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Peabody 01960 Proctor
8 Longstreet Road
$621,800
● House - Off Market

8 Longstreet Road

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,392 Ft²
$589,231
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

Great neighborhood to be a part of so close to Brooksby Farm. Long time family home can now be yours. Solid home and very clean, having 3 bedrooms and one full bath off master and hall and one half bath on lower level. Beautifully kept wood floors and plenty of sunshine flowing through the large windows. With just a few upgrades this multi-leveled home can be your amazing place to begin memories. Layout of this home can accommodate just about any event or gathering. Finish the basement for more living space if you like or need. Wonderful location for commuters, shoppers, medical, rail trail etc...Roof: 2010, Furnace: 2018, Kitchen: 2009 with Corian counters.
Unit Size
1,392 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$417
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1960

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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 #72967955)

Price History

Date / Event Date Event Price
Jun 6, 2022 Sold
Premium
Sold
Apr 19, 2022 Listed by J. Barrett & Company $579,900
Listed by J. Barrett & Company

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 288
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,188
  • Total Building Area: 1,392
  • Gross Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000440
  • 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: 210301

Zoning

  • Zoning: R1A

Geography

  • Account Number: 5779
  • Parcel: PEAB M:0050 B:0063
  • Block: 63
  • Municipality: PEABODY
  • Latitude: 42.542
  • Longitude: -70.9566

    Address

  • Full Address: 8 Longstreet Rd
  • Address - House Number: 8
  • Address - Street Name: Longstreet
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C005
  • 4-Digit Zip Code: 2809
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $516,100

    Appraisal Valuation

  • Standard Deviation: 0.1586
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 685,318
  • High Value: 794,071
  • Low Value: 576,565

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $565,900
  • Assessed Land Value: $322,700
  • Assessed Improvements Value: $243,200

    Sales

  • Current Sale Contract Date: Jun 06, 2022
  • Current Sale Recording Date: Jun 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220606002010
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 Proctor

Stats & Trends

Median Asking:

$599,999

Sale Price/ft²

$375

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1777 ft²

Average Home Age

69.8 years

Currently For Sale

18 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# 72967955

Frequently Asked Questions

When was property at 8 Longstreet Road built and last sold?
The property at 8 Longstreet Road was built in 1960 and last sold on Jun 6, 2022 for $621,800.
How much is this home worth?
The estimated value of the home located at 8 Longstreet Road is $588,865.
What are some comparable homes to 8 Longstreet Road?
There are currently no comparable homes to 8 Longstreet Road.
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