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Peabody 01960 South Peabody
8A Johnson Avenue
$360,000
● House - Off Market

8A Johnson Avenue

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,512 Ft²
$632,823
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

Still looks crisp and feels like new!  Fashionable 2002, cape style, modular home on tree lined side street. First floor open floor plan from living room, dining area and kitchen. Extra large kitchen has bountiful cabinets and counter space and roomy eating area for a good sized table. Living room shouts relax!  First floor bedroom has versatile use.  Full bath on both main and upper levels. Second level houses 2 front to back bedrooms.  Full basement with high ceilings awaits your finishing flair.  Central air, front and back irrigation system, and composite front farmer's porch.  Hot water heater 3 years. We mean it when we say move right in!
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$244
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1946

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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 #71936899)

Price History

Date / Event Date Event Price
Nov 20, 2020 Sold
Premium
Sold
Mar 29, 2016 Sold
Premium
Sold
Nov 30, 2015 Listed by RE/MAX Advantage Real Estate $369,000
Listed by RE/MAX Advantage Real Estate
Jul 29, 2003 Sold
Premium
Sold
Jan 25, 2002 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 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: 4,500
  • Total Building Area: 1,260
  • Gross Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELMWOOD MANOR
  • Land Acres: 0000000103
  • 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: 12664
  • Parcel: PEAB M:0102 B:0130
  • Block: 130
  • Municipality: PEABODY
  • Latitude: 42.5159
  • Longitude: -70.9508

    Address

  • Full Address: 8 Johnson Ave
  • Address - House Number: 8
  • Address - Street Name: Johnson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C045
  • 4-Digit Zip Code: 5226
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $457,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1715
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 609,409
  • High Value: 713,971
  • Low Value: 504,847

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $501,700
  • Assessed Land Value: $216,200
  • Assessed Improvements Value: $285,500

    Sales

  • Current Sale Recording Date: Jul 29, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 25, 2002
  • Previous Sale Amount: $118,000
  • 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

$407

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2281 ft²

Average Home Age

69.8 years

Currently For Sale

14 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# 71936899

Frequently Asked Questions

When was property at 8A Johnson Avenue built and last sold?
The property at 8A Johnson Avenue was built in 1946 and last sold on Jan 1, 1970 for $345,000.
How much is this home worth?
The estimated value of the home located at 8A Johnson Avenue is $381,388.
What are some comparable homes to 8A Johnson Avenue?
There are currently no comparable homes to 8A Johnson Avenue.
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