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Peabody 01960 South Peabody
8 Starbard Terrace
$230,000
● House - Off Market

8 Starbard Terrace

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,650 Ft²
$728,530
RealtyHop Estimate
210.01%
Since Apr 1, 2000
MA-Boston
Primary Model

About This Property

IDEAL FOR STARTERS OR DOWNSIZERS. HAS REAL IN-LAW POTENTIAL. EASY ONE FLOOR-WITH FAMILY ROOM/DEN OFF KITCHEN.  LL FAMILY RM. HAS CORNER FPL.BEDROOM AND BATH. GAR. UNDER W/EASY ACCESS. PRE-QUALIFICATION WITH OFFERS. 24 HRS. FOR RESPONSE.
Unit Size
1,650 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$142
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1965

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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 years ago (MLSPIN #30387151)

Price History

Date / Event Date Event Price
Mar 20, 2000 Sold
Premium
Sold
Feb 21, 2000 Listed $235,000
Listed
Nov 3, 1999 Listed $229,900
Listed
Dec 8, 1989 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 216
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,020
  • Total Building Area: 1,861
  • Gross Building Area: 1,861
  • Building Area: 1,861
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,861
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEABODY
  • Land Acres: 0000000138
  • 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

  • Account Number: 14766
  • Parcel: PEAB M:0115 B:0331
  • Block: 331
  • Municipality: PEABODY
  • Latitude: 42.5064
  • Longitude: -70.9612

    Address

  • Full Address: 8 Starbard Ter
  • Address - House Number: 8
  • Address - Street Name: Starbard
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Peabody
  • Carrier Code: C008
  • 4-Digit Zip Code: 6221
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $548,000

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 672,732
  • High Value: 810,578
  • Low Value: 534,885

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $600,900
  • Assessed Land Value: $227,800
  • Assessed Improvements Value: $373,100

    Sales

  • Current Sale Recording Date: Mar 20, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 08, 1989
  • Previous Sale Amount: $172,000
  • Previous Sale Document Type: 27
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

$403

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2112 ft²

Average Home Age

75.5 years

Currently For Sale

15 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: 4 years ago
Data Source: MLS PIN, MLS# 30387151

Frequently Asked Questions

When was property at 8 Starbard Terrace built and last sold?
The property at 8 Starbard Terrace was built in 1965 and last sold on Jan 1, 1970 for $230,000.
How much is this home worth?
The estimated value of the home located at 8 Starbard Terrace is $0.
What are some comparable homes to 8 Starbard Terrace?
There are currently no comparable homes to 8 Starbard Terrace.
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