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Peabody 01960 West Peabody
6 George Road
$430,000
● House - Off Market

6 George Road

Peabody, MA 01960
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,450 Ft²
$708,934
RealtyHop Estimate
55.84%
Since Oct 1, 2017
MA-Boston
Primary Model

About This Property

BEAUTIFULLY MAINTAINED 11 ROM FULL BASEMENT RANCH IN WEST PEABODY......WITH FULL 2-3 BEDOOM AU PAIR SUITE IN BASEMENT...CENTRAL AIR THROUGHOUT...HW FLOORS 3 FULL BATHS. JACUZZI TUB, NEW 9X20  DECK,   LARGE ENCLOSED PORCH, CATHRDRAL CEILINGS,6 CEILING FANS, LARGE LEVEL LOT  FENCED IN        , CIRCULAR DRIVEWAY WITH LOTS OF PARKING, , WORKSHOP, 2 LAUNDRY ROOMS, AND MUCH MORE MORE.....BEAUTIFUL HOME IN A GREAT LOCATION....GREAT FOR THE EXTENDED FAMILY       A MUST SEE
Unit Size
2,450 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$186
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1959

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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 #72151387)

Price History

Date / Event Date Event Price
Sep 15, 2017 Sold
Premium
Sold
Apr 22, 2017 Listed by Red Coach Realty $454,900
Listed by Red Coach Realty
Oct 12, 2012 Sold
Premium
Sold
Sep 24, 2012 Listed by Red Coach Realty $329,900
Listed by Red Coach Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 526
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 17,498
  • Total Building Area: 1,534
  • Gross Building Area: 1,534
  • Building Area: 1,534
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,534
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000402
  • 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: 210200

Zoning

  • Zoning: R1

Geography

  • Account Number: 4156
  • Parcel: PEAB M:0032 B:0011
  • Block: 11
  • Municipality: PEABODY
  • Latitude: 42.5469
  • Longitude: -71.0196

    Address

  • Full Address: 6 George Rd
  • Address - House Number: 6
  • Address - Street Name: George
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C031
  • 4-Digit Zip Code: 4506
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $581,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 706,618
  • High Value: 829,207
  • Low Value: 584,028

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $637,600
  • Assessed Land Value: $321,100
  • Assessed Improvements Value: $316,500

    Sales

  • Current Sale Recording Date: Sep 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 265
  • Previous Sale Recording Date: Oct 12, 2012
  • Previous Sale Amount: $322,000
  • 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 West Peabody

Stats & Trends

Median Asking:

$735,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2193 ft²

Average Home Age

52.7 years

Currently For Sale

7 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: 4 months ago
Data Source: MLS PIN, MLS# 72151387

Frequently Asked Questions

When was property at 6 George Road built and last sold?
The property at 6 George Road was built in 1959 and last sold on Jan 1, 1970 for $439,900.
How much is this home worth?
The estimated value of the home located at 6 George Road is $459,581.
What are some comparable homes to 6 George Road?
There are currently no comparable homes to 6 George Road.
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