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Peabody 01960 South Peabody
9 Martinack Ave
$401,000
● House - Off Market

9 Martinack Ave

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,836 Ft²
$708,316
RealtyHop Estimate
81.67%
Since Jun 1, 2014
MA-Boston
Primary Model

About This Property

Friendly neighborhood featuring a beautifully updated Colonial home with hardwoods throughout. Fenced in yard and back porch make for a relaxing setting to enjoy the anticipated changing seasons. Updated kitchen cabinets, granite counters, stainless appliances and an open floorplan will make dinners and entertaining a joy. Gather your clothes in the large walk-in master closet and head to the beautiful travertine tile bathroom and relax in the jacuzzi tub. Large finished playroom in lower level basement with wet bar, cable hookup, and lots of room for expansion. Second floor laundry (washer and dryer included), new furnace and central air conditioning. Welcome to Peabody.
Unit Size
1,836 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$212
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1930

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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 #71645991)

Price History

Date / Event Date Event Price
May 30, 2014 Sold
Premium
Sold
Mar 17, 2014 Listed by Robb Enterprises, LLC $389,900
Listed by Robb Enterprises, LLC
Apr 28, 2005 Sold
Premium
Sold
Feb 21, 2005 Listed by Robb Enterprises, LLC $385,000
Listed by Robb Enterprises, LLC
Apr 30, 1996 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,101
  • Total Building Area: 1,536
  • Gross Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000117
  • 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: 14322
  • Parcel: PEAB M:0109 B:0354
  • Block: 354
  • Municipality: PEABODY
  • Latitude: 42.5096
  • Longitude: -70.9483

    Address

  • Full Address: 9 Martinack Ave
  • Address - House Number: 9
  • Address - Street Name: Martinack
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C061
  • 4-Digit Zip Code: 6447
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $549,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 696,022
  • High Value: 816,773
  • Low Value: 575,271

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $602,800
  • Assessed Land Value: $220,800
  • Assessed Improvements Value: $382,000

    Sales

  • Current Sale Recording Date: May 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53000700
  • Previous Sale Recording Date: Apr 28, 2005
  • Previous Sale Amount: $385,000
  • 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:

$659,000

Sale Price/ft²

$393

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1533 ft²

Average Home Age

99 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

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71645991

Frequently Asked Questions

When was property at 9 Martinack Avenue built and last sold?
The property at 9 Martinack Avenue was built in 1930 and last sold on Jan 1, 1970 for $401,000.
How much is this home worth?
The estimated value of the home located at 9 Martinack Avenue is $420,125.
What are some comparable homes to 9 Martinack Avenue?
There are currently no comparable homes to 9 Martinack Avenue.
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