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Peabody 01960 West Peabody
8 Worcester Road
$548,000
● House - Off Market

8 Worcester Road

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,892 Ft²
$786,185
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

LOCATION! LOCATION! This spacious split entry home located in the neighborhood of West Peabody and in move in condition, offers 9 rooms, 4 bedrooms 1 full and 1/2 baths. Hardwood floors throughout the first floor, freshly painted and vinyl siding. First floor offers spacious open-concept living-dining area, updated kitchen with granite counter tops, new stainless steel appliances and garbage disposer. Updated bathroom ( bath fitter ) with granite vanity top. Central air and 2 car garage with electric opener. Also there is an extra room for workshop attached to the house and a shed in the back yard. This location is convenient to shopping, medical facility and highways. This is an entry only listing.
Unit Size
1,892 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$291
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1960

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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 #72567996)

Price History

Date / Event Date Event Price
Dec 19, 2019 Sold
Premium
Sold
Sep 19, 2019 Listed by Sara Fishbane Real Estate $549,900
Listed by Sara Fishbane Real Estate
May 10, 2018 Sold
Premium
Sold
Mar 6, 2018 Listed by Sara Fishbane Real Estate $448,900
Listed by Sara Fishbane Real Estate

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 528
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,892
  • Gross Building Area: 1,892
  • Building Area: 1,892
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,892
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 210100

Zoning

  • Zoning: R1

Geography

  • Account Number: 1611
  • Parcel: PEAB M:0008 B:0128
  • Block: 128
  • Municipality: PEABODY
  • Latitude: 42.5577
  • Longitude: -71.0229

    Address

  • Full Address: 8 Worcester Rd
  • Address - House Number: 8
  • Address - Street Name: Worcester
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C036
  • 4-Digit Zip Code: 2106
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $604,200

    Appraisal Valuation

  • Standard Deviation: 0.1584
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 752,223
  • High Value: 882,586
  • Low Value: 621,859

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $662,500
  • Assessed Land Value: $318,800
  • Assessed Improvements Value: $343,700

    Sales

  • Current Sale Contract Date: Dec 19, 2019
  • Current Sale Recording Date: Dec 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191219003850
  • Previous Sale Recording Date: May 10, 2018
  • Previous Sale Amount: $416,000
  • 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 West Peabody

Stats & Trends

Median Asking:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2537 ft²

Average Home Age

48.3 years

Currently For Sale

7 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# 72567996

Frequently Asked Questions

When was property at 8 Worcester Road built and last sold?
The property at 8 Worcester Road was built in 1960 and last sold on Dec 19, 2019 for $548,000.
How much is this home worth?
The estimated value of the home located at 8 Worcester Road is $559,592.
What are some comparable homes to 8 Worcester Road?
There are currently no comparable homes to 8 Worcester Road.
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