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Peabody 01960 West Peabody
761 Lowell Street
Photo of 761 Lowell Street
Sold on Sep 26, 2006

1

Map

$518,000
● House - Off Market

761 Lowell Street

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$965,442
RealtyHop Estimate
82.19%
Since Oct 1, 2006
MA-Boston
Primary Model

About This Property

Nothing to do but move right in...This beautiful home ..all harwood through out first level, ceramic tile in lower level...open air concept...new 7 zone sprinkler system, new central vac, central air, renovated kitchen all new appliances ,renovated master bath and lower level bathroom new garage doors all windows replaced 3 yrs ago. Brand new front stairs with paver walkways both front and back,so much more to mention!!! A MUST SEE!!! make appointment today..
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$265
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1970

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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: 6 months ago (MLSPIN #70402042)

Price History

Date / Event Date Event Price
Sep 27, 2006 Sold
Premium
Sold
Jun 7, 2006 Listed $529,900
Listed
Feb 22, 2000 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,860
  • Total Building Area: 2,036
  • Gross Building Area: 2,036
  • Building Area: 2,036
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,036
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SMITH FARM
  • Land Acres: 0000000364
  • 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: 2216
  • Parcel: PEAB M:0014 B:0120
  • Block: 120
  • Municipality: PEABODY
  • Latitude: 42.5532
  • Longitude: -71.0278

    Address

  • Full Address: 761 Lowell St
  • Address - House Number: 761
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C033
  • 4-Digit Zip Code: 3351
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $623,600

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 788,759
  • High Value: 922,079
  • Low Value: 655,439

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $683,800
  • Assessed Land Value: $287,600
  • Assessed Improvements Value: $396,200

    Sales

  • Current Sale Recording Date: Sep 27, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 22, 2000
  • Previous Sale Amount: $262,000
  • 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:

$739,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2238 ft²

Average Home Age

54.3 years

Currently For Sale

9 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: 6 months ago
Data Source: MLS PIN, MLS# 70402042

Frequently Asked Questions

When was property at 761 Lowell Street built and last sold?
The property at 761 Lowell Street was built in 1970 and last sold on Jan 1, 1970 for $518,000.
How much is this home worth?
The estimated value of the home located at 761 Lowell Street is $546,358.
What are some comparable homes to 761 Lowell Street?
There are currently no comparable homes to 761 Lowell Street.
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