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Peabody 01960 Proctor
9 Thorndike Street
$638,000
● House - Off Market

9 Thorndike Street

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,936 Ft²
$578,197
RealtyHop Estimate
1.97%
Since May 1, 2022
MA-Boston
Primary Model

About This Property

Welcome home to this classic 4 bedroom Dutch Colonial.  This home definitely has flexibility in its floor plan.  Looking for a 1st floor master bedroom, or guest suite? This home has it.. Currently utilized as a playroom but you make the decision as to how it best fits your needs.  Hardwood flooring, SS appliances, fireplace and corner hutch are just a few of the features that show the charm of this home. There is a fully enclosed back yard with a new patio, great for your outdoor gatherings.  Close to schools, major highways, shopping, restaurants and medical facilities. Showings start at the Open House on Saturday, February 5th, 11am - 2:30pm and Sunday February 6th, 11am - 2:30pm
Unit Size
1,936 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$293
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1930

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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: 6 months ago (MLSPIN #72939248)

Price History

Date / Event Date Event Price
Apr 13, 2022 Sold
Premium
Sold
Feb 2, 2022 Listed by Keller Williams Realty Evolution $567,000
Listed by Keller Williams Realty Evolution
Nov 13, 2013 Sold
Premium
Sold
Sep 9, 2013 Listed by Keller Williams Realty Evolution $364,000
Listed by Keller Williams Realty Evolution
Jun 28, 1993 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 1,936
  • Gross Building Area: 1,936
  • Building Area: 1,936
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,936
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 210402

Zoning

  • Zoning: R1A

Geography

  • Account Number: 9056
  • Parcel: PEAB M:0074 B:0197
  • Block: 197
  • Municipality: PEABODY
  • Latitude: 42.5306
  • Longitude: -70.9401

    Address

  • Full Address: 9 Thorndike St
  • Address - House Number: 9
  • Address - Street Name: Thorndike
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C044
  • 4-Digit Zip Code: 4209
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $555,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1715
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 696,101
  • High Value: 815,538
  • Low Value: 576,665

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $608,900
  • Assessed Land Value: $227,600
  • Assessed Improvements Value: $381,300

    Sales

  • Current Sale Contract Date: Apr 12, 2022
  • Current Sale Recording Date: Apr 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220413001520
  • Previous Sale Recording Date: Nov 13, 2013
  • Previous Sale Amount: $357,000
  • 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 Proctor

Stats & Trends

Median Asking:

$597,500

Sale Price/ft²

$375

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1863 ft²

Average Home Age

72.6 years

Currently For Sale

17 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: 6 months ago
Data Source: MLS PIN, MLS# 72939248

Frequently Asked Questions

When was property at 9 Thorndike Street built and last sold?
The property at 9 Thorndike Street was built in 1930 and last sold on Apr 12, 2022 for $638,000.
How much is this home worth?
The estimated value of the home located at 9 Thorndike Street is $571,609.
What are some comparable homes to 9 Thorndike Street?
There are currently no comparable homes to 9 Thorndike Street.
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