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Peabody 01960 Proctor
7 Reynolds Road
Photo of 7 Reynolds Road
Sold on Jun 6, 2008

1

Map

$370,000
● House - Off Market

7 Reynolds Road

Peabody, MA 01960
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,492 Ft²
$746,413
RealtyHop Estimate
96.94%
Since Jul 1, 2008
MA-Boston
Primary Model

About This Property

More than meets the eye! Oversized Cape on oversized lot fits the whole family and has 1st floor in-law potential.  All updated including exterior vinyl siding, kitchen & baths.  First floor family room, modern color scheme, newer decks plus first floor den with separate entrance. Full basement has front to back family room plus bath waiting for your finishing touches.  Full back dormer makes a roomy upstairs.  5+ bedrooms makes this home quite spacious.
Unit Size
2,492 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$152
Property Type
House
Property Taxes
$324
HOA Dues
-
Year Built
1950

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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: 5 months ago (MLSPIN #70700853)

Price History

Date / Event Date Event Price
Jul 29, 2021 Sold
Premium
Sold
Jun 3, 2021 Listed $599,900
Listed
Jun 9, 2008 Sold
Premium
Sold
Jan 22, 2008 Listed $379,000
Listed
Dec 28, 1990 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2003
  • 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: 4
  • 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: 480
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,351
  • Total Building Area: 2,492
  • Gross Building Area: 2,492
  • Building Area: 2,492
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,492
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000352
  • 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: 210302

Zoning

  • Zoning: R1A

Geography

  • Account Number: 5900
  • Parcel: PEAB M:0052 B:0010
  • Block: 10
  • Municipality: PEABODY
  • Latitude: 42.5426
  • Longitude: -70.9397

    Address

  • Full Address: 7 Reynolds Rd
  • Address - House Number: 7
  • Address - Street Name: Reynolds
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C025
  • 4-Digit Zip Code: 1612
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $655,500

    Appraisal Valuation

  • Standard Deviation: 0.1728
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 780,839
  • High Value: 915,860
  • Low Value: 645,817

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $718,700
  • Assessed Land Value: $248,900
  • Assessed Improvements Value: $469,800

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Jul 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210729002940
  • Previous Sale Recording Date: Jun 09, 2008
  • 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 Proctor

Stats & Trends

Median Asking:

$592,000

Sale Price/ft²

$380

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1790 ft²

Average Home Age

67.8 years

Currently For Sale

21 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70700853

Frequently Asked Questions

When was property at 7 Reynolds Road built and last sold?
The property at 7 Reynolds Road was built in 1950 and last sold on Jul 29, 2021 for $640,000.
How much is this home worth?
The estimated value of the home located at 7 Reynolds Road is $598,511.
What are some comparable homes to 7 Reynolds Road?
There are currently no comparable homes to 7 Reynolds Road.
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