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Peabody 01960 Peabody Town Center
7 Proctor Street
Photo of 7 Proctor Street
Sold on Dec 29, 2011

1

Map

$150,000
● House - Off Market

7 Proctor Street

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,298 Ft²
$346,196
RealtyHop Estimate
116.51%
Since Jan 1, 2012
MA-Boston
Primary Model

About This Property

MULTIPLE OFFER NOTICE; due by 9/9/11 1 PM.  Please download all forms, they must be signed and submitted with offers.  7 room Colonial near Gardner Park area. Fannie Mae HomePath Property.  Approved for HomePath Renovation Mortgage. "Close by 10/31/11 and receive up to 3.5% of final sales price to be used for closing cost assistance!  See Firm Remarks for Special Offers, more details or ask me. Eligibility restricti
Unit Size
1,298 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$123
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1900

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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: 19 days ago (MLSPIN #71236612)

Price History

Date / Event Date Event Price
Dec 29, 2011 Sold
Premium
Sold
May 20, 2011 Listed by Tache Real Estate, Inc. $159,900
Listed by Tache Real Estate, Inc.
Aug 30, 2010 Sold
Premium
Sold
Mar 30, 2005 Sold
Premium
Sold
Sep 13, 2004 Listed by Coldwell Banker Realty - Beverly $292,500
Listed by Coldwell Banker Realty - Beverly
This 7 Room Colonial has newer windows, a first floor bedroom, a fenced in yard and is located in the Gardner Park area. Move in and add some finishing touches to make this your home.
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,480
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ESTATE E S POOR PEABODY
  • Land Acres: 0000000080
  • 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: 210900

Zoning

  • Zoning: R1A

Geography

  • Account Number: 9941
  • Parcel: PEAB M:0076 B:0340
  • Block: 340
  • Municipality: PEABODY
  • Latitude: 42.5323
  • Longitude: -70.9138

    Address

  • Full Address: 7 Proctor St
  • Address - House Number: 7
  • Address - Street Name: Proctor
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C007
  • 4-Digit Zip Code: 1961
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $406,800

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 523,701
  • High Value: 623,670
  • Low Value: 423,731

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $446,100
  • Assessed Land Value: $190,800
  • Assessed Improvements Value: $255,300

    Sales

  • Current Sale Recording Date: Dec 29, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 30, 2010
  • Previous Sale Amount: $222,941
  • 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 Peabody Town Center

Stats & Trends

Median Asking:

$560,000

Sale Price/ft²

$388

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1593 ft²

Average Home Age

75.1 years

Currently For Sale

14 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 19 days ago
Data Source: MLS PIN, MLS# 71236612

Frequently Asked Questions

When was property at 7 Proctor Street built and last sold?
The property at 7 Proctor Street was built in 1900 and last sold on Jan 1, 1970 for $159,900.
How much is this home worth?
The estimated value of the home located at 7 Proctor Street is $179,428.
What are some comparable homes to 7 Proctor Street?
There are currently no comparable homes to 7 Proctor Street.
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