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Peabody 01960 South Peabody
8 Hillside Avenue
Photo of 8 Hillside Avenue
Sold on Mar 30, 2007

1

Map

$349,000
● House - Off Market

8 Hillside Avenue

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,392 Ft²
$658,760
RealtyHop Estimate
88.76%
Since Apr 1, 2007
MA-Boston
Primary Model

About This Property

Lovely freshly  painted  garrison features fireplaced livingroom, eat in kitchen,formal dining room or family room with 1/2 bath on 1st.  2nd fl. boasts 3 bedrooms, with walkin closet in master--plus walk up attic for storage.Set on pretty  level lot that  leads to 1 car garage. Close to  Brown's Pond.  Great value--Move right in, property is vacant.
Unit Size
1,392 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$251
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
1948

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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 #70535523)

Price History

Date / Event Date Event Price
Mar 30, 2007 Sold
Premium
Sold
Mar 6, 2007 Listed $349,000
Listed
Oct 15, 2003 Sold
Premium
Sold
Aug 15, 2003 Listed $325,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,251
  • 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: 4
  • Heated Square Feet: 1,422
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000144
  • 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: 210500

Zoning

  • Zoning: R1A

Geography

  • Account Number: 15158
  • Parcel: PEAB M:0120 B:0088
  • Block: 88
  • Municipality: PEABODY
  • Latitude: 42.4994
  • Longitude: -70.96

    Address

  • Full Address: 8 Hillside Ave
  • Address - House Number: 8
  • Address - Street Name: Hillside
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C009
  • 4-Digit Zip Code: 6513
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $477,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1499
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 620,523
  • High Value: 713,593
  • Low Value: 527,454

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $523,200
  • Assessed Land Value: $229,500
  • Assessed Improvements Value: $293,700

    Sales

  • Current Sale Recording Date: Mar 30, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 76537
  • Previous Sale Recording Date: Oct 15, 2003
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: 48
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

$400

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1909 ft²

Average Home Age

88.1 years

Currently For Sale

13 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70535523

Frequently Asked Questions

When was property at 8 Hillside Avenue built and last sold?
The property at 8 Hillside Avenue was built in 1948 and last sold on Jan 1, 1970 for $349,000.
How much is this home worth?
The estimated value of the home located at 8 Hillside Avenue is $360,994.
What are some comparable homes to 8 Hillside Avenue?
There are currently no comparable homes to 8 Hillside Avenue.
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