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Peabody 01960 South Peabody
9 Bowen Rd
Photo of 9 Bowen Rd
Sold on Jul 25, 2025

39

Map

Photo of 9 Bowen Rd
Photo of 9 Bowen Rd
$526,500
● House - Off Market

9 Bowen Rd

Peabody, MA 01960
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,115 Ft²
$2,826
Est. Monthly
3.91%
Cap Rate

About This Property

This South Peabody Ranch is located in a desirable area, opposite Brown's Pond! The home has been maintained by owner of over 30 years. There have been numerous updates, but is also ready for your cosmetic touch.  Kitchen with Stainless appliances and Granite counters opens to Dining area and spacious Living Room with Fireplace.  This home currently has one Bedroom plus a large Den (which could be used as a larger second bedroom), plus an updated full bath with Granite vanity.  An inviting 3-season Sun Room overlooks the fully fenced rear yard with In-ground Pool. Newer vinyl siding and roof, oversized Garage! Showings begin at open houses June 28th and 29th 11-12:30pm. No offers reviewed prior to the offer deadline of June 30th 6pm. Please allow 48 hours for response.
Unit Size
1,115 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$448
Property Type
House
Property Taxes
$371
HOA Dues
-
Year Built
1958

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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: 2 years ago (MLSPIN #73396323)

Price History

Date / Event Date Event Price
Jul 25, 2025 Sold
Premium
Sold
Jul 3, 2025 In contract -
In contract
Jun 25, 2025 Listed $499,900
Listed
Dec 13, 1993 Sold
Premium
Sold
Jan 13, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 8,921
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000205
  • 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: 15308
  • Parcel: PEAB M:0121 B:0046
  • Block: 46
  • Municipality: PEABODY
  • Latitude: 42.5008
  • Longitude: -70.9506

    Address

  • Full Address: 9 Bowen Rd
  • Address - House Number: 9
  • Address - Street Name: Bowen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Peabody
  • Carrier Code: C015
  • 4-Digit Zip Code: 6603
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $443,600

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 577,886
  • High Value: 683,715
  • Low Value: 472,056

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $486,400
  • Assessed Land Value: $243,600
  • Assessed Improvements Value: $242,800

    Sales

  • Current Sale Recording Date: Dec 13, 1993
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 13, 1987
  • Previous Sale Amount: $141,000
  • 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

$399

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1761 ft²

Average Home Age

85.1 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73396323

Frequently Asked Questions

When was property at 9 Bowen Road built and last sold?
The property at 9 Bowen Road was built in 1958 and last sold on Jan 1, 1970 for $131,000.
How much is this home worth?
The estimated value of the home located at 9 Bowen Road is $0.
What are some comparable homes to 9 Bowen Road?
There are currently no comparable homes to 9 Bowen Road.
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