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Peabody 01960 South Peabody
64 Fairview Ave
$545,000
● House - Off Market

64 Fairview Ave

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,123 Ft²
$543,609
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

Welcome to the Browns Pond neighborhood! This 3B/1.5BA home offers beautiful open concept living on the main floor highlighted by unique arched entryways. Living, dining, kitchen, bedroom, half bath and laundry on the first floor with 2 bedrooms and full bath upstairs and new family room with recessed lighting in the basement. Hardwood flooring throughout the home. Cozy up in the cooler months with a remote-controlled gas fireplace. Spacious backyard with lush greenery and stone patio. Plenty of parking in the driveway and room for 1 car in the detached garage. Heating system is a year old. Located within walking distance to Browns Pond and its area amenities, including basketball court, tennis courts, playground and dock.
Unit Size
1,123 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$476
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1926

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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 #72982983)

Price History

Date / Event Date Event Price
Jun 24, 2022 Sold
Premium
Sold
May 17, 2022 Listed by Commonwealth Properties Residential, LLC $535,000
Listed by Commonwealth Properties Residential, LLC
Dec 12, 2003 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 5,001
  • Total Building Area: 1,124
  • Gross Building Area: 1,124
  • Building Area: 1,124
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,124
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 15260
  • Parcel: PEAB M:0120 B:0187
  • Block: 187
  • Municipality: PEABODY
  • Latitude: 42.4996
  • Longitude: -70.9575

    Address

  • Full Address: 64 Fairview Ave
  • Address - House Number: 64
  • Address - Street Name: Fairview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C009
  • 4-Digit Zip Code: 6539
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $459,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 598,766
  • High Value: 693,784
  • Low Value: 503,748

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $503,700
  • Assessed Land Value: $220,000
  • Assessed Improvements Value: $283,700

    Sales

  • Current Sale Contract Date: Jun 24, 2022
  • Current Sale Recording Date: Jun 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 637275
  • Previous Sale Recording Date: Dec 12, 2003
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: 48

    Financing

  • First Mortgage Financing Type: ADJ
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

$407

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2130 ft²

Average Home Age

79.5 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72982983

Frequently Asked Questions

When was property at 64 Fairview Avenue built and last sold?
The property at 64 Fairview Avenue was built in 1926 and last sold on Jun 24, 2022 for $545,000.
How much is this home worth?
The estimated value of the home located at 64 Fairview Avenue is $536,267.
What are some comparable homes to 64 Fairview Avenue?
There are currently no comparable homes to 64 Fairview Avenue.
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