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Peabody 01960 South Peabody
6 Maple St
$375,000
● House - Off Market

6 Maple St

Peabody, MA 01960
bedrooms
2 Beds
bathrooms
1 Bath
square feet
822 Ft²
$376,223
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

Charming 5 room bungalow with detached garage. Eat-in kitchen and living room with bow window. 1st floor family room. 1st floor laundry. 2 bedrooms on 2nd floor with hardwood floors. Weil McClain Gold heating system. Recently painted and ready to move in. Good things come in small packages! Most upgrades were done in 1986. Unique old world character and modern convenience. Great location in South Peabody convenient to shopping and major routes. A short distance to the ocean and all the Northshore amenities.
Unit Size
822 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$426
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1915

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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 #73055949)

Price History

Date / Event Date Event Price
Dec 20, 2022 Sold
Premium
Sold
Nov 17, 2022 In contract -
In contract
Nov 7, 2022 Listed by Austin Realty Group $349,900
Listed by Austin Realty Group

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 100
  • 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: 4,400
  • Total Building Area: 822
  • Gross Building Area: 822
  • Building Area: 822
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 822
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000101
  • 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: R1A

Geography

  • Account Number: 12695
  • Parcel: PEAB M:0102 B:0166
  • Block: 166
  • Municipality: PEABODY
  • Latitude: 42.5142
  • Longitude: -70.9503

    Address

  • Full Address: 6 Maple St
  • Address - House Number: 6
  • Address - Street Name: Maple
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C061
  • 4-Digit Zip Code: 5251
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $359,500

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 488,323
  • High Value: 565,456
  • Low Value: 411,191

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $394,200
  • Assessed Land Value: $215,500
  • Assessed Improvements Value: $178,700

    Sales

  • Current Sale Contract Date: Dec 20, 2022
  • Current Sale Recording Date: Dec 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221220001680
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

47

Average Home Size

2244 ft²

Average Home Age

71 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73055949

Frequently Asked Questions

When was property at 6 Maple Street built and last sold?
The property at 6 Maple Street was built in 1915 and last sold on Dec 20, 2022 for $375,000.
How much is this home worth?
The estimated value of the home located at 6 Maple Street is $356,669.
What are some comparable homes to 6 Maple Street?
There are currently no comparable homes to 6 Maple Street.
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