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Peabody 01960 West Peabody
8 Helen Drive
$585,000
● House - Off Market

8 Helen Drive

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,464 Ft²
$953,523
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

LOCATION-LOCATION-LOCATION!!  Large 4 bedroom Colonial located in cul-de-sac neighborhood in West Peabody.  First floor has large eat-in kitchen with island and slider to beautifully landscaped yard; fireplace family room; bright, sunny living room; dining room with bay window and hardwood flooring; and half bath with washer and dryer hookup.  Second floor boasts four large bedrooms with good size closets.  Crown moldings throughout. Master includes a full size master bath. Recent updates include newer roof with ice shield, heating system, water heater, doors and windows. Also included is a full size basement and bonus room over garage (insulated, plumbed for heat electric & phone - not finished).  Professionally landscaped yard in lovely neighborhood.  Perfect home for entertaining and family.
Unit Size
2,464 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$231
Property Type
House
Property Taxes
$436
HOA Dues
-
Year Built
1987

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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 #71977034)

Price History

Date / Event Date Event Price
Jun 24, 2016 Sold
Premium
Sold
Mar 23, 2016 Listed by Century 21 North Shore $569,999
Listed by Century 21 North Shore

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,005
  • Total Building Area: 3,348
  • Gross Building Area: 3,348
  • Building Area: 3,348
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,348
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DANVERS & PEABODY
  • Land Acres: 0000000482
  • 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: 2026
  • Parcel: PEAB M:0012 B:0005
  • Block: 5
  • Municipality: PEABODY
  • Latitude: 42.5585
  • Longitude: -70.9895

    Address

  • Full Address: 8 Helen Dr
  • Address - House Number: 8
  • Address - Street Name: Helen
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C035
  • 4-Digit Zip Code: 1234
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $851,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1499
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 965,073
  • High Value: 1,109,833
  • Low Value: 820,314

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $933,200
  • Assessed Land Value: $324,500
  • Assessed Improvements Value: $608,700

    Sales

  • Current Sale Recording Date: Jun 24, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 125
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

51

Average Home Size

2101 ft²

Average Home Age

53.6 years

Currently For Sale

11 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# 71977034

Frequently Asked Questions

When was property at 8 Helen Drive built and last sold?
The property at 8 Helen Drive was built in 1987 and last sold on Jan 1, 1970 for $585,000.
How much is this home worth?
The estimated value of the home located at 8 Helen Drive is $598,076.
What are some comparable homes to 8 Helen Drive?
There are currently no comparable homes to 8 Helen Drive.
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