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Peabody 01960 Peabody Town Center
6 Lenox Road
$143,000
● House - Off Market

6 Lenox Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,028 Ft²
$649,481
RealtyHop Estimate
354.50%
Since Jul 1, 1995
MA-Boston
Primary Model

About This Property

CHARMING HOME IN DESIRABLE GARDNER PARK. NATURAL WOODWORK AND HARDWOOD FLOORS, DINING ROOM W/BUILT -IN CHINA CABINET ENCLOSED PORCH, THERMOPANE WINDOWS.
Unit Size
1,028 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$139
Property Type
House
Property Taxes
$96
HOA Dues
-
Year Built
1925

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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 years ago (MLSPIN #30042109)

Price History

Date / Event Date Event Price
May 14, 2021 Sold
Premium
Sold
Apr 7, 2021 Listed by Buyers Choice Realty $540,000
Listed by Buyers Choice Realty
Jun 30, 1995 Sold
Premium
Sold
Apr 18, 1995 Listed by Buyers Choice Realty $142,900
Listed by Buyers Choice Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 18
  • 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: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,592
  • Gross Building Area: 1,592
  • Building Area: 1,592
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,592
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 210900

Zoning

  • Zoning: R1A

Geography

  • Account Number: 7797
  • Parcel: PEAB M:0065 B:0159
  • Block: 159
  • Municipality: PEABODY
  • Latitude: 42.5376
  • Longitude: -70.9191

    Address

  • Full Address: 6 Lenox Rd
  • Address - House Number: 6
  • Address - Street Name: Lenox
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C012
  • 4-Digit Zip Code: 1817
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $498,100

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 653,740
  • High Value: 767,155
  • Low Value: 540,324

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $546,200
  • Assessed Land Value: $220,000
  • Assessed Improvements Value: $326,200

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210514001930
  • Previous Sale Recording Date: Jun 30, 1995
  • Previous Sale Amount: $143,000
  • 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 Peabody Town Center

Stats & Trends

Median Asking:

$555,000

Sale Price/ft²

$387

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1593 ft²

Average Home Age

75.1 years

Currently For Sale

14 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30042109

Frequently Asked Questions

When was property at 6 Lenox Road built and last sold?
The property at 6 Lenox Road was built in 1925 and last sold on May 14, 2021 for $600,000.
How much is this home worth?
The estimated value of the home located at 6 Lenox Road is $547,569.
What are some comparable homes to 6 Lenox Road?
There are currently no comparable homes to 6 Lenox Road.
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