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Peabody 01960 Proctor
7 Bragg St
$660,000
● House - Off Market

7 Bragg St

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,528 Ft²
$698,793
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

CALL THE MOVERS! This gorgeous fully repaired move-in ready home is waiting for you! The first floor features an inviting open layout, a family room with a bar, access to an enclosed porch, and a half bath. Enter the 2nd floor, and notice a cozy fireplace, new kitchen, wonderful dining area, and a picturesque sunroom. The third floor boasts 3 spacious bedrooms and a large master bath. Outside you will find a sizable yard perfect for entertaining or relaxing. Come see this terrific opportunity for yourself! Commission is to be paid on NET sales price.
Unit Size
1,528 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$425
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1960

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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 #73047823)

Price History

Date / Event Date Event Price
Dec 1, 2022 Temporarily off market -
Temporarily off market
Dec 1, 2022 Sold
Premium
Sold
Oct 26, 2022 In contract -
In contract
Oct 13, 2022 Listed by Keller Williams South Watuppa $649,900
Listed by Keller Williams South Watuppa
May 14, 2021 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 400
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,255
  • Total Building Area: 1,528
  • Gross Building Area: 1,528
  • Building Area: 1,528
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,528
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • 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: 210301

Zoning

  • Zoning: R1A

Geography

  • Account Number: 5748
  • Parcel: PEAB M:0050 B:0032
  • Block: 32
  • Municipality: PEABODY
  • Latitude: 42.5416
  • Longitude: -70.9596

    Address

  • Full Address: 7 Bragg St
  • Address - House Number: 7
  • Address - Street Name: Bragg
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C005
  • 4-Digit Zip Code: 1412
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $582,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1798
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 711,823
  • High Value: 838,264
  • Low Value: 585,382

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $638,900
  • Assessed Land Value: $319,000
  • Assessed Improvements Value: $319,900

    Sales

  • Current Sale Contract Date: Dec 01, 2022
  • Current Sale Recording Date: Dec 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221201004000
  • Previous Sale Recording Date: May 14, 2021
  • Previous Sale Contract Date: Apr 29, 2021
  • Previous Sale Amount: $363,900
  • Previous Sale Document Type: 34
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 Proctor

Stats & Trends

Median Asking:

$609,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1913 ft²

Average Home Age

79.8 years

Currently For Sale

11 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73047823

Frequently Asked Questions

When was property at 7 Bragg Street built and last sold?
The property at 7 Bragg Street was built in 1960 and last sold on Dec 1, 2022 for $660,000.
How much is this home worth?
The estimated value of the home located at 7 Bragg Street is $655,492.
What are some comparable homes to 7 Bragg Street?
There are currently no comparable homes to 7 Bragg Street.
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