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Peabody 01960 West Peabody
751 Lowell Street
$682,000
● House - Off Market

751 Lowell Street

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,031 Ft²
$683,723
RealtyHop Estimate
6.85%
Since Mar 1, 2022
MA-Boston
Primary Model

About This Property

WEST PEABODY.....Fabulous three bedroom split-level home located in a lovely residential area on a desirable corner lot.  Features include 1.5 baths, kitchen with one year old marble counter tops and lots of cabinet space, large family room with vaulted ceiling and wood stove, slider to deck overlooking large fenced yard with fabulous 17' X 34' in-ground pool, central air conditioning, one-car oversized garage, mostly hardwood flooring, and lower level bonus room with fireplace.  Roof is approximately 7 years young.  Enjoy your home during the winter with its cozy wood stove and in the summer with its fabulous in-ground pool.
Unit Size
2,031 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$315
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1960

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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 #72927067)

Price History

Date / Event Date Event Price
Feb 22, 2022 Sold
Premium
Sold
Dec 10, 2021 Listed by Century 21 Tradition $639,900
Listed by Century 21 Tradition
May 24, 2019 Sold
Premium
Sold
Jun 30, 2005 Sold
Premium
Sold
Apr 4, 2005 Listed by Century 21 Tradition $454,900
Listed by Century 21 Tradition

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • Exterior Walls Type: 18
  • 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: 600
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 15,499
  • Total Building Area: 2,031
  • Gross Building Area: 2,031
  • Building Area: 2,031
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,031
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000356
  • 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: 2138
  • Parcel: PEAB M:0014 B:0044-A
  • Block: 44-A
  • Municipality: PEABODY
  • Latitude: 42.5533
  • Longitude: -71.0251

    Address

  • Full Address: 751 Lowell St
  • Address - House Number: 751
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C033
  • 4-Digit Zip Code: 3349
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $566,400

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 724,143
  • High Value: 849,640
  • Low Value: 598,645

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $621,100
  • Assessed Land Value: $287,300
  • Assessed Improvements Value: $333,800

    Sales

  • Current Sale Contract Date: Feb 22, 2022
  • Current Sale Recording Date: Feb 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220222003750
  • Previous Sale Recording Date: May 24, 2019
  • Previous Sale Contract Date: May 24, 2019
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: O
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:

$732,500

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2278 ft²

Average Home Age

52.3 years

Currently For Sale

10 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: 5 months ago
Data Source: MLS PIN, MLS# 72927067

Frequently Asked Questions

When was property at 751 Lowell Street built and last sold?
The property at 751 Lowell Street was built in 1960 and last sold on Feb 22, 2022 for $682,000.
How much is this home worth?
The estimated value of the home located at 751 Lowell Street is $648,726.
What are some comparable homes to 751 Lowell Street?
There are currently no comparable homes to 751 Lowell Street.
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