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Peabody 01960 South Peabody
6 Arnold Rd
$370,000
● House - Off Market

6 Arnold Rd

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,524 Ft²
$506,842
RealtyHop Estimate
58.39%
Since Jun 1, 2017
MA-Boston
Primary Model

About This Property

MULTIPLE OFFER NOTIFICATION - Highest and best due no later than 03/29 11AM. Get into Peabody for a very affordable price. 320K will get you 4 bedrooms, 1.5 baths, large level yard, 1 car garage and yet living room and dining room space. Property features gleaming hardwood floors, recently painted interior, granite counter top, newer stainless steel appliances and newer tiled bathroom. Need more space? Basement is ready to be finished. Property does need some cosmetics but can shine again with some love. Easy to show. Call for details!
Unit Size
1,524 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$210
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1945

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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: 5 months ago (MLSPIN #72134764)

Price History

Date / Event Date Event Price
May 31, 2017 Sold
Premium
Sold
Mar 23, 2017 Listed by United Brokers $320,000
Listed by United Brokers
Nov 9, 2016 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 200
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 1,524
  • Gross Building Area: 1,524
  • Building Area: 1,524
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,524
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: R1A

Geography

  • Account Number: 13867
  • Parcel: PEAB M:0108 B:0288
  • Block: 288
  • Municipality: PEABODY
  • Latitude: 42.5136
  • Longitude: -70.9516

    Address

  • Full Address: 6 Arnold Rd
  • Address - House Number: 6
  • Address - Street Name: Arnold
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C061
  • 4-Digit Zip Code: 5204
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $506,400

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 639,985
  • High Value: 754,208
  • Low Value: 525,762

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $555,300
  • Assessed Land Value: $242,800
  • Assessed Improvements Value: $312,500

    Sales

  • Current Sale Recording Date: May 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 861
  • Previous Sale Recording Date: Nov 09, 2016
  • Previous Sale Amount: $330,790
  • Previous Sale Document Type: 34
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

$400

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1909 ft²

Average Home Age

88.1 years

Currently For Sale

13 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: 5 months ago
Data Source: MLS PIN, MLS# 72134764

Frequently Asked Questions

When was property at 6 Arnold Road built and last sold?
The property at 6 Arnold Road was built in 1945 and last sold on Jan 1, 1970 for $370,000.
How much is this home worth?
The estimated value of the home located at 6 Arnold Road is $340,823.
What are some comparable homes to 6 Arnold Road?
There are currently no comparable homes to 6 Arnold Road.
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