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Peabody 01960 South Peabody
80 Fairview Ave
$235,000
● House - Off Market

80 Fairview Ave

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,984 Ft²
$513,081
RealtyHop Estimate
108.15%
Since Dec 1, 2012
MA-Boston
Primary Model

About This Property

Streamline Short Sale. List Price Pre-Approved by Lender. Need space? This home has it! Spacious, 4 Bedroom Home with 2 Full Baths in the Brown's Pond Area of Peabody. Sunny, open kitchen and dining area with high ceilings.  Some hardwoods. Plenty of off-street parking. Needs work, but at this price, it's worth the effort.
Unit Size
1,984 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$124
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1915

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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 #71438116)

Price History

Date / Event Date Event Price
Nov 4, 2020 Sold
Premium
Sold
Sep 9, 2020 Listed by RE/MAX Advantage Real Estate $549,900
Listed by RE/MAX Advantage Real Estate
Nov 29, 2012 Sold
Premium
Sold
Sep 20, 2012 Listed by RE/MAX Advantage Real Estate $246,500
Listed by RE/MAX Advantage Real Estate
Dec 23, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 5,001
  • Total Building Area: 1,984
  • Gross Building Area: 1,984
  • Building Area: 1,984
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,984
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: R1A

Geography

  • Account Number: 15403
  • Parcel: PEAB M:0124 B:0040
  • Block: 40
  • Municipality: PEABODY
  • Latitude: 42.4986
  • Longitude: -70.9586

    Address

  • Full Address: 80 Fairview Ave
  • Address - House Number: 80
  • Address - Street Name: Fairview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C009
  • 4-Digit Zip Code: 6540
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $549,200

    Appraisal Valuation

  • Standard Deviation: 0.1726
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 684,563
  • High Value: 802,812
  • Low Value: 566,314

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $602,200
  • Assessed Land Value: $220,000
  • Assessed Improvements Value: $382,200

    Sales

  • Current Sale Contract Date: Oct 29, 2020
  • Current Sale Recording Date: Nov 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 618218
  • Previous Sale Recording Date: Nov 29, 2012
  • Previous Sale Amount: $235,000
  • 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 South Peabody

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$405

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2161 ft²

Average Home Age

75.1 years

Currently For Sale

16 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# 71438116

Frequently Asked Questions

When was property at 80 Fairview Avenue built and last sold?
The property at 80 Fairview Avenue was built in 1915 and last sold on Oct 29, 2020 for $550,000.
How much is this home worth?
The estimated value of the home located at 80 Fairview Avenue is $551,149.
What are some comparable homes to 80 Fairview Avenue?
There are currently no comparable homes to 80 Fairview Avenue.
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