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Essex
1 Brook Meadow Lane
$600,000
● House - Off Market

1 Brook Meadow Lane

Georgetown, MA 01833
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,164 Ft²
$1,521,328
RealtyHop Estimate
138.08%
Since Apr 1, 2003
National-US
Primary Model

About This Property

ELEGANT 10 RM COLONIAL LOCATED ON CUL-DE-SAC OF BEAUTIFUL HOMES! IMMACULATE LAWN,SPECTACULAR TOPIARIES & JAPANESE PLANTS. OLD ENGLISH LAMP POSTS CAST IRON STYLE FENCE W 3 GATES. INCREDIBLE VALUE. IMMEDIATE POSSESSION.
Unit Size
3,164 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$202
Property Type
House
Property Taxes
$462
HOA Dues
-
Year Built
1991

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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: 4 months ago (MLSPIN #30660123)

Price History

Date / Event Date Event Price
Mar 3, 2003 Sold
Premium
Sold
Oct 20, 2002 Listed by RE/MAX Village Properties $639,000
Listed by RE/MAX Village Properties
Feb 28, 1995 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,436
  • Total Building Area: 3,094
  • Gross Building Area: 5,584
  • Building Area: 3,094
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,094
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROOK MDW
  • Land Acres: 0000000928
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Georgetown School District
  • School Tax School District: GEORGETOWN SD
  • Census Tract: 265102

Geography

  • District: 105
  • Parcel: GEOR M:00012 B:00000 L:0063T
  • Lot: 63T
  • Municipality: GEORGETOWN
  • Latitude: 42.7369
  • Longitude: -70.9737

    Address

  • Full Address: 1 Brook Meadow Ln
  • Address - House Number: 1
  • Address - Street Name: Brook Meadow
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Georgetown
  • Carrier Code: R008
  • 4-Digit Zip Code: 1150
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,044,700

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 1,060,961
  • High Value: 1,243,914
  • Low Value: 878,007

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $832,400
  • Assessed Land Value: $231,500
  • Assessed Improvements Value: $600,900

    Sales

  • Current Sale Recording Date: Mar 03, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 28, 1995
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: 27
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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 30660123

Frequently Asked Questions

When was property at 1 Brook Meadow Lane built and last sold?
The property at 1 Brook Meadow Lane was built in 1991 and last sold on Jan 1, 1970 for $600,000.
How much is this home worth?
The estimated value of the home located at 1 Brook Meadow Lane is $671,001.
What are some comparable homes to 1 Brook Meadow Lane?
There are currently no comparable homes to 1 Brook Meadow Lane.
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