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Peabody 01960 South Peabody
8 Griffin Road
Photo of 8 Griffin Road
Sold on Oct 16, 2008

1

Map

$275,000
● House - Off Market

8 Griffin Road

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,422 Ft²
$596,809
RealtyHop Estimate
106.51%
Since Nov 1, 2008
MA-Boston
Primary Model

About This Property

BEING "SOLD AS IS". 3 OR 4 BEDROOM EXPANDED CAPE, IN NICE ST. ANNS AREA. NEEDS "FULL COSMETIC CLEAN UP". HARDWOOD FLOORS,GOOD SIZED FIREPLACED FAMILY ROOM.LARGE HALF BATH WITH LAUNDRY OFF 1ST FLOOR BEDROOM, APPLIANCES INCLUDED. NICE BACLYARD. ELECTRIC SERVICE, AND WINDOWS HAVE BEEN DONE.HOT WATER TANK 10/06,   LOOKING FOR AN OFFER!!
Unit Size
1,422 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$203
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1940

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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 #70811774)

Price History

Date / Event Date Event Price
Oct 17, 2008 Sold
Premium
Sold
Aug 26, 2008 Listed $289,000
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 308
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,499
  • Total Building Area: 1,422
  • Gross Building Area: 1,422
  • Building Area: 1,422
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,422
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROCKDALE PARK DEV PEABOD
  • Land Acres: 0000000149
  • 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: 210600

Zoning

  • Zoning: R1A

Geography

  • Account Number: 14995
  • Parcel: PEAB M:0116 B:0193
  • Block: 193
  • Municipality: PEABODY
  • Latitude: 42.5075
  • Longitude: -70.9488

    Address

  • Full Address: 8 Griffin Rd
  • Address - House Number: 8
  • Address - Street Name: Griffin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C003
  • 4-Digit Zip Code: 6404
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $467,400
  • Initial Tax Delinquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 622,379
  • High Value: 731,640
  • Low Value: 513,117

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $512,500
  • Assessed Land Value: $231,400
  • Assessed Improvements Value: $281,100

    Sales

  • Current Sale Recording Date: Oct 29, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 181029004450
  • Previous Sale Recording Date: Oct 17, 2008
  • Previous Sale Amount: $275,000
  • 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 South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$399

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1722 ft²

Average Home Age

87.3 years

Currently For Sale

15 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# 70811774

Frequently Asked Questions

When was property at 8 Griffin Road built and last sold?
The property at 8 Griffin Road was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Griffin Road is $304,589.
What are some comparable homes to 8 Griffin Road?
There are currently no comparable homes to 8 Griffin Road.
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