Welcome to 2 Hotel Avenue, a building located in West Peabody, Peabody in Peabody, MA.
As a quick overview, these are the most up-to-date information we've collected about the property.
The building itself was built in 2021.
This is a relatively tall building with a total of 7 floors.
Finally, 2 Hotel Avenue was most recently sold on Mar 23, 2023 for $28,000,000.
According to local assessors, the total value of the building is currently valued at $18,335,900.
Specifically, the value of the land that the property sits on has been assessed at $1,960,000.
The building was last assessed in 2024.
Here's what we know about the features and amenities in this building.
While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead.
We are not sure what system the building uses for cooling.
Sadly, informaton related to the heating system was not disclosed.
There is no porch or patio on the premise of the property.
For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool.
The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
More About The Building
In total, the building area is listed as 111,000 square feet.
The building itself has 111,000 square footage of total floor area.
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition.
The building class code for 2 Hotel Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.
Interested in learning more about the neighborhood that the property is located in?
Buildings in the West Peabody area have a median price of $4,000.
Those in the 25th percentile, have a price around $4,000.
While those in the 75th percentile, have a price around $4,000.
Typically, the buildings in this area have a median sqft of 2,240.
That means that the median price per sqft is around $2.
In other words, the price per sqft for buildings in the 25th percentile is $2.
While the price per sqft for buildings in the 75th percentile is $2.
As a breakdown, we've included the following stats:
- There are currently no studio listings being advertised in the area.
- There are currently no one bedroom listings being advertised in the area.
- There are currently no two bedroom listings being advertised in the area.
- There are currently no three bedroom listings being advertised in the area.
- There is currently a single advertised four bedroom listing.
About The Area
2 Hotel Avenue is located in 01960.
There are 51,948 people living here.
There are 21,304 households.
Most of these households have an average family size of 3.12 people.
According to the census, 35% are currently renting while 65% own their homes.
The median age of this population is around 44.7 years old.
On average, most folks in the zipcode are unmarried.
About 21% of folks speak a language other than English in this area.
The area's employment rate is currently around 61.9%.
Speaking of employment, the median income is $63,822.
Most folks will commute by car for around 26.3 minutes.
Finally, we know that 33% of residents in the area have graduated with their high school degree.
Additionally, 20% and 10% have their Bachelor's and Master's degree, respectfully.
Moving on to the county level.
Essex County, Massachusetts has a population of 769,362 people.
Based on census records, there are 288,291 registered households.
Families in this area are on average made up of 3.2 people per household.
Most folks are unmarried.
They are also typically around 40.7 years old.
Does diversity matter to you? Right now, 25% of folks speak a language other than English here.
About 37% rent while 63% purchased their homes.
Right now, the community is made up of 26% of residents who have graduated with at least a high school degree.
On top of that, 23% have a Bachelor's degree and 15% have a Master's degree.
The employment rate is currently around 62.8%.
Those employed, have a median income of $70,886.
Finally, let's take a look at the stats related to Boston, MA - NH - RI Urban Area.
The urban area is home to 4,343,828 people.
A total of 1,635,254 households are registered here.
With average family sizes being listed at 3.19 people.
About 23% of residents have graduated with a high school degree.
Of the rest, 25% have their Bachelor's and 20% have their Master's degree.
Folks speaking a language other than English, make up about 26% of the population.
Speaking of your commute, 64.5% of people in this area are employed.
The recorded median income is currently at $77,009 per year.
The median population age has been listed at 38.2 years old.
Interestingly enough, unmarried people make up the majority of the population.
Last but not least, renters make up about 40% of the population while homeowners are at about 60% of the population.
