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Peabody 01960 South Peabody
81 Bowditch Ave
$411,000
● House - Off Market

81 Bowditch Ave

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,400 Ft²
$676,933
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

You will feel as if you are on an endless vacation in this resort-like house. Your relatives and friends will be very comfortable too, as this place comes with inlaw potential and its own entrance and a separate kitchen for extended stay guests or live-in family members. Situated on a quiet cul-de-sac, this house has everything; a large beautiful yard with fruit trees, sprinkler system, 2 levels of living space, a deck, a patio, a heated indoor pool with a fireplace, fresh Bendjamin Moore paint, new heating, an updated plumbing, baths and granite kitchens, hardwood floors, parking for 12+ cars and easy access to major routes, restaurants and shopping. Added benefits are Peabody's low taxes, electric and water bills.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$162
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1964

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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: 5 months ago (MLSPIN #71850202)

Price History

Date / Event Date Event Price
Aug 21, 2015 Sold
Premium
Sold
Jun 3, 2015 Listed by Century 21 North Shore $389,900
Listed by Century 21 North Shore
Jun 4, 2004 Sold
Premium
Sold
Mar 29, 2004 Listed by Century 21 North Shore $429,000
Listed by Century 21 North Shore
Jun 1, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 13,752
  • Total Building Area: 2,144
  • Gross Building Area: 2,144
  • Building Area: 2,144
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,144
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OVERLEA
  • Land Acres: 0000000316
  • 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: 15524
  • Parcel: PEAB M:0124 B:0161
  • Block: 161
  • Municipality: PEABODY
  • Latitude: 42.4963
  • Longitude: -70.9548

    Address

  • Full Address: 81 Bowditch Ave
  • Address - House Number: 81
  • Address - Street Name: Bowditch
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C009
  • 4-Digit Zip Code: 6667
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $607,600

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 743,188
  • High Value: 872,122
  • Low Value: 614,254

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $666,200
  • Assessed Land Value: $247,600
  • Assessed Improvements Value: $418,600

    Sales

  • Current Sale Recording Date: Aug 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 106
  • Previous Sale Recording Date: Jun 04, 2004
  • Previous Sale Amount: $424,000
  • 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

$400

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1909 ft²

Average Home Age

88.1 years

Currently For Sale

13 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: 5 months ago
Data Source: MLS PIN, MLS# 71850202

Frequently Asked Questions

When was property at 81 Bowditch Avenue built and last sold?
The property at 81 Bowditch Avenue was built in 1964 and last sold on Jan 1, 1970 for $411,000.
How much is this home worth?
The estimated value of the home located at 81 Bowditch Avenue is $422,920.
What are some comparable homes to 81 Bowditch Avenue?
There are currently no comparable homes to 81 Bowditch Avenue.
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