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Peabody 01960 Peabody Town Center
62 Walsh Ave
$438,000
● House - Off Market

62 Walsh Ave

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,222 Ft²
$611,452
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

Wonderful 3 Bedroom Colonial 1 full bath and two half baths located in a desirable neighborhood.  There is a large open living room with fireplace and dining room off the living room. The dining room leads out to the new deck which overlooks the fenced in backyard.  There are three spacious bedrooms upstairs with a great closet space and hardwood floors throughout. All the doors and windows were replaced recently throughout the house. There is partially finished basement with half bath which also leads out to the backyard. This warm inviting home is move-in ready for you.
Unit Size
1,222 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$351
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1972

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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: 6 months ago (MLSPIN #72531691)

Price History

Date / Event Date Event Price
Aug 30, 2019 Sold
Premium
Sold
Jul 30, 2019 Sold
Premium
Sold
Jul 10, 2019 Listed by The Mega Group $429,000
Listed by The Mega Group

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,319
  • Total Building Area: 1,222
  • Gross Building Area: 1,222
  • Building Area: 1,222
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,222
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000122
  • 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: 7669
  • Parcel: PEAB M:0065 B:0030-A
  • Block: 30-A
  • Municipality: PEABODY
  • Latitude: 42.535
  • Longitude: -70.92

    Address

  • Full Address: 62 Walsh Ave
  • Address - House Number: 62
  • Address - Street Name: Walsh
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C007
  • 4-Digit Zip Code: 1910
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $481,300

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 638,507
  • High Value: 743,874
  • Low Value: 533,140

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $527,700
  • Assessed Land Value: $222,400
  • Assessed Improvements Value: $305,300

    Sales

  • Current Sale Contract Date: Aug 30, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190830008690
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:

$549,900

Sale Price/ft²

$387

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1406 ft²

Average Home Age

78.4 years

Currently For Sale

21 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: 6 months ago
Data Source: MLS PIN, MLS# 72531691

Frequently Asked Questions

When was property at 62 Walsh Avenue built and last sold?
The property at 62 Walsh Avenue was built in 1972 and last sold on Aug 30, 2019 for $438,000.
How much is this home worth?
The estimated value of the home located at 62 Walsh Avenue is $438,325.
What are some comparable homes to 62 Walsh Avenue?
There are currently no comparable homes to 62 Walsh Avenue.
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