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Peabody 01960 Proctor
7 Edgehill Rd
$466,000
● House - Off Market

7 Edgehill Rd

Peabody, MA 01960
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,500 Ft²
$838,821
RealtyHop Estimate
74.75%
Since Nov 1, 2015
MA-Boston
Primary Model

About This Property

Location, location, location, large level lot (17,215) in very desirable Brooksby farm area, split entry in move in condition with hardwood floor, 12 rooms, 4-5 bedrooms, 2.5 baths with granite top, dinning room with sliders to deck, new kitchen with Granite Counter top, Ceramic tile floor, recess lights, disposal and stainless steel stove, dishwasher and microwave, new roof (2014) new garage door (2014), new driveway (2014) gas heating system installed approx 2010, one bedroom has electric heat.  Lower level is finished with fireplace family room.  Easy access to highways, shopping centers, golf course.  the house is being sold in As Is condition.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$192
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1961

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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: 4 months ago (MLSPIN #71892084)

Price History

Date / Event Date Event Price
Oct 30, 2015 Sold
Premium
Sold
Aug 19, 2015 Listed by Passini Realty $480,000
Listed by Passini Realty
Dec 30, 2013 Sold
Premium
Sold
Nov 5, 2013 Listed by Passini Realty $295,000
Listed by Passini Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 2
  • Basement Area: 280
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,215
  • Total Building Area: 3,272
  • Gross Building Area: 3,272
  • Building Area: 3,272
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,272
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000395
  • 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: R1B

Geography

  • Account Number: 5616
  • Parcel: PEAB M:0049 B:0018
  • Block: 18
  • Municipality: PEABODY
  • Latitude: 42.5398
  • Longitude: -70.9668

    Address

  • Full Address: 7 Edgehill Rd
  • Address - House Number: 7
  • Address - Street Name: Edgehill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C005
  • 4-Digit Zip Code: 1407
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $857,200

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 997,734
  • High Value: 1,155,330
  • Low Value: 840,138

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $939,900
  • Assessed Land Value: $320,900
  • Assessed Improvements Value: $619,000

    Sales

  • Current Sale Contract Date: Oct 30, 2015
  • Current Sale Recording Date: Oct 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 566731
  • Previous Sale Recording Date: Dec 30, 2013
  • Previous Sale Amount: $285,000
  • 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 Proctor

Stats & Trends

Median Asking:

$597,450

Sale Price/ft²

$378

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1764 ft²

Average Home Age

69.9 years

Currently For Sale

15 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71892084

Frequently Asked Questions

When was property at 7 Edge Hill Road built and last sold?
The property at 7 Edge Hill Road was built in 1961 and last sold on Oct 30, 2015 for $466,000.
How much is this home worth?
The estimated value of the home located at 7 Edge Hill Road is $483,003.
What are some comparable homes to 7 Edge Hill Road?
There are currently no comparable homes to 7 Edge Hill Road.
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