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Peabody 01960 Peabody Town Center
6-A Gardner Rd
$290,000
● House - Off Market

6-A Gardner Rd

Peabody, MA 01960
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,546 Ft²
$584,333
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model

About This Property

Move in and enjoy living in this freshly painted, beautiful well maintained home. Located on a dead-end street close to Northshore Mall, Salem train station and easy access to Rt 128. Bright sunny living room with bay window and large eat-in kitchen with lots of counter space. Master bedroom with french doors open to deck overlooking professionally landscaped backyard. Endless expansion possibilities in the lower level with high ceilings and walk-out.
Unit Size
1,546 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$207
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1985

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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 #71741427)

Price History

Date / Event Date Event Price
Nov 5, 2014 Sold
Premium
Sold
Oct 5, 2014 Sold
Premium
Sold
Sep 10, 2014 Listed by RE/MAX Advantage Real Estate $319,900
Listed by RE/MAX Advantage Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • 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: 8
  • Basement Area: 550
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,016
  • Total Building Area: 1,546
  • Gross Building Area: 1,546
  • Building Area: 1,546
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,546
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 7442
  • Parcel: PEAB M:0064 B:0069
  • Block: 69
  • Municipality: PEABODY
  • Latitude: 42.5367
  • Longitude: -70.9252

    Address

  • Full Address: 6a Gardner Rd
  • Address - House Number: 6a
  • Address - Street Name: Gardner
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C004
  • 4-Digit Zip Code: 1815
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $479,300

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 624,499
  • High Value: 738,866
  • Low Value: 510,133

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $525,500
  • Assessed Land Value: $227,700
  • Assessed Improvements Value: $297,800

    Sales

  • Current Sale Recording Date: Nov 05, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 110500230
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:

$582,500

Sale Price/ft²

$388

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1899 ft²

Average Home Age

83.6 years

Currently For Sale

16 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: 4 months ago
Data Source: MLS PIN, MLS# 71741427

Frequently Asked Questions

When was property at 6A Gardner Road built and last sold?
The property at 6A Gardner Road was built in 1985 and last sold on Jan 1, 1970 for $290,000.
How much is this home worth?
The estimated value of the home located at 6A Gardner Road is $334,776.
What are some comparable homes to 6A Gardner Road?
There are currently no comparable homes to 6A Gardner Road.
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