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Peabody 01960 Peabody Town Center
6 Lincoln Road
$629,900
● House - Off Market

6 Lincoln Road

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,003 Ft²
$956,057
RealtyHop Estimate
49.41%
Since May 1, 2018
MA-Boston
Primary Model

About This Property

Perfectly maintained 11 room Family Colonial features 3 bedrooms, 3 1/2 baths, gourmet kitchen with double oven, dining area, custom built-ins and ceramic tile flooring, double French doors to amazing, heated sunroom leading to deck, formal dining room, 1st floor family room with double sided fireplace open to living room, hardwood flooring, master bedroom with sitting area, walk-in closet and out-of-a-magazine private, oversized bath with whirlpool tub, separate, steam shower and double sink vanity, crown molding throughout, desirable, attached 3 room apartment for extended living, central air (2 units), security system, two laundry hook-ups, large, level yard, one car attached garage, located on side street.   IMPRESSIVE - You won't be disappointed!
Unit Size
4,003 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$160
Property Type
House
Property Taxes
$546
HOA Dues
-
Year Built
1951

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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 #72197528)

Price History

Date / Event Date Event Price
Apr 17, 2018 Sold
Premium
Sold
Jul 13, 2017 Listed by Carpenito Real Estate, Inc. $639,900
Listed by Carpenito Real Estate, Inc.
May 7, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 1,145
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,921
  • Total Building Area: 4,003
  • Gross Building Area: 4,003
  • Building Area: 4,003
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,003
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000365
  • 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: 7673
  • Parcel: PEAB M:0065 B:0034
  • Block: 34
  • Municipality: PEABODY
  • Latitude: 42.5344
  • Longitude: -70.9202

    Address

  • Full Address: 6 Lincoln Rd
  • Address - House Number: 6
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C007
  • 4-Digit Zip Code: 3230
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $831,700

    Appraisal Valuation

  • Standard Deviation: 0.1584
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,000,236
  • High Value: 1,158,817
  • Low Value: 841,655

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $911,900
  • Assessed Land Value: $249,400
  • Assessed Improvements Value: $662,500

    Sales

  • Current Sale Recording Date: Apr 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180417004240
  • Previous Sale Recording Date: May 07, 1992
  • Previous Sale Amount: $133,500
  • 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:

$569,950

Sale Price/ft²

$390

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1595 ft²

Average Home Age

72.7 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

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: 5 months ago
Data Source: MLS PIN, MLS# 72197528

Frequently Asked Questions

When was property at 6 Lincoln Road built and last sold?
The property at 6 Lincoln Road was built in 1951 and last sold on Jan 1, 1970 for $629,900.
How much is this home worth?
The estimated value of the home located at 6 Lincoln Road is $688,562.
What are some comparable homes to 6 Lincoln Road?
There are currently no comparable homes to 6 Lincoln Road.
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