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Peabody 01960 South Peabody
6 Gedney Drive
$520,000
● House - Off Market

6 Gedney Drive

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,728 Ft²
$827,927
RealtyHop Estimate
50.56%
Since Apr 1, 2018
MA-Boston
Primary Model

About This Property

BEAUTIFUL 3 Bedroom, 2 1/2 bath COLONIAL located in newer BOULDERWOOD development. SPACIOUS Country Kitchen with beam ceilings, GRANITE Countertops, STAINLESS STEEL Appliances & CENTER ISLAND, Front to Back Living Room and Dining Rooms with sliders to lovely DECK, Large Picture Windows & Custom Window Treatments, HARDWOOD FLOORS throughout!  Finished Lower Level with OFFICE & Kitchenette and access to GARAGE. CENTRAL AIR CONDITIONING, Professional Landscaping, DECORATIVE lighting,
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$318
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
2014

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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: 4 months ago (MLSPIN #72271383)

Price History

Date / Event Date Event Price
Mar 16, 2018 Sold
Premium
Sold
Jan 17, 2018 Listed by Northrup Associates $549,900
Listed by Northrup Associates
Feb 27, 2015 Sold
Premium
Sold
Oct 24, 2014 Listed by Northrup Associates $409,900
Listed by Northrup Associates

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,180
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000234
  • 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

  • Parcel: PEAB M:0114 B:0099
  • Block: 99
  • Municipality: PEABODY
  • Latitude: 42.5066
  • Longitude: -70.9656

    Address

  • Full Address: 6 Gedney Dr
  • Address - House Number: 6
  • Address - Street Name: Gedney
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C008
  • 4-Digit Zip Code: 4514
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $615,200

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 782,385
  • High Value: 906,362
  • Low Value: 658,409

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $674,600
  • Assessed Land Value: $298,300
  • Assessed Improvements Value: $376,300

    Sales

  • Current Sale Recording Date: Mar 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180316001140
  • Previous Sale Recording Date: Feb 27, 2015
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: O
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

$405

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2130 ft²

Average Home Age

79.5 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: 4 months ago
Data Source: MLS PIN, MLS# 72271383

Frequently Asked Questions

When was property at 6 Gedney Drive built and last sold?
The property at 6 Gedney Drive was built in 2014 and last sold on Jan 1, 1970 for $520,000.
How much is this home worth?
The estimated value of the home located at 6 Gedney Drive is $554,504.
What are some comparable homes to 6 Gedney Drive?
There are currently no comparable homes to 6 Gedney Drive.
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