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Peabody 01960 Peabody Town Center
8 Dark Ln
$552,500
● House - Off Market

8 Dark Ln

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,488 Ft²
$611,529
RealtyHop Estimate
16.48%
Since Jun 1, 2021
MA-Boston
Primary Model

About This Property

Welcome, Home To This Impressive 4 BR 2 Bath Ranch Located In Desirable Neighborhood. Updated Kitchen With Gorgeous Countertop And Beautiful Stainless Steel Appliances, Fresh Interior Paint, Gleaming Hardwoods Throughout Main Level. Flexible Floor Plan With 4th BR Or DR Option. Large Open Concept Finished Basement With Bar, Wood Stove And Additional Kitchen, Loads Of Potential With Some Slight Modifications. Large Corner Lot With Fenced-in Yard, In-Ground Pool, Grape Vines To Enjoy Or Make Your Own Wine. Irrigation System And 1 Car Garage Adds To The Appeal Of This Wonderful Home. Pre-approved Buyers Only. SOLD IN AS-IS Condition. Covid 19 Guidelines. First Showings At Open House Sat 12-2 and Sun 12-2.
Unit Size
1,488 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$353
Property Type
House
Property Taxes
$328
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: 5 years ago (MLSPIN #72798393)

Price History

Date / Event Date Event Price
May 4, 2021 Sold
Premium
Sold
Mar 15, 2021 Listed by RE/MAX American Dream $525,000
Listed by RE/MAX American Dream

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 8,102
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000186
  • 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: 210900

Zoning

  • Zoning: R1A

Geography

  • Account Number: 9698
  • Parcel: PEAB M:0076 B:0127
  • Block: 127
  • Municipality: PEABODY
  • Latitude: 42.5321
  • Longitude: -70.9212

    Address

  • Full Address: 8 Dark Ln
  • Address - House Number: 8
  • Address - Street Name: Dark
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Peabody
  • Carrier Code: C007
  • 4-Digit Zip Code: 3211
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $462,300

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 603,310
  • High Value: 707,977
  • Low Value: 498,643

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $506,900
  • Assessed Land Value: $222,300
  • Assessed Improvements Value: $284,600

    Sales

  • Current Sale Contract Date: May 04, 2021
  • Current Sale Recording Date: May 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210504003440
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:

$549,900

Sale Price/ft²

$388

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1577 ft²

Average Home Age

84.6 years

Currently For Sale

22 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: 5 years ago
Data Source: MLS PIN, MLS# 72798393

Frequently Asked Questions

When was property at 8 Dark Lane built and last sold?
The property at 8 Dark Lane was built in 1961 and last sold on May 4, 2021 for $552,500.
How much is this home worth?
The estimated value of the home located at 8 Dark Lane is $0.
What are some comparable homes to 8 Dark Lane?
There are currently no comparable homes to 8 Dark Lane.
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