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Peabody 01960 West Peabody
696 Lowell St
$567,900
● House - Off Market

696 Lowell St

Peabody, MA 01960
bedrooms
5 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,923 Ft²
$933,266
RealtyHop Estimate
63.76%
Since Feb 1, 2017
MA-Boston
Primary Model

About This Property

Situated on a huge lot in West Peabody, this oversized split entry home offers 5 bedrooms with an IN-LAW apartment.  Main unit showcases an updated kitchen, fire-placed living room, 3 bedrooms, shiny hardwood floors, large family room and bonus room with half bath in the basement.   The attached In-Law features a spacious living area with 2 bedrooms, kitchen, and more bonus space with another half bath in the basement.  The house has a flexible floor plan to use some of the current in law space as part of the main house if desired.   The added allure of this home is the large plot of land and driveway space offered.  With ample lot space on all sides of the house its your own private oasis and with driveways at the front and back of the house this is the perfect place for the extended family!
Unit Size
2,923 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$195
Property Type
House
Property Taxes
$483
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: 6 months ago (MLSPIN #72070979)

Price History

Date / Event Date Event Price
Jan 5, 2017 Sold
Premium
Sold
Sep 21, 2016 Listed by RE/MAX Legacy $569,900
Listed by RE/MAX Legacy
Jun 17, 1997 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • 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: 1,017
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,381
  • Total Building Area: 2,923
  • Gross Building Area: 2,923
  • Building Area: 2,923
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,923
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000514
  • 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: 210200

Zoning

  • Zoning: R1

Geography

  • Account Number: 3204
  • Parcel: PEAB M:0023 B:0075
  • Block: 75
  • Municipality: PEABODY
  • Latitude: 42.5494
  • Longitude: -71.0126

    Address

  • Full Address: 696 Lowell St
  • Address - House Number: 696
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C037
  • 4-Digit Zip Code: 3475
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $759,600

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 895,451
  • High Value: 1,036,892
  • Low Value: 754,011

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $832,900
  • Assessed Land Value: $293,200
  • Assessed Improvements Value: $539,700

    Sales

  • Current Sale Recording Date: Jan 05, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 341
  • Previous Sale Recording Date: Jun 17, 1997
  • Previous Sale Amount: $160,000
  • 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:

$739,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2106 ft²

Average Home Age

54 years

Currently For Sale

9 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

Currently no nearby rentals
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72070979

Frequently Asked Questions

When was property at 696 Lowell Street built and last sold?
The property at 696 Lowell Street was built in 1960 and last sold on Jan 1, 1970 for $567,900.
How much is this home worth?
The estimated value of the home located at 696 Lowell Street is $576,598.
What are some comparable homes to 696 Lowell Street?
There are currently no comparable homes to 696 Lowell Street.
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