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Peabody 01960 Proctor
8 Violet Rd
$325,000
● House - Off Market

8 Violet Rd

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,248 Ft²
$514,162
RealtyHop Estimate
60.73%
Since Apr 1, 2017
MA-Boston
Primary Model

About This Property

All American Classic Cape in an Adorable, Charming Neighborhood in Peabody. This Home Offers 3 Adequately Sized Bedrooms and 1 Bathroom (Might be Able to Add a Second).  Bonus Finished Family Room in Basement! Fully Applianced Kitchen was Recently Updated within the Last 3 Years. New Roof in 2012. Kick Back, Relax and Enjoy Your Fully Fenced Yard Which Features an Inground Pool for your Summer Enjoyment! Pool has a Brand New Liner. Electric was updated to 200 Amps in 2006. Convenient to Rte 128, Rte 1 and Rte 95.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$256
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1950

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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 months ago (MLSPIN #72068422)

Price History

Date / Event Date Event Price
Mar 31, 2017 Sold
Premium
Sold
Sep 15, 2016 Listed by LAER Realty Partners $319,900
Listed by LAER Realty Partners
Nov 2, 2006 Sold
Premium
Sold
Oct 2, 2006 Listed by LAER Realty Partners $319,900
Listed by LAER Realty Partners

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 6,434
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000148
  • 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: 210401

Zoning

  • Zoning: R1A

Geography

  • Account Number: 7174
  • Parcel: PEAB M:0063 B:0017
  • Block: 17
  • Municipality: PEABODY
  • Latitude: 42.5374
  • Longitude: -70.937

    Address

  • Full Address: 8 Violet Rd
  • Address - House Number: 8
  • Address - Street Name: Violet
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C038
  • 4-Digit Zip Code: 3172
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $436,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 605,283
  • High Value: 712,448
  • Low Value: 498,117

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $478,300
  • Assessed Land Value: $230,900
  • Assessed Improvements Value: $247,400

    Sales

  • Current Sale Recording Date: Mar 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 837
  • Previous Sale Recording Date: Nov 02, 2006
  • Previous Sale Amount: $319,900
  • 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 Proctor

Stats & Trends

Median Asking:

$604,450

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1885 ft²

Average Home Age

78.7 years

Currently For Sale

12 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# 72068422

Frequently Asked Questions

When was property at 8 Violet Road built and last sold?
The property at 8 Violet Road was built in 1950 and last sold on Jan 1, 1970 for $325,000.
How much is this home worth?
The estimated value of the home located at 8 Violet Road is $332,325.
What are some comparable homes to 8 Violet Road?
There are currently no comparable homes to 8 Violet Road.
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