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Peabody 01960 West Peabody
8 Jackson Avenue
$529,000
● House - Off Market

8 Jackson Avenue

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,368 Ft²
$768,715
RealtyHop Estimate
48.11%
Since Jul 1, 2018
MA-Boston
Primary Model

About This Property

Paradise in Presidential Heights! Large Split Entry with a separate living area on the lower level. Beautifully updated kitchen has granite countertops and walls that have been opened up. Gleaming hardwood flooring throughout the living room.  3 bedrooms upstairs including a master with 1/2 bath.  Lower level has an approved FALA living space with it's own separate entrance.  Owners use lower level family room as a guest bedroom that could be #5.  LL living space has a walk-in shower & it's own kitchen, bathroom and bedroom.  Back yard features tiered level decks that go right into an above ground pool.  Oversized screened in porch is perfect for summer entertaining by the pool. .
Unit Size
2,368 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$219
Property Type
House
Property Taxes
$388
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: 4 months ago (MLSPIN #72304874)

Price History

Date / Event Date Event Price
Jun 15, 2018 Sold
Premium
Sold
Apr 6, 2018 Listed by RE/MAX Partners $519,000
Listed by RE/MAX Partners
Apr 29, 1988 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,599
  • Total Building Area: 2,200
  • Gross Building Area: 2,200
  • Building Area: 2,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,200
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRESIDENTIAL HILL
  • Land Acres: 0000000358
  • 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: 2428
  • Parcel: PEAB M:0015 B:0162
  • Block: 162
  • Municipality: PEABODY
  • Latitude: 42.5542
  • Longitude: -71.0154

    Address

  • Full Address: 8 Jackson Ave
  • Address - House Number: 8
  • Address - Street Name: Jackson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C026
  • 4-Digit Zip Code: 2206
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $612,300

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 776,071
  • High Value: 910,710
  • Low Value: 641,432

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $671,400
  • Assessed Land Value: $319,300
  • Assessed Improvements Value: $352,100

    Sales

  • Current Sale Recording Date: Jun 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180615004980
  • Previous Sale Recording Date: Apr 29, 1988
  • Previous Sale Amount: $189,000
  • 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 West Peabody

Stats & Trends

Median Asking:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2537 ft²

Average Home Age

48.3 years

Currently For Sale

7 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: 4 months ago
Data Source: MLS PIN, MLS# 72304874

Frequently Asked Questions

When was property at 8 Jackson Avenue built and last sold?
The property at 8 Jackson Avenue was built in 1960 and last sold on Jan 1, 1970 for $529,000.
How much is this home worth?
The estimated value of the home located at 8 Jackson Avenue is $540,707.
What are some comparable homes to 8 Jackson Avenue?
There are currently no comparable homes to 8 Jackson Avenue.
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