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Peabody 01960 West Peabody
8 Carell Rd
$650,000
● House - Off Market

8 Carell Rd

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,008 Ft²
$723,836
RealtyHop Estimate
7.23%
Since Dec 1, 2022
MA-Boston
Primary Model

About This Property

**OPEN HOUSE 11AM-12:30PM SUNDAY 10/30** So much to love and not a lot to do! Three bedroom, 2 bath raised ranch in lovely West Peabody neighborhood. Family room with full bath on lower level. Central air. Huge 2 car garage. Sun room out to fenced-in yard. New Roof 2022. New boiler and hot water heater 2019. New windows 2016. New driveway, retaining wall, and walkway 2021. New garage doors and opener 2020. New 50 amp electric vehicle charging outlet in garage 2020. New side deck 2022. Chimney repointing and capping 2022. And lots more!
Unit Size
2,008 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$336
Property Type
House
Property Taxes
$445
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: 4 months ago (MLSPIN #73042014)

Price History

Date / Event Date Event Price
Nov 30, 2022 Sold
Premium
Sold
Oct 31, 2022 In contract -
In contract
Oct 23, 2022 Relisted $409,900
Relisted
Oct 13, 2022 In contract -
In contract
Sep 28, 2022 Listed by RE/MAX 360 $675,000
Listed by RE/MAX 360
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • 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: 480
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 16,078
  • Total Building Area: 1,768
  • Gross Building Area: 1,768
  • Building Area: 1,768
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000369
  • 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: 210200

Zoning

  • Zoning: R1

Geography

  • Account Number: 6566
  • Parcel: PEAB M:0057 B:0091
  • Block: 91
  • Municipality: PEABODY
  • Latitude: 42.5354
  • Longitude: -70.9954

    Address

  • Full Address: 8 Carell Rd
  • Address - House Number: 8
  • Address - Street Name: Carell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C029
  • 4-Digit Zip Code: 3706
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $590,900

    Appraisal Valuation

  • Standard Deviation: 0.2348
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 696,791
  • High Value: 846,032
  • Low Value: 547,550

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $647,900
  • Assessed Land Value: $319,800
  • Assessed Improvements Value: $328,100

    Sales

  • Current Sale Contract Date: Nov 30, 2022
  • Current Sale Recording Date: Nov 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221130005880
  • Previous Sale Recording Date: Oct 24, 2014
  • Previous Sale Amount: $409,900
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2537 ft²

Average Home Age

48.3 years

Currently For Sale

7 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73042014

Frequently Asked Questions

When was property at 8 Carell Road built and last sold?
The property at 8 Carell Road was built in 1960 and last sold on Nov 30, 2022 for $650,000.
How much is this home worth?
The estimated value of the home located at 8 Carell Road is $667,686.
What are some comparable homes to 8 Carell Road?
There are currently no comparable homes to 8 Carell Road.
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