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Peabody 01960 West Peabody
7 Meredith Road
$329,900
● House - Off Market

7 Meredith Road

Peabody, MA 01960
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,939 Ft²
$1,875
Est. Monthly

About This Property

Location! Location! Great contractors special waiting for the finishing touches.  Updated kitchen w cathedral ceiling, skylight additional, fireplaced living room, woodstove w/ wet bar in family room.  Extra room downstairs.
Unit Size
1,939 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$170
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1959

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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: 9 months ago (MLSPIN #71125175)

Price History

Date / Event Date Event Price
Aug 17, 2010 Listed by Coldwell Banker Residential Brokerage - Lynnfield $329,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield
Sep 24, 1999 Sold
Premium
Sold
Jul 6, 1999 Listed by Coldwell Banker Residential Brokerage - Lynnfield $231,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield
Sep 29, 1989 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 140
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,899
  • Total Building Area: 3,767
  • Gross Building Area: 3,767
  • Building Area: 3,767
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,767
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESTHILL PEABODY
  • Land Acres: 0000000365
  • 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: 4240
  • Parcel: PEAB M:0032 B:0095
  • Block: 95
  • Municipality: PEABODY
  • Latitude: 42.5471
  • Longitude: -71.0155

    Address

  • Full Address: 7 Meredith Rd
  • Address - House Number: 7
  • Address - Street Name: Meredith
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C037
  • 4-Digit Zip Code: 3529
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $846,900

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 960,780
  • High Value: 1,123,318
  • Low Value: 798,243

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $928,600
  • Assessed Land Value: $319,600
  • Assessed Improvements Value: $609,000

    Sales

  • Current Sale Recording Date: Sep 24, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 29, 1989
  • Previous Sale Amount: $170,000
  • 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:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2101 ft²

Average Home Age

53.6 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

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Last Updated: 9 months ago
Data Source: MLS PIN, MLS# 71125175

Frequently Asked Questions

When was property at 7 Meredith Road built and last sold?
The property at 7 Meredith Road was built in 1959 and last sold on Jan 1, 1970 for $227,500.
How much is this home worth?
The estimated value of the home located at 7 Meredith Road is $0.
What are some comparable homes to 7 Meredith Road?
There are currently no comparable homes to 7 Meredith Road.
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