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Essex
1 King St
$397,500
● House - Off Market

1 King St

Georgetown, MA 01833
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,663 Ft²
$582,670
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

OPEN HOUSE TOMORROW 12/7/19 12PM-2PM Welcome home to this newly renovated 3 bedroom 1 bath in highly desired Georgetown. There is a spacious kitchen with brand new granite counter tops, new flooring, refinished cabinets and appliances. New carpeting upstairs and fresh paint throughout. With a brand new septic system to top it off, this home has been well maintained and beautifully refinished. Do nothing else but move in!
Unit Size
1,663 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$240
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1912

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 6 months ago (MLSPIN #72598654)

Price History

Date / Event Date Event Price
Jan 29, 2020 Sold
Premium
Sold
Dec 6, 2019 Listed by Expert Realty $399,900
Listed by Expert Realty
Jun 27, 2019 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 33,731
  • Total Building Area: 1,663
  • Gross Building Area: 3,156
  • Building Area: 1,663
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,663
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000774
  • 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: 265101

Geography

  • District: 105
  • Parcel: GEOR M:0007A B:00000 L:00024
  • Lot: 24
  • Municipality: GEORGETOWN
  • Latitude: 42.7347
  • Longitude: -71.0097

    Address

  • Full Address: 1 King St
  • Address - House Number: 1
  • Address - Street Name: King
  • Address - Suffix Type: St
  • State: MA
  • City Name: Georgetown
  • Carrier Code: R015
  • 4-Digit Zip Code: 1004
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $544,000

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 567,274
  • High Value: 664,388
  • Low Value: 470,160

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $433,500
  • Assessed Land Value: $190,500
  • Assessed Improvements Value: $243,000

    Sales

  • Current Sale Contract Date: Jan 27, 2020
  • Current Sale Recording Date: Jan 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200129002900
  • Previous Sale Recording Date: Jun 27, 2019
  • Previous Sale Contract Date: Jun 27, 2019
  • Previous Sale Amount: $230,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2467 ft²

Average Home Age

72.8 years

Currently For Sale

1401 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72598654

Frequently Asked Questions

When was property at 1 King Street built and last sold?
The property at 1 King Street was built in 1912 and last sold on Jan 27, 2020 for $397,500.
How much is this home worth?
The estimated value of the home located at 1 King Street is $418,532.
What are some comparable homes to 1 King Street?
There are currently no comparable homes to 1 King Street.
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