY
  • Land Acres: 0000000301
  • 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: 210500

Zoning

  • Zoning: R1

Geography

  • Account Number: 13574
  • Parcel: PEAB M:0107 B:0201
  • Block: 201
  • Municipality: PEABODY
  • Latitude: 42.5113
  • Longitude: -70.9668

    Address

  • Full Address: 6 Abby Ellen Ln
  • Address - House Number: 6
  • Address - Street Name: Abby Ellen
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Peabody
  • Carrier Code: C039
  • 4-Digit Zip Code: 5044
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $785,400

    Appraisal Valuation

  • Standard Deviation: 0.1733
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 958,347
  • High Value: 1,124,497
  • Low Value: 792,197

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $861,200
  • Assessed Land Value: $310,700
  • Assessed Improvements Value: $550,500

    Sales

  • Current Sale Contract Date: Oct 07, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201009007130
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 South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$397

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1781 ft²

Average Home Age

97.6 years

Currently For Sale

15 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: 6 months ago
Data Source: MLS PIN, MLS# 72711762

Frequently Asked Questions

When was property at 6 Abby Ellen Lane built and last sold?
The property at 6 Abby Ellen Lane was built in 1991 and last sold on Oct 7, 2020 for $715,000.
How much is this home worth?
The estimated value of the home located at 6 Abby Ellen Lane is $740,500.
What are some comparable homes to 6 Abby Ellen Lane?
There are currently no comparable homes to 6 Abby Ellen Lane.
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