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Peabody 01960 Proctor
8 Edythe Ln
$240,000
● House - Off Market

8 Edythe Ln

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,044 Ft²
$436,899
RealtyHop Estimate
108.15%
Since Dec 1, 2012
MA-Boston
Primary Model

About This Property

Opportunity Knocks !! Desirable  "Rollings Hills Subdivision". Attention contractors.. Beautiful level lot sets the stage for this full basement, 6rm, 3bdrm ranch. Home is in need of total interior rehab. Newer Roof, Gas Furnace, Town Water & Sewer and updated electric. Home being sold "as is as shown" buyer is responsible to empty all contents.  Not A Short Sale, and  Not Bank Owned.. THIS HOME IS OWNER OCCUPIED. Do not go on property without listing agent present..
Unit Size
1,044 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$201
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71419879)

Price History

Date / Event Date Event Price
Nov 5, 2012 Sold
Premium
Sold
Aug 8, 2012 Listed by Century 21 North Shore $209,900
Listed by Century 21 North Shore

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,276
  • Total Building Area: 1,044
  • Gross Building Area: 1,044
  • Building Area: 1,044
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,044
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • 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: 210302

Zoning

  • Zoning: R1B

Geography

  • Account Number: 5551
  • Parcel: PEAB M:0048 B:0163
  • Block: 163
  • Municipality: PEABODY
  • Latitude: 42.5389
  • Longitude: -70.9743

    Address

  • Full Address: 8 Edythe Ln
  • Address - House Number: 8
  • Address - Street Name: Edythe
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Peabody
  • Carrier Code: C022
  • 4-Digit Zip Code: 2602
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $465,100

    Appraisal Valuation

  • Standard Deviation: 0.1842
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 555,644
  • High Value: 689,443
  • Low Value: 421,845

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $510,000
  • Assessed Land Value: $298,700
  • Assessed Improvements Value: $211,300

    Sales

  • Current Sale Recording Date: Aug 11, 2016
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 329
  • Previous Sale Recording Date: Nov 05, 2012
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: O
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:

$597,500

Sale Price/ft²

$375

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1780 ft²

Average Home Age

69.2 years

Currently For Sale

19 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: 5 months ago
Data Source: MLS PIN, MLS# 71419879

Frequently Asked Questions

When was property at 8 Edythe Lane built and last sold?
The property at 8 Edythe Lane was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Edythe Lane is $225,656.
What are some comparable homes to 8 Edythe Lane?
There are currently no comparable homes to 8 Edythe Lane.
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