Investors take note! 3 single family homes on large lot! This property, originally 3 small bungalows, has been renovated and expanded over the last 20 years, with some work still needing to be done. Unit 1 has 4 bedrooms, 2 full baths and a new (2022) hot water tank. Lot...
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Last Checked: May 7th, 2024 at 12:01am (Source: MLS PIN #73071726)
Gross Income: $69,480
Gross Expenses: $11,025
Net Income Calc: $58,455
CAP Rate: 3.96%
Annual Expenses for 24 Endicott St., Peabody MA 01960
Total Gross Expenses (Calculated)$11,025/year
APOD AvailableYes
Heating
Electricity
Water$700
Gas$700
Insurance$3,000
Sewer$700
Trash Removal
Repair & Maintenance$500
Management
Miscellaneous$700
Real Estate Tax$6,125.17
Annual Income & Unit Breakdown for 24 Endicott St., Peabody MA 01960
Total Gross Income (Calculated)$69,480
Unit 1
Rental Income$2,895
LeaseN
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income$2,895
LeaseN
Bedrooms3
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 3
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 24 Endicott St., Peabody MA 01960
Listing ID73071726
Property TypeMulti Family / 3 Family
Price$1,475,000 ($424.34/SqFt)
Style3 Family
CityPeabody
CountyEssex
MLS Area
Neighborhood(s)Ipswich
Approximate Living Area Total3,476 SqFt
Approximate Lot Size (Acres)0.28 acres
Total Parking9 (1 Garage)
Garage Parking1 / Detached
Year Built1890
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate,Renovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionIrregular
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesVaries per Unit
Terms
Disclosures for 24 Endicott St., Peabody MA 01960
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureLiving Area Information Attained through City Asse
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data SourceEstimated
Total Gross Expenses By Broker$11,025
Total Gross Income By Broker$69,480
Total Net Income By Broker$58,455
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 24 Endicott St., Peabody MA 01960
Real Estate Taxes$6,125.17
Tax Year2023
Assessed Value$643,400
Financial Data SourceEstimated
Total Gross Expenses By Broker$11,025
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$69,480
BostonRealEstate.com Gross Income
Total Net Income By Broker$58,455
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)3.96%
Location Information for 24 Endicott St., Peabody MA 01960
Elementary School
Middle School
High School
Neighborhood(s)Ipswich
MLS Area
Area AmenitiesHighway Access, House Of Worship, Shopping, Park, Medical Facility, Public Transportation, Private School
Contact Information for 24 Endicott St., Peabody MA 01960