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Peabody 01960 Peabody Town Center
65 Tracey Street
$460,000
● House - Off Market

65 Tracey Street

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
975 Ft²
$2,438
Est. Monthly

About This Property

Nestled in the heart of the desirable town of Peabody, this charming single-family house boasts a central location with easy access to downtown restaurants and shops, ensuring you'll always have entertainment and dining options right at your doorstep. The convenience of proximity to the North Shore Mall and highway access makes shopping and commuting a breeze. Additionally, a quick drive will take you to the vibrant downtown Salem area, offering even more cultural and recreational opportunities. With 3 bedrooms and 1 bath, this home is perfect for a starter family looking to create their dream residence in a prime location. Don't miss out on this incredible opportunity to enjoy the best of Peabody living!
Unit Size
975 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$441
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1880

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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 #73190201)

Price History

Date / Event Date Event Price
Feb 29, 2024 Sold
Premium
Sold
Jan 9, 2024 In contract -
In contract
Jan 3, 2024 Listed by Cameron Real Estate Group $430,000
Listed by Cameron Real Estate Group
Mar 19, 2004 Sold
Premium
Sold
Oct 30, 2003 Listed by Cameron Real Estate Group $269,900
Listed by Cameron Real Estate Group

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 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: 4,291
  • Total Building Area: 975
  • Gross Building Area: 975
  • Building Area: 975
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 975
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000099
  • 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: 210800

Zoning

  • Zoning: R2

Geography

  • Account Number: 9577
  • Parcel: PEAB M:0076 B:0018
  • Block: 18
  • Municipality: PEABODY
  • Latitude: 42.5288
  • Longitude: -70.9177

    Address

  • Full Address: 65 Tracey St
  • Address - House Number: 65
  • Address - Street Name: Tracey
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C013
  • 4-Digit Zip Code: 4451
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $386,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0797
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 435,919
  • High Value: 470,699
  • Low Value: 401,138

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $423,300
  • Assessed Land Value: $196,500
  • Assessed Improvements Value: $226,800

    Sales

  • Current Sale Contract Date: Feb 29, 2024
  • Current Sale Recording Date: Feb 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20240229002220
  • Previous Sale Recording Date: Mar 19, 2004
  • Previous Sale Amount: $269,900
  • 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 Peabody Town Center

Stats & Trends

Median Asking:

$542,450

Sale Price/ft²

$387

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1459 ft²

Average Home Age

82.7 years

Currently For Sale

20 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# 73190201

Frequently Asked Questions

When was property at 65 Tracey Street built and last sold?
The property at 65 Tracey Street was built in 1880 and last sold on Feb 29, 2024 for $460,000.
How much is this home worth?
The estimated value of the home located at 65 Tracey Street is $428,572.
What are some comparable homes to 65 Tracey Street?
There are currently no comparable homes to 65 Tracey Street.
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