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Peabody 01960 Peabody Town Center
8 Howard Avenue
$195,000
● House - Off Market

8 Howard Avenue

Peabody, MA 01960
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,144 Ft²
$639,980
RealtyHop Estimate
220.15%
Since Jan 1, 2000
MA-Boston
Primary Model

About This Property

SIT ON THE FRONT OR REAR PORCH OF THIS LOVINGLY CARED FOR BUNGALOW WITH ORIGINAL WOODWOK PANTRY AND BUILT-INS, PLUS ROOM TO EXPAND IN THE 44X26 SECOND FLOOR AWAITING YOUR TOUCHES. SUBJECT TO SELLER FINDING SUITABLE HOUSING.
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$175
Property Type
House
Property Taxes
$101
HOA Dues
-
Year Built
1931

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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 years ago (MLSPIN #30359815)

Price History

Date / Event Date Event Price
Dec 29, 2003 Sold
Premium
Sold
Oct 28, 2003 Listed $319,000
Listed
Dec 10, 1999 Sold
Premium
Sold
Oct 3, 1999 Listed $199,900
Listed

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • 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: 3
  • Exterior Walls Type: 18
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,144
  • Gross Building Area: 1,144
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 210700

Zoning

  • Zoning: R1

Geography

  • Account Number: 13021
  • Parcel: PEAB M:0104 B:0050
  • Block: 50
  • Municipality: PEABODY
  • Latitude: 42.518
  • Longitude: -70.9289

    Address

  • Full Address: 8 Howard Ave
  • Address - House Number: 8
  • Address - Street Name: Howard
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C041
  • 4-Digit Zip Code: 6117
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $380,000

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 552,602
  • High Value: 646,088
  • Low Value: 459,117

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $416,700
  • Assessed Land Value: $201,400
  • Assessed Improvements Value: $215,300

    Sales

  • Current Sale Recording Date: Dec 29, 2003
  • Current Sale Price:
    Premium
  • Current 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 Peabody Town Center

Stats & Trends

Median Asking:

$579,900

Sale Price/ft²

$388

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1534 ft²

Average Home Age

76.1 years

Currently For Sale

16 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30359815

Frequently Asked Questions

When was property at 8 Howard Avenue built and last sold?
The property at 8 Howard Avenue was built in 1931 and last sold on Jan 1, 1970 for $314,900.
How much is this home worth?
The estimated value of the home located at 8 Howard Avenue is $0.
What are some comparable homes to 8 Howard Avenue?
There are currently no comparable homes to 8 Howard Avenue.
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