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Peabody 01960 South Peabody
6 Druid Ave
$425,000
● House - Off Market

6 Druid Ave

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,421 Ft²
$586,172
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

Look no further with this wonderfully maintained 3 bedroom 1.5 Bath New England Cape in Peabody!  Gorgeous hardwood floors throughout,  plenty of rooms including a huge Dining Room, Living room and cozy Office with half bath and exterior access. The exterior is just as charming as the interior with 2 patios, well maintained yard, gardens, landscape and fenced-in yard.  Kick back in the private Hot Tub and keep all your tools handy in the large shed. A finished full basement is perfect for an in-home gym, game room or an office. Gas utilities, newer heat, hot water and 200 amp Circuit breakers. Nice side street, corner lot location and a commuter's paradise convenient to commuter rail, minutes to all major highways, and close to all North Shore Beaches. Checkout the low Taxes!!
Unit Size
1,421 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$289
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1944

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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 #72562402)

Price History

Date / Event Date Event Price
Nov 12, 2019 Sold
Premium
Sold
Sep 13, 2019 Listed by RE/MAX On the River, Inc. $410,000
Listed by RE/MAX On the River, Inc.
Aug 29, 2006 Sold
Premium
Sold
Jun 26, 2006 Listed by RE/MAX On the River, Inc. $329,900
Listed by RE/MAX On the River, Inc.
Jun 25, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • 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: 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,751
  • Total Building Area: 1,421
  • Gross Building Area: 1,421
  • Building Area: 1,421
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,421
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEABODY
  • Land Acres: 0000000086
  • 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: 210600

Zoning

  • Zoning: R1A

Geography

  • Account Number: 15540
  • Parcel: PEAB M:0124 B:0177
  • Block: 177
  • Municipality: PEABODY
  • Latitude: 42.4971
  • Longitude: -70.953

    Address

  • Full Address: 6 Druid Ave
  • Address - House Number: 6
  • Address - Street Name: Druid
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C009
  • 4-Digit Zip Code: 6654
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $436,500

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 614,880
  • High Value: 762,942
  • Low Value: 466,817

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $478,600
  • Assessed Land Value: $210,500
  • Assessed Improvements Value: $268,100

    Sales

  • Current Sale Contract Date: Nov 08, 2019
  • Current Sale Recording Date: Nov 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191112002670
  • Previous Sale Recording Date: Aug 29, 2006
  • Previous Sale Amount: $318,000
  • 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 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72562402

Frequently Asked Questions

When was property at 6 Druid Avenue built and last sold?
The property at 6 Druid Avenue was built in 1944 and last sold on Nov 8, 2019 for $425,500.
How much is this home worth?
The estimated value of the home located at 6 Druid Avenue is $418,269.
What are some comparable homes to 6 Druid Avenue?
There are currently no comparable homes to 6 Druid Avenue.
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