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Peabody 01960 Peabody Town Center
8 Aborn Pl
$587,000
● House - Off Market

8 Aborn Pl

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,204 Ft²
$575,913
RealtyHop Estimate
6.85%
Since Mar 1, 2022
MA-Boston
Primary Model

About This Property

Charming and bright single family home on quiet cut-de sac.  This home features the outdoor entertaining space you have been looking for.  Beautiful and spacious backyard with in-ground pool and garage has been converted to pool house space or make a great separate area to work from home.  The interior of the home features beautiful stone fireplace in living room, renovated and bright kitchen and charming dining room room. A home office and half bath included on main floor. The top floor features 3 generous sized bedrooms as well as renovated bathroom. Primary bedroom has ample walk through closet for all your storage needs.  Conveniently located in Peabody, this home offers close proximity to hospitals as well as accessibility to public transit and major highways making this an ideal home.
Unit Size
2,204 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$245
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1889

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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 #72931050)

Price History

Date / Event Date Event Price
Feb 17, 2022 Sold
Premium
Sold
Jan 4, 2022 Listed by Compass $539,000
Listed by Compass
Sep 30, 2019 Sold
Premium
Sold
Aug 8, 2019 Listed by Compass $450,000
Listed by Compass
Mar 1, 2012 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1889
  • Effective Year Built: 1889
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 144
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 6,639
  • Total Building Area: 2,204
  • Gross Building Area: 2,204
  • Building Area: 2,204
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,204
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • 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: 210700

Zoning

  • Zoning: R2

Geography

  • Account Number: 11373
  • Parcel: PEAB M:0095 B:0304
  • Block: 304
  • Municipality: PEABODY
  • Latitude: 42.5203
  • Longitude: -70.9263

    Address

  • Full Address: 8 Aborn Pl
  • Address - House Number: 8
  • Address - Street Name: Aborn
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Peabody
  • Carrier Code: C041
  • 4-Digit Zip Code: 6101
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $535,600

    Appraisal Valuation

  • Standard Deviation: 0.2257
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 68
  • Final Value: 667,061
  • High Value: 817,736
  • Low Value: 516,386

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $587,300
  • Assessed Land Value: $212,800
  • Assessed Improvements Value: $374,500

    Sales

  • Current Sale Contract Date: Feb 17, 2022
  • Current Sale Recording Date: Feb 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220217002530
  • Previous Sale Recording Date: Sep 30, 2019
  • Previous Sale Contract Date: Sep 27, 2019
  • Previous Sale Amount: $433,000
  • 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 Peabody Town Center

Stats & Trends

Median Asking:

$579,900

Sale Price/ft²

$388

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1947 ft²

Average Home Age

87.8 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

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: 4 months ago
Data Source: MLS PIN, MLS# 72931050

Frequently Asked Questions

When was property at 8 Aborn Place built and last sold?
The property at 8 Aborn Place was built in 1889 and last sold on Feb 17, 2022 for $587,000.
How much is this home worth?
The estimated value of the home located at 8 Aborn Place is $543,057.
What are some comparable homes to 8 Aborn Place?
There are currently no comparable homes to 8 Aborn Place.
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