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Peabody 01960 West Peabody
8 Curwen Road
$550,000
● House - Off Market

8 Curwen Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,415 Ft²
$566,581
RealtyHop Estimate
3.01%
Since Apr 1, 2023
MA-Boston
Primary Model

About This Property

Rare opportunity to own an amazing home on almost half an acre in West Peabody!!! This home is ready for your personal touches to make it yours. With a flat backyard your options are endless. This is right off of Goodale Street near the Big Y. This is a lovely neighborhood within walking distance to shopping and other stores. These properties do not come on the market often, so act quickly! Has an attached double shed for storage and a long driveway that leads to the garage. Estate is looking for final offers this week. If you are interested, this is your last chance to put in an offer.
Unit Size
1,415 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$389
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1956

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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 #73071099)

Price History

Date / Event Date Event Price
Mar 24, 2023 Sold
Premium
Sold
Feb 27, 2023 In contract -
In contract
Feb 24, 2023 Price Decreased $549,999
↓ $10K (1.8%)
Price Decreased
Feb 17, 2023 Relisted $559,999
Relisted
Feb 13, 2023 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • 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: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,766
  • Total Building Area: 1,415
  • Gross Building Area: 1,415
  • Building Area: 1,415
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,415
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000385
  • 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: 2799
  • Parcel: PEAB M:0017 B:0182
  • Block: 182
  • Municipality: PEABODY
  • Latitude: 42.5529
  • Longitude: -70.9967

    Address

  • Full Address: 8 Curwen Rd
  • Address - House Number: 8
  • Address - Street Name: Curwen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C035
  • 4-Digit Zip Code: 1206
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $504,700

    Appraisal Valuation

  • Standard Deviation: 0.18
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 638,416
  • High Value: 753,385
  • Low Value: 523,447

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $553,400
  • Assessed Land Value: $320,400
  • Assessed Improvements Value: $233,000

    Sales

  • Current Sale Contract Date: Mar 24, 2023
  • Current Sale Recording Date: Mar 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230324001940
  • Previous Sale Recording Date: May 20, 1997
  • Previous Sale Amount: $20,000
  • 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:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2158 ft²

Average Home Age

55.4 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73071099

Frequently Asked Questions

When was property at 8 Curwen Road built and last sold?
The property at 8 Curwen Road was built in 1956 and last sold on Mar 24, 2023 for $550,000.
How much is this home worth?
The estimated value of the home located at 8 Curwen Road is $554,980.
What are some comparable homes to 8 Curwen Road?
There are currently no comparable homes to 8 Curwen Road.
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