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Peabody 01960 Proctor
8 Raymond Cir
$440,000
● House - Off Market

8 Raymond Cir

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,877 Ft²
$656,620
RealtyHop Estimate
47.55%
Since Mar 1, 2019
MA-Boston
Primary Model

About This Property

Well cared for ranch home in sought after Peabody neighborhood location very close to the elementary and middle schools. This home is in excellent condition and offers the opportunity for one level living with additional living space and in-law potential in the basement. Private fenced in back yard with gunite inground pool. Two full baths. Low traffic neighborhood off of the main streets, yet minutes to the highway for easy commuter access. This home is a must see, please schedule a private tour today!
Unit Size
1,877 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$237
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1955

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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: 5 months ago (MLSPIN #72420061)

Price History

Date / Event Date Event Price
Feb 11, 2019 Sold
Premium
Sold
Nov 5, 2018 Listed by eXp Realty $445,000
Listed by eXp Realty
Aug 28, 2014 Sold
Premium
Sold
Jul 16, 2014 Listed by eXp Realty $399,000
Listed by eXp Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 7,279
  • Total Building Area: 1,044
  • Gross Building Area: 1,044
  • Building Area: 1,044
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,044
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAYMOND CIRCLE DEV
  • Land Acres: 0000000167
  • 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: 210402

Zoning

  • Zoning: R1A

Geography

  • Account Number: 10167
  • Parcel: PEAB M:0083 B:0125
  • Block: 125
  • Municipality: PEABODY
  • Latitude: 42.5275
  • Longitude: -70.9472

    Address

  • Full Address: 8 Raymond Cir
  • Address - House Number: 8
  • Address - Street Name: Raymond
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Peabody
  • Carrier Code: C032
  • 4-Digit Zip Code: 4117
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $484,400

    Appraisal Valuation

  • Standard Deviation: 0.1586
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 639,899
  • High Value: 741,445
  • Low Value: 538,354

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $531,100
  • Assessed Land Value: $237,300
  • Assessed Improvements Value: $293,800

    Sales

  • Current Sale Contract Date: Jan 31, 2019
  • Current Sale Recording Date: Feb 11, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190211002080
  • Previous Sale Recording Date: Aug 28, 2014
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: O
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:

$589,000

Sale Price/ft²

$380

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1778 ft²

Average Home Age

67.2 years

Currently For Sale

22 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72420061

Frequently Asked Questions

When was property at 8 Raymond Circle built and last sold?
The property at 8 Raymond Circle was built in 1955 and last sold on Jan 31, 2019 for $440,000.
How much is this home worth?
The estimated value of the home located at 8 Raymond Circle is $460,563.
What are some comparable homes to 8 Raymond Circle?
There are currently no comparable homes to 8 Raymond Circle.
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