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Peabody 01960 West Peabody
8 Mulberry Drive
$455,000
● House - Off Market

8 Mulberry Drive

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,608 Ft²
$662,312
RealtyHop Estimate
50.56%
Since Apr 1, 2018
MA-Boston
Primary Model

About This Property

Desirable West Peabody Location!!  Much sought after one-floor living in this 6 room Ranch featuring spacious family room with updated skylight (2010) and sliders to yard, large kitchen with dining area, fireplace living room, master bedroom with half bath, central air, large yard with storage shed, maintenance-free vinyl siding, updated windows, slider, heat, hot water, electric and oil tank.
Unit Size
1,608 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$274
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1961

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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 #72274282)

Price History

Date / Event Date Event Price
Mar 14, 2018 Sold
Premium
Sold
Jan 25, 2018 Listed by Carpenito Real Estate, Inc. $439,900
Listed by Carpenito Real Estate, Inc.
Oct 2, 2006 Sold
Premium
Sold
Aug 7, 2006 Listed $374,900
Listed
Lovely California Ranch in West Peabody - 3 bedrooms, 1.5 baths, large family room with skylight and bow window off eat-in kitchen with skylight, living room w/fireplace, separate dining area, attic storage, beautiful level fenced lot w/storage shed. All this and in a great neighborhood! Nothing to do but move right in!

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,608
  • Gross Building Area: 1,608
  • Building Area: 1,608
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,608
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 210200

Zoning

  • Zoning: R1

Geography

  • Account Number: 6460
  • Parcel: PEAB M:0056 B:0084
  • Block: 84
  • Municipality: PEABODY
  • Latitude: 42.5361
  • Longitude: -71.0043

    Address

  • Full Address: 8 Mulberry Dr
  • Address - House Number: 8
  • Address - Street Name: Mulberry
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C047
  • 4-Digit Zip Code: 4648
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $530,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1669
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 673,390
  • High Value: 785,821
  • Low Value: 560,958

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $582,100
  • Assessed Land Value: $318,800
  • Assessed Improvements Value: $263,300

    Sales

  • Current Sale Recording Date: Mar 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180314004030
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72274282

Frequently Asked Questions

When was property at 8 Mulberry Drive built and last sold?
The property at 8 Mulberry Drive was built in 1961 and last sold on Jan 1, 1970 for $455,000.
How much is this home worth?
The estimated value of the home located at 8 Mulberry Drive is $448,432.
What are some comparable homes to 8 Mulberry Drive?
There are currently no comparable homes to 8 Mulberry Drive.
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