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Peabody 01960 West Peabody
6 Martin Circle
$425,000
● House - Off Market

6 Martin Circle

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,684 Ft²
$756,436
RealtyHop Estimate
82.32%
Since Oct 1, 2014
MA-Boston
Primary Model

About This Property

Inviting walkway and front stairs with this fabulous full basement ranch on horse shoe street!  Hardwood floors, central air, security, sprinkler system, garden shed and fenced yard. First floor family with cathedral ceilings and sliders lead to oversized, 30x18, composite deck. 3 Good size bedrooms with half bath off master.  Open floor plan between living room, dining area and kitchen with living room boasting a picture window and brick fireplace and dining area boasting a bay window. 1 Car, electric eye garage leads directly into house, convenient mud room and a desirable 10x6 cedar closet with ceramic tile floor.  Lower level has full bath offering extended family living option.  Heat 2003, HW 2010, roof 2009. Electrical upgraded to 200 A CB. This one is a keeper!
Unit Size
1,684 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$246
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71709993)

Price History

Date / Event Date Event Price
Sep 30, 2014 Sold
Premium
Sold
Jul 8, 2014 Listed by RE/MAX Advantage Real Estate $414,900
Listed by RE/MAX Advantage Real Estate
Jul 16, 2010 Sold
Premium
Sold
Apr 25, 2010 Listed by RE/MAX Advantage Real Estate $419,900
Listed by RE/MAX Advantage Real Estate
Jul 27, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,371
  • Gross Building Area: 1,371
  • Building Area: 1,371
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,371
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRIFFEN PARK
  • Land Acres: 0000000344
  • 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: 210100

Zoning

  • Zoning: R1

Geography

  • Account Number: 2832
  • Parcel: PEAB M:0018 B:0027
  • Block: 27
  • Municipality: PEABODY
  • Latitude: 42.5554
  • Longitude: -70.9883

    Address

  • Full Address: 6 Martin Cir
  • Address - House Number: 6
  • Address - Street Name: Martin
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Peabody
  • Carrier Code: C035
  • 4-Digit Zip Code: 1247
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $587,000

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 773,949
  • High Value: 896,767
  • Low Value: 651,131

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $643,600
  • Assessed Land Value: $318,800
  • Assessed Improvements Value: $324,800

    Sales

  • Current Sale Recording Date: Sep 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 93000723
  • Previous Sale Recording Date: Jul 16, 2010
  • Previous Sale Amount: $393,000
  • 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 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71709993

Frequently Asked Questions

When was property at 6 Martin Circle built and last sold?
The property at 6 Martin Circle was built in 1960 and last sold on Jan 1, 1970 for $425,000.
How much is this home worth?
The estimated value of the home located at 6 Martin Circle is $426,411.
What are some comparable homes to 6 Martin Circle?
There are currently no comparable homes to 6 Martin Circle.
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