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Peabody 01960 West Peabody
8 Earley Rd
$535,000
● House - Off Market

8 Earley Rd

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,282 Ft²
$774,291
RealtyHop Estimate
40.81%
Since Mar 1, 2020
MA-Boston
Primary Model

About This Property

West Peabody,  Situated on a fabulous 33,000 sq.ft. lot of land. Lovely Tri Level home with an open floor plan. Enter into a sunny fire placed living room,  the dining room has a Vaulted ceiling with a skylight and is open to the kitchen and heated year round sun room. Just a few stairs up to the 3 bedrooms & full bath, few stairs down to the big family room with wet bar , slider overlooking the back yard & half bath . The lowest level is an unfinished basement that has the heating system and washer and dryer.  Updates include FHW Oil furnace approx 2 yrs., CB 200  Amps, Central Air approx 7 yrs, Roof 1 layer  approx 9 yrs. Enjoy the summer in your backyard with a 16 x 32 in ground  heated pool and large hot tub . This home has a huge lot of land and the street is a cul de sac.
Unit Size
1,282 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$429
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1959

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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 #72592921)

Price History

Date / Event Date Event Price
Feb 28, 2020 Sold
Premium
Sold
Nov 15, 2019 Listed by LAER Realty Partners $549,900
Listed by LAER Realty Partners
Sep 16, 1996 Sold
Premium
Sold
Jun 12, 1996 Listed by LAER Realty Partners $199,000
Listed by LAER Realty Partners

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 41
  • 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: 552
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 33,306
  • Total Building Area: 1,732
  • Gross Building Area: 1,732
  • Building Area: 1,732
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,732
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000765
  • 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: 2742
  • Parcel: PEAB M:0017 B:0124
  • Block: 124
  • Municipality: PEABODY
  • Latitude: 42.5543
  • Longitude: -70.9939

    Address

  • Full Address: 8 Earley Rd
  • Address - House Number: 8
  • Address - Street Name: Earley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C035
  • 4-Digit Zip Code: 1218
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $538,000

    Appraisal Valuation

  • Standard Deviation: 0.1586
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 749,248
  • High Value: 868,146
  • Low Value: 630,350

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $589,900
  • Assessed Land Value: $336,100
  • Assessed Improvements Value: $253,800

    Sales

  • Current Sale Contract Date: Feb 20, 2020
  • Current Sale Recording Date: Feb 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200228003650
  • Previous Sale Recording Date: Sep 16, 1996
  • Previous Sale Amount: $196,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72592921

Frequently Asked Questions

When was property at 8 Earley Road built and last sold?
The property at 8 Earley Road was built in 1959 and last sold on Feb 20, 2020 for $535,000.
How much is this home worth?
The estimated value of the home located at 8 Earley Road is $530,584.
What are some comparable homes to 8 Earley Road?
There are currently no comparable homes to 8 Earley Road.
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