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Peabody 01960 South Peabody
9 Alden Rd
$490,000
● House - Off Market

9 Alden Rd

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,320 Ft²
$659,974
RealtyHop Estimate
38.94%
Since Apr 1, 2020
MA-Boston
Primary Model

About This Property

JUST MOVE IN! THIS 4 BEDROOM 1 BATH CAPE WAS TOTALLY RENOVATED IN 2017.THE KITCHEN BOASTS WHITE SHAKER CABINETS,GRANITE COUNTERS,MOSAIC GLASS TILE BACK SPLASH,  BREAKFAST BAR AND STAINLESS APPLIANCES INCLUDING GAS STOVE AND RECESSED LIGHTING.BONUS DINING ROOM WITH FRENCH DOORS TO A 12X12 DECK OVERLOOKING A LARGE FENCED IN YARD.UPDATED ROOF,NEWER REPLACEMENT WINDOWS,GAS HEATING SYSTEM AND CENTRAL AIR.NEWER CARPETING ON SECOND FLOOR AND FRESHLY PAINTED THROUGHOUT.1 CAR DETACHED GARAGE.LARGE WALK-OUT BASEMENT WAITING TO BE FINISHED.MINUTES TO RT.128 &RT ONE.NICE PRIVATE DEAD END LOCATION.SHOWINGS BEGIN AT OPEN HOUSE TOMORROW AND SUNDAY FROM 12-2PM. ALL OFFERS DUE BY TUESDAY NOON.SUBJECT TO SELLER FINDING SUITABLE HOUSING.PROPERTY HAS BEEN IDENTIFIED.
Unit Size
1,320 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$360
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
1955

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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 #72619824)

Price History

Date / Event Date Event Price
Mar 27, 2020 Sold
Premium
Sold
Feb 14, 2020 Listed by Century 21 North East $475,000
Listed by Century 21 North East
Oct 27, 2017 Sold
Premium
Sold
Sep 11, 2017 Listed by Century 21 North East $399,900
Listed by Century 21 North East

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,962
  • Total Building Area: 1,320
  • Gross Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000229
  • 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: R1

Geography

  • Account Number: 12417
  • Parcel: PEAB M:0101 B:0111
  • Block: 111
  • Municipality: PEABODY
  • Latitude: 42.5157
  • Longitude: -70.9541

    Address

  • Full Address: 9 Alden Rd
  • Address - House Number: 9
  • Address - Street Name: Alden
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C045
  • 4-Digit Zip Code: 5219
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $504,200

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 656,172
  • High Value: 773,284
  • Low Value: 539,059

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $552,900
  • Assessed Land Value: $244,400
  • Assessed Improvements Value: $308,500

    Sales

  • Current Sale Contract Date: Mar 25, 2020
  • Current Sale Recording Date: Mar 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200327001700
  • Previous Sale Recording Date: Oct 27, 2017
  • Previous Sale Amount: $425,000
  • 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

$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# 72619824

Frequently Asked Questions

When was property at 9 Alden Road built and last sold?
The property at 9 Alden Road was built in 1955 and last sold on Mar 25, 2020 for $490,000.
How much is this home worth?
The estimated value of the home located at 9 Alden Road is $478,936.
What are some comparable homes to 9 Alden Road?
There are currently no comparable homes to 9 Alden Road.
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