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Peabody 01960 Proctor
71 Ellsworth Road
$515,000
● House - Off Market

71 Ellsworth Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,268 Ft²
$478,262
RealtyHop Estimate
1.97%
Since May 1, 2022
MA-Boston
Primary Model

About This Property

Come see this quaint home in one of Peabody's most sought after Center School neighborhoods . This sun drenched Cape has a magnificent flowing floorplan from front to rear. The first floor has an inviting living room that welcomes you to the home! Venture on to find a dining area with sliding glass doors leading to a deck that steps down to a patio.  There is also a fully applianced eat-in kitchen with a gas range, refrigerator, and dishwasher.  One bedroom and one full bath complete the first floor living area.   Walk up to the second floor to find two additional bedrooms and another full bath.  Enjoy a one car garage, a large level yard, and plenty off off-street parking.  You don't want to miss this wonderful home!
Unit Size
1,268 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$370
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1940

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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: 4 months ago (MLSPIN #72946605)

Price History

Date / Event Date Event Price
Apr 21, 2022 Sold
Premium
Sold
Feb 27, 2022 Listed by Boston Hub Real Estate $469,000
Listed by Boston Hub Real Estate
Aug 20, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 1
  • 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: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,945
  • Total Building Area: 1,268
  • Gross Building Area: 1,268
  • Building Area: 1,268
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,268
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000228
  • 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: 210402

Zoning

  • Zoning: R1A

Geography

  • Account Number: 8774
  • Parcel: PEAB M:0073 B:0284
  • Block: 284
  • Municipality: PEABODY
  • Latitude: 42.5303
  • Longitude: -70.9418

    Address

  • Full Address: 71 Ellsworth Rd
  • Address - House Number: 71
  • Address - Street Name: Ellsworth
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C044
  • 4-Digit Zip Code: 4237
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $446,000

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 576,520
  • High Value: 682,769
  • Low Value: 470,272

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $489,000
  • Assessed Land Value: $244,400
  • Assessed Improvements Value: $244,600

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: Apr 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220421000470
  • Previous Sale Recording Date: Aug 20, 1997
  • Previous Sale Amount: $174,000
  • 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:

$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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72946605

Frequently Asked Questions

When was property at 71 Ellsworth Road built and last sold?
The property at 71 Ellsworth Road was built in 1940 and last sold on Apr 20, 2022 for $515,000.
How much is this home worth?
The estimated value of the home located at 71 Ellsworth Road is $479,931.
What are some comparable homes to 71 Ellsworth Road?
There are currently no comparable homes to 71 Ellsworth Road.
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