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Peabody 01960 South Peabody
64 Emerson Avenue
$465,000
● House - Off Market

64 Emerson Avenue

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,365 Ft²
$525,736
RealtyHop Estimate
9.76%
Since Feb 1, 2022
MA-Boston
Primary Model

About This Property

South side Bungalow perfectly situated on a pleasant tree lined street.  Come FALL in love and enjoy the New Year with this caring loving & solid home with a beautiful large front porch at entry.  Hardwood flooring, high ceilings, 3 bdrms through out w a study, playroom  or office, 1.5 baths, kitchen needs sprucing but well with the effort, level yard and plenty of storage in basement.  With a little vision of sweat equity updates this home will not last on market. Heating system currently fueled by oil but has gas line option.  Waling trail at end of road.  ***Handicap accessible. *** Easy to show!
Unit Size
1,365 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$351
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1920

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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: 6 months ago (MLSPIN #72921313)

Price History

Date / Event Date Event Price
Jan 7, 2022 Sold
Premium
Sold
Nov 18, 2021 Listed by Century 21 North East $479,000
Listed by Century 21 North East

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,101
  • Total Building Area: 1,365
  • Gross Building Area: 1,365
  • Building Area: 1,365
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,365
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000117
  • 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: 210600

Zoning

  • Zoning: R1A

Geography

  • Account Number: 14338
  • Parcel: PEAB M:0109 B:0371
  • Block: 371
  • Municipality: PEABODY
  • Latitude: 42.5089
  • Longitude: -70.9463

    Address

  • Full Address: 64 Emerson Ave
  • Address - House Number: 64
  • Address - Street Name: Emerson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C003
  • 4-Digit Zip Code: 6424
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $415,100

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 572,935
  • High Value: 675,192
  • Low Value: 470,679

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $455,200
  • Assessed Land Value: $220,800
  • Assessed Improvements Value: $234,400

    Sales

  • Current Sale Contract Date: Jan 07, 2022
  • Current Sale Recording Date: Jan 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220107003030
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

$397

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1781 ft²

Average Home Age

97.6 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72921313

Frequently Asked Questions

When was property at 64 Emerson Avenue built and last sold?
The property at 64 Emerson Avenue was built in 1920 and last sold on Jan 7, 2022 for $465,000.
How much is this home worth?
The estimated value of the home located at 64 Emerson Avenue is $488,404.
What are some comparable homes to 64 Emerson Avenue?
There are currently no comparable homes to 64 Emerson Avenue.
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