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Peabody 01960 South Peabody
8 Manuel Dr
$630,000
● House - Off Market

8 Manuel Dr

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,310 Ft²
$875,334
RealtyHop Estimate
38.94%
Since Apr 1, 2020
MA-Boston
Primary Model

About This Property

NEW CONSTRUCTION! Boulderwood Subdivision. 3 Bed 3 Bath, 2 Car Garage,Master Bed w/ walk in Closet and Master Bath. Kitchen w/ Schrock Maple Cabinets and Granite Counter tops,SS Appliances included, Red Oak Hardwood Floors, Central Air. Close Proximity to Major Routes. NEW STREET Not on Google maps.
Unit Size
2,310 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$273
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2018

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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 months ago (MLSPIN #72570279)

Price History

Date / Event Date Event Price
Mar 9, 2020 Sold
Premium
Sold
Sep 25, 2019 Listed by Solimine Real Estate $630,000
Listed by Solimine Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,684
  • Total Building Area: 2,330
  • Gross Building Area: 2,330
  • Building Area: 2,330
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,330
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000337
  • 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: R1

Geography

  • Parcel: PEAB M:0119 B:0057
  • Block: 57
  • Municipality: PEABODY
  • Latitude: 42.5045
  • Longitude: -70.9706

    Address

  • Full Address: 8 Manuel Dr
  • Address - House Number: 8
  • Address - Street Name: Manuel
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C008
  • 4-Digit Zip Code: 0042
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $758,700

    Appraisal Valuation

  • Standard Deviation: 0.2127
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 856,386
  • High Value: 1,004,315
  • Low Value: 708,457

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $831,900
  • Assessed Land Value: $317,400
  • Assessed Improvements Value: $514,500

    Sales

  • Current Sale Contract Date: Mar 09, 2020
  • Current Sale Recording Date: Mar 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200309004210
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

$402

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2002 ft²

Average Home Age

78.8 years

Currently For Sale

12 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: 4 months ago
Data Source: MLS PIN, MLS# 72570279

Frequently Asked Questions

When was property at 8 Manuel Drive built and last sold?
The property at 8 Manuel Drive was built in 2018 and last sold on Mar 9, 2020 for $630,000.
How much is this home worth?
The estimated value of the home located at 8 Manuel Drive is $651,732.
What are some comparable homes to 8 Manuel Drive?
There are currently no comparable homes to 8 Manuel Drive.
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