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Peabody 01960 West Peabody
8 Normandy Dr
$407,500
● House - Off Market

8 Normandy Dr

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,724 Ft²
$795,392
RealtyHop Estimate
89.83%
Since Dec 1, 2013
MA-Boston
Primary Model

About This Property

Desirable West Peabody, Meticulously maintained open concept, 3 bedroom 2 bath ranch.  Nothing to do but move in. Updated kitchen w/ granite and stainless steel appliances. New flooring, crown molding, electrical, and just painted. Irrigation system, central ac and inground pool ( New liner to be installed before closing ).
Unit Size
1,724 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$243
Property Type
House
Property Taxes
$318
HOA Dues
-
Year Built
1969

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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 #71567279)

Price History

Date / Event Date Event Price
Nov 14, 2013 Sold
Premium
Sold
Aug 9, 2013 Listed by Merrimack Realty Group $419,000
Listed by Merrimack Realty Group
Nov 12, 2010 Sold
Premium
Sold
Sep 1, 2010 Listed by Merrimack Realty Group $349,900
Listed by Merrimack Realty Group
Aug 14, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 15,072
  • Total Building Area: 1,724
  • Gross Building Area: 1,724
  • Building Area: 1,724
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,724
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000346
  • 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: 6514
  • Parcel: PEAB M:0057 B:0037
  • Block: 37
  • Municipality: PEABODY
  • Latitude: 42.5379
  • Longitude: -70.9952

    Address

  • Full Address: 8 Normandy Dr
  • Address - House Number: 8
  • Address - Street Name: Normandy
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C029
  • 4-Digit Zip Code: 3758
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $599,800

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 782,782
  • High Value: 906,822
  • Low Value: 658,743

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $657,700
  • Assessed Land Value: $318,800
  • Assessed Improvements Value: $338,900

    Sales

  • Current Sale Recording Date: Nov 14, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 548055
  • Previous Sale Recording Date: Nov 12, 2010
  • Previous Sale Amount: $325,500
  • Previous Sale Document Type: 48
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:

$735,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2404 ft²

Average Home Age

51.1 years

Currently For Sale

8 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# 71567279

Frequently Asked Questions

When was property at 8 Normandy Drive built and last sold?
The property at 8 Normandy Drive was built in 1969 and last sold on Jan 1, 1970 for $407,500.
How much is this home worth?
The estimated value of the home located at 8 Normandy Drive is $427,446.
What are some comparable homes to 8 Normandy Drive?
There are currently no comparable homes to 8 Normandy Drive.
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