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Peabody 01960 South Peabody
81 Fairview Ave
Photo of 81 Fairview Ave
Sold on Aug 31, 2007

1

Map

$275,000
● House - Off Market

81 Fairview Ave

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$541,928
RealtyHop Estimate
87.52%
Since Sep 1, 2007
MA-Boston
Primary Model

About This Property

Same family has owned for over 60 years. Great Brown's Pond neighborhood. Very well-maintained, clean home you can move right into.  Wood floors.  Updated mechanical systems, newer roofing.  Front covered porch, great back yard.  Owner relocating, contents can be included.  Dry basement, no water problems during recent area flooding.  You won't be disappointed with this one!
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$274
Property Type
House
Property Taxes
$188
HOA Dues
-
Year Built
1927

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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: 5 months ago (MLSPIN #70618726)

Price History

Date / Event Date Event Price
Aug 31, 2007 Sold
Premium
Sold
Jul 21, 2007 Listed $289,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 1
  • 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: 1,232
  • Gross Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,232
  • 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: 15397
  • Parcel: PEAB M:0124 B:0034
  • Block: 34
  • Municipality: PEABODY
  • Latitude: 42.499
  • Longitude: -70.9586

    Address

  • Full Address: 81 Fairview Ave
  • Address - House Number: 81
  • Address - Street Name: Fairview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C009
  • 4-Digit Zip Code: 6538
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $474,300

    Appraisal Valuation

  • Standard Deviation: 0.256
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 599,281
  • High Value: 709,724
  • Low Value: 488,838

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $520,100
  • Assessed Land Value: $220,000
  • Assessed Improvements Value: $300,100

    Sales

  • Current Sale Recording Date: Aug 31, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 80884
  • Previous Sale Recording Date: Aug 31, 2007
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: 48
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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70618726

Frequently Asked Questions

When was property at 81 Fairview Avenue built and last sold?
The property at 81 Fairview Avenue was built in 1927 and last sold on Jan 1, 1970 for $275,000.
How much is this home worth?
The estimated value of the home located at 81 Fairview Avenue is $296,622.
What are some comparable homes to 81 Fairview Avenue?
There are currently no comparable homes to 81 Fairview Avenue.
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