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Peabody 01960 Proctor
9 George Avenue
$412,000
● House - Off Market

9 George Avenue

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,936 Ft²
$902,502
RealtyHop Estimate
117.52%
Since Feb 1, 2003
MA-Boston
Primary Model

About This Property

ROLLING HILLS-NEW CENT AIR NEW BATHS (1JACUZZI)UPDATED KITCH NEW DECK WITH HOT TUB, NEW FENCE, NEW HOT WATER HEATER, UPDATED ELECTRIC, NEW GAS FIREPLACE, ALARM. JUST ADDED ONTO MASTER BED RM.(ENORMOUS) WITH ACCESS DOOR TO DECK/HOT TUB
Unit Size
1,936 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$214
Property Type
House
Property Taxes
$206
HOA Dues
-
Year Built
1962

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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: 6 months ago (MLSPIN #30661293)

Price History

Date / Event Date Event Price
Sep 9, 2021 Sold
Premium
Sold
Jul 29, 2021 Listed by Century 21 N. Shore $549,900
Listed by Century 21 N. Shore
Jan 31, 2003 Sold
Premium
Sold
Oct 23, 2002 Listed by Century 21 N. Shore $414,900
Listed by Century 21 N. Shore
Jul 31, 1996 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 768
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,160
  • Total Building Area: 1,974
  • Gross Building Area: 1,974
  • Building Area: 1,974
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,974
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000256
  • 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: 210302

Zoning

  • Zoning: R1B

Geography

  • Account Number: 6667
  • Parcel: PEAB M:0059 B:0048
  • Block: 48
  • Municipality: PEABODY
  • Latitude: 42.5363
  • Longitude: -70.9756

    Address

  • Full Address: 9 George Ave
  • Address - House Number: 9
  • Address - Street Name: George
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C022
  • 4-Digit Zip Code: 2603
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $549,700

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 732,516
  • High Value: 859,464
  • Low Value: 605,567

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $602,700
  • Assessed Land Value: $302,400
  • Assessed Improvements Value: $300,300

    Sales

  • Current Sale Contract Date: Sep 09, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210909005510
  • Previous Sale Recording Date: Jan 31, 2003
  • Previous Sale Amount: $412,000
  • 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 Proctor

Stats & Trends

Median Asking:

$597,500

Sale Price/ft²

$378

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1774 ft²

Average Home Age

68.3 years

Currently For Sale

19 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: 6 months ago
Data Source: MLS PIN, MLS# 30661293

Frequently Asked Questions

When was property at 9 George Avenue built and last sold?
The property at 9 George Avenue was built in 1962 and last sold on Sep 9, 2021 for $625,000.
How much is this home worth?
The estimated value of the home located at 9 George Avenue is $554,413.
What are some comparable homes to 9 George Avenue?
There are currently no comparable homes to 9 George Avenue.
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