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Peabody 01960 Proctor
8 Apple Hill Road
$675,000
● House - Off Market

8 Apple Hill Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,600 Ft²
$3,684
Est. Monthly

About This Property

This home offers a blend of comfort, convenience, and charm. The main level boasts 3 bedrooms,1 bath, and an open concept layout that includes a spacious living room, dining room, and fully applianced eat-kitchen with new dish washer. Finished lower level offers family room with fireplace, office, 1/2 bath and laundry. Heat is less than 2 yrs, new hot water heater and roof approximately 10 yrs old. Private fenced-in back yard and exterior painted 1 year ago. Registered land Certificate of Title 30258. Located in a very desirable area of West Peabody close to major highways, Brooksby Farm, shopping malls and walking/bike trail. Don't miss the opportunity to make this home yours!
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$412
Property Type
House
Property Taxes
$443
HOA Dues
-
Year Built
1961

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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 #73247899)

Price History

Date / Event Date Event Price
Aug 6, 2024 Sold
Premium
Sold
Jul 11, 2024 In contract -
In contract
Jul 8, 2024 Price Decreased $659,900
↓ $30K (4.4%)
Price Decreased
Jun 20, 2024 Price Increased $690,000
↑ $30K (4.6%)
Price Increased
Jun 5, 2024 Listed by J. Barrett & Company $659,900
Listed by J. Barrett & Company
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • 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: 484
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,876
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000502
  • 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: 210301

Zoning

  • Zoning: R1B

Geography

  • Account Number: 5628
  • Parcel: PEAB M:0049 B:0030
  • Block: 30
  • Municipality: PEABODY
  • Latitude: 42.5415
  • Longitude: -70.9654

    Address

  • Full Address: 8 Apple Hill Rd
  • Address - House Number: 8
  • Address - Street Name: Apple Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C005
  • 4-Digit Zip Code: 1437
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $527,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 697,055
  • High Value: 807,157
  • Low Value: 586,952

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $578,500
  • Assessed Land Value: $325,300
  • Assessed Improvements Value: $253,200

    Sales

  • Current Sale Recording Date: Nov 02, 2009
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 504036
  • Previous Sale Recording Date: Mar 01, 1980
  • Previous Sale Amount: $66,000
  • 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# 73247899

Frequently Asked Questions

When was property at 8 Apple Hill Road built and last sold?
The property at 8 Apple Hill Road was built in 1961 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Apple Hill Road is $665,585.
What are some comparable homes to 8 Apple Hill Road?
There are currently no comparable homes to 8 Apple Hill Road.
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