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Peabody 01960 West Peabody
9 Villa Ln
$770,000
● House - Off Market

9 Villa Ln

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,927 Ft²
$713,722
RealtyHop Estimate
1.97%
Since May 1, 2022
MA-Boston
Primary Model

About This Property

Beautifully maintained single family located in very desirable neighborhood in West Peabody. This home offers approx. 1927sf of living space with 4 bedrooms and 2 bathrooms. Recent updates include new flooring, new roof, central A/C, finished den, updated electrical, updated garage and new paint in exterior siding. The first level includes an open living area with wood burning fireplace, a beautiful kitchen with recessed lighting, stainless steel appliances and granite countertops. Large bay windows bringing in ample natural light, spacious bedrooms with plenty of closet space, and good ceiling height.  The lower level offers a family room ideal for an office, home gym, or den. The above ground pool is perfect for the summer along with plenty of outdoor space for your enjoyment. No showings until first open house.
Unit Size
1,927 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$363
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1965

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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: 5 months ago (MLSPIN #72952045)

Price History

Date / Event Date Event Price
Apr 29, 2022 Sold
Premium
Sold
Mar 11, 2022 Listed by Coldwell Banker Realty - Boston $699,900
Listed by Coldwell Banker Realty - Boston
Jun 21, 2017 Sold
Premium
Sold
Apr 27, 2017 Listed by Coldwell Banker Realty - Boston $449,000
Listed by Coldwell Banker Realty - Boston
Aug 22, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • 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: 720
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,098
  • Total Building Area: 1,896
  • Gross Building Area: 1,896
  • Building Area: 1,896
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,896
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000347
  • 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: 210100

Zoning

  • Zoning: R1

Geography

  • Account Number: 1122
  • Parcel: PEAB M:0004 B:0042
  • Block: 42
  • Municipality: PEABODY
  • Latitude: 42.5639
  • Longitude: -71.0268

    Address

  • Full Address: 9 Villa Ln
  • Address - House Number: 9
  • Address - Street Name: Villa
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Peabody
  • Carrier Code: C030
  • 4-Digit Zip Code: 2035
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $601,500

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 774,411
  • High Value: 908,620
  • Low Value: 640,202

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $659,500
  • Assessed Land Value: $318,900
  • Assessed Improvements Value: $340,600

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220429004140
  • Previous Sale Recording Date: Jun 21, 2017
  • Previous Sale Amount: $456,000
  • 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 West Peabody

Stats & Trends

Median Asking:

$737,000

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2101 ft²

Average Home Age

53.6 years

Currently For Sale

11 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: 5 months ago
Data Source: MLS PIN, MLS# 72952045

Frequently Asked Questions

When was property at 9 Villa Lane built and last sold?
The property at 9 Villa Lane was built in 1965 and last sold on Apr 29, 2022 for $770,000.
How much is this home worth?
The estimated value of the home located at 9 Villa Lane is $711,441.
What are some comparable homes to 9 Villa Lane?
There are currently no comparable homes to 9 Villa Lane.
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