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Peabody 01960 West Peabody
7 Buford Road
$370,000
● House - Off Market

7 Buford Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,368 Ft²
$703,144
RealtyHop Estimate
90.09%
Since Oct 1, 2013
MA-Boston
Primary Model

About This Property

Desirable West Peabody location offers this 7 room Split Entry Ranch featuring 3 bedrooms, formal living room and dining room, updated, eat-in kitchen with cathedral ceiling, skylight and ceramic tile floor, spacious screened in porch for summer enjoyment, hardwood floors, family room in lower level, oversized one car garage, security system, large lot with storage shed, located on great side street.  Subject to seller finding suitable replacement home.
Unit Size
1,368 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$270
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1961

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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 #71541265)

Price History

Date / Event Date Event Price
Nov 13, 2020 Sold
Premium
Sold
Sep 23, 2020 Listed by Carpenito Real Estate, Inc. $529,900
Listed by Carpenito Real Estate, Inc.
Sep 26, 2013 Sold
Premium
Sold
Jun 13, 2013 Listed by Carpenito Real Estate, Inc. $369,900
Listed by Carpenito Real Estate, Inc.
Jan 7, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 572
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,250
  • Total Building Area: 1,368
  • Gross Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,368
  • 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: 210100

Zoning

  • Zoning: R1

Geography

  • Account Number: 1687
  • District: 229
  • Parcel: PEAB M:0009 B:0014
  • Block: 14
  • Municipality: PEABODY
  • Latitude: 42.5622
  • Longitude: -71.0192

    Address

  • Full Address: 7 Buford Rd
  • Address - House Number: 7
  • Address - Street Name: Buford
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C036
  • 4-Digit Zip Code: 2127
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $561,300

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 677,693
  • High Value: 795,265
  • Low Value: 560,122

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $615,500
  • Assessed Land Value: $319,000
  • Assessed Improvements Value: $296,500

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Nov 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201113001680
  • Previous Sale Recording Date: Sep 26, 2013
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: O
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:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2537 ft²

Average Home Age

48.3 years

Currently For Sale

7 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# 71541265

Frequently Asked Questions

When was property at 7 Buford Road built and last sold?
The property at 7 Buford Road was built in 1961 and last sold on Nov 12, 2020 for $530,000.
How much is this home worth?
The estimated value of the home located at 7 Buford Road is $523,430.
What are some comparable homes to 7 Buford Road?
There are currently no comparable homes to 7 Buford Road.
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