9 Tracey St
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Listed by Compass | $550,000 | |
| Listed by Compass | |||
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Welcome to 9 Tracey St, Peabody! This turnkey, beautifully gut-renovated single-family home, updated in 2018 and freshly painted, is perfect for new buyers seeking modern comfort and convenience. The home features three spacious bedrooms, one bathroom, and an inviting living area that flows into a contemporary kitchen. The expansive paved backyard, complete with an entertainment car port, is ideal for outdoor gatherings, movie nights, basketball games or conversations around the fire pit. Located close to downtown Peabody and just a short drive to Salem, you'll have easy access to shops, restaurants, and cultural attractions.
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| Apr 6, 2018 | Sold | ||
| Sold | |||
| Dec 6, 2017 | Listed by Compass | $349,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017