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

8 Sunset Dr

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,896 Ft²
$3,562
Est. Monthly

About This Property

newly priced oversized cape located on a dead end street in a sought after location in South Peabody within walking distance of Browns Pond. The exterior features natural wood siding, granite stairs to the front entrance and a large level lot and driveway. Upon entering your home on the main level there are gleaming hardwood floors, a fireplaced living room, 2 bedrooms, a full bath and an open concept oversized kitchen with a generous amount of cabinets and a wraparound kitchen island with stools. The kitchen area leads to sliders to a large wood deck to enjoy your yard and patio. The second level features 2 bedrooms with skylights, a walk in closet, and a full bath. Enjoy the central air throughout.Seller reserves the right to accept an offer at any time  Offers due mon 5/20 @5 pm
Unit Size
1,896 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$332
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1951

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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 #73231636)

Price History

Date / Event Date Event Price
Jun 18, 2024 Sold
Premium
Sold
May 1, 2024 Listed by Five Star Realty Group $629,900
Listed by Five Star Realty Group
Oct 1, 1980 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 10,167
  • Total Building Area: 1,896
  • Gross Building Area: 1,896
  • Building Area: 1,896
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,896
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000233
  • 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: 210600

Zoning

  • Zoning: R1A

Geography

  • Account Number: 15342
  • Parcel: PEAB M:0121 B:0080
  • Block: 80
  • Municipality: PEABODY
  • Latitude: 42.5023
  • Longitude: -70.9506

    Address

  • Full Address: 8 Sunset Dr
  • Address - House Number: 8
  • Address - Street Name: Sunset
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Peabody
  • Carrier Code: C015
  • 4-Digit Zip Code: 6610
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $562,300

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 697,173
  • High Value: 807,295
  • Low Value: 587,052

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $616,600
  • Assessed Land Value: $244,600
  • Assessed Improvements Value: $372,000

    Sales

  • Current Sale Recording Date: Oct 01, 1980
  • Current Sale Price:
    Premium
  • Current 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

$410

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2212 ft²

Average Home Age

70.1 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73231636

Frequently Asked Questions

When was property at 8 Sunset Drive built and last sold?
The property at 8 Sunset Drive was built in 1951 and last sold on Jan 1, 1970 for $47,500.
How much is this home worth?
The estimated value of the home located at 8 Sunset Drive is $637,587.
What are some comparable homes to 8 Sunset Drive?
There are currently no comparable homes to 8 Sunset Drive.
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