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Peabody 01960 West Peabody
7 Pequot Rd
$328,000
● House - Off Market

7 Pequot Rd

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,463 Ft²
$616,286
RealtyHop Estimate
89.68%
Since Nov 1, 2013
MA-Boston
Primary Model

About This Property

Roomier than it looks!  3 bedroom, L shaped, slab ranch in the heart of West Peabody just blocks from Symphony park.  Surrounded by trees this oversized, L shaped yard with cement patio borders the house on all 3 sides and the woodsy environment offers supreme privacy.  Full, updated bath is private to master bedroom.  Two other 1/2, updated baths & laundry offers convenience to all rooms.  Large kitchen with wall oven opens to great dining area space.  Family room off kitchen is waiting for your finishing touches.  Additional office space and workshop a bonus!  Living room is also of ample size with large picture window overlooking green serenity.  Off street driveway is large enough for 6+ cars.
Unit Size
1,463 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$222
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
1960

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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 #71575583)

Price History

Date / Event Date Event Price
Oct 22, 2013 Sold
Premium
Sold
Aug 28, 2013 Listed by RE/MAX Advantage Real Estate $324,900
Listed by RE/MAX Advantage Real Estate
Aug 30, 2004 Sold
Premium
Sold
Jul 1, 2004 Listed by RE/MAX Advantage Real Estate $369,900
Listed by RE/MAX Advantage Real Estate

Property Highlights

Garage
Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,895
  • Gross Building Area: 1,895
  • Building Area: 1,895
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,895
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: POCAHONTAS FARMS
  • Land Acres: 0000000344
  • 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: 2059
  • Parcel: PEAB M:0013 B:0025
  • Block: 25
  • Municipality: PEABODY
  • Latitude: 42.5573
  • Longitude: -71.031

    Address

  • Full Address: 7 Pequot Rd
  • Address - House Number: 7
  • Address - Street Name: Pequot
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C033
  • 4-Digit Zip Code: 3346
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $524,900

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 706,035
  • High Value: 817,556
  • Low Value: 594,514

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $575,600
  • Assessed Land Value: $318,800
  • Assessed Improvements Value: $256,800

    Sales

  • Current Sale Recording Date: Oct 22, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 135
  • Previous Sale Recording Date: Aug 30, 2004
  • Previous Sale Amount: $370,000
  • 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:

$735,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2193 ft²

Average Home Age

52.7 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71575583

Frequently Asked Questions

When was property at 7 Pequot Road built and last sold?
The property at 7 Pequot Road was built in 1960 and last sold on Jan 1, 1970 for $328,000.
How much is this home worth?
The estimated value of the home located at 7 Pequot Road is $332,819.
What are some comparable homes to 7 Pequot Road?
There are currently no comparable homes to 7 Pequot Road.
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