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Peabody 01960 Peabody Town Center
9 Sprague St
Photo of 9 Sprague St

1

Map

$800,000
● House - In Contract

9 Sprague St

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,315 Ft²
$4,421
Est. Monthly

About This Property

This house is being sold is as is condition with no representations by seller or agent. Buyer will be responsible for the clean out of the property and installing smoke detectors. will not qualify for an fha loan.seller requests cash offers  Electricity is off. Heat system needs to be replaced. Home needs renovation. Seller requests cash buyers only Open thurs 9/10 530-7 pm offers due 9/11 5 pm
Unit Size
2,315 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$346
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1946

Listed By

Janet Howcroft
Five Star Realty Group

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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: 2 months ago (MLSPIN #73572617)

Price History

Date / Event Date Event Price
Sep 18, 2026 In contract -
In contract
Sep 7, 2026 Listed by Five Star Realty Group $800,000
Listed by Five Star Realty Group
May 28, 1985 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Detached, Paved, Off Street
Garage Spaces: 1
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 1
Flooring Type: Wood, Tile, Vinyl
Rooms: 8
Has Fireplace
Fireplaces: 1
Basement: Full
Exterior Details
Square Footage: 2315
Architectural Style: Cape
Year Built Source: Public Records
Year Built: 1946
Building Area Total: 2315
Building Area Units: Square Feet
Construction Materials: Frame
Lot Size Area: 0.3
Lot Size Units: Acres
Lot Size Acres: 0.3
Lot Size Square Feet: 12885
Water Source: Public
Financial Details
Tax Assessed Value: $638,100
Tax Annual Amount: $5,909
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Oil
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 2
  • Basement Area: 250
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,885
  • Total Building Area: 2,315
  • Gross Building Area: 2,315
  • Building Area: 2,315
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,315
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000296
  • 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: 210900

Zoning

  • Zoning: R1A

Geography

  • Account Number: 9860
  • Parcel: PEAB M:0076 B:0273
  • Block: 273
  • Municipality: PEABODY
  • Latitude: 42.5301
  • Longitude: -70.9166

    Address

  • Full Address: 9 Sprague St
  • Address - House Number: 9
  • Address - Street Name: Sprague
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C007
  • 4-Digit Zip Code: 1965
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $544,800
  • Initial Tax Delinquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 670,815
  • High Value: 798,867
  • Low Value: 542,762

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $597,400
  • Assessed Land Value: $226,000
  • Assessed Improvements Value: $371,400

    Sales

  • Current Sale Recording Date: May 28, 1985
  • Current Sale Price:
    Premium
  • Current 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 Peabody Town Center

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$388

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1548 ft²

Average Home Age

82.7 years

Currently For Sale

21 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 73572617

Frequently Asked Questions

When was property at 9 Sprague Street built and last sold?
The property at 9 Sprague Street was built in 1946 and last sold on Jan 1, 1970 for $65,000.
How much is this home worth?
The estimated value of the home located at 9 Sprague Street is $811,316.
What are some comparable homes to 9 Sprague Street?
There are currently no comparable homes to 9 Sprague Street.
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