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Essex
11 Prescott Lane
$430,000
● House - Off Market

11 Prescott Lane

Georgetown, MA 01833
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,520 Ft²
$666,073
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Well-maintained 3 bedroom home on a cul-de-sac in beautiful Georgetown! This property boasts hardwood floors, kitchen and dining area open to a cathedral living room with bay window, spacious bedrooms, lower level family room with fireplace and energy efficient woodstove insert, 2 full baths, 3 season sunroom, 1 car garage, and 2 sheds for extra storage.  Enjoy the 24 x 10 deck overlooking a wooded 1.76 acre lot. Close to commuter routes and all the North Shore has to offer!
Unit Size
1,520 Ft²
Days on Market
-
Land Size
1.76 acres
Price per sqft
$276
Property Type
House
Property Taxes
$465
HOA Dues
-
Year Built
1977

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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: 4 months ago (MLSPIN #72238196)

Price History

Date / Event Date Event Price
Nov 16, 2017 Sold
Premium
Sold
Oct 4, 2017 Listed by First Team Realty, LLC $419,900
Listed by First Team Realty, LLC
Dec 13, 2013 Sold
Premium
Sold
Oct 21, 2013 Listed by First Team Realty, LLC $359,000
Listed by First Team Realty, LLC
Jun 18, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 76,590
  • Total Building Area: 1,080
  • Gross Building Area: 2,520
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001758
  • 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:00012 B:00000 L:00118
  • Lot: 118
  • Municipality: GEORGETOWN
  • Latitude: 42.7409
  • Longitude: -70.994

    Address

  • Full Address: 11 Prescott Ln
  • Address - House Number: 11
  • Address - Street Name: Prescott
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Georgetown
  • Carrier Code: R008
  • 4-Digit Zip Code: 1021
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $645,700

    Appraisal Valuation

  • Standard Deviation: 0.1575
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 668,832
  • High Value: 774,189
  • Low Value: 563,475

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $514,500
  • Assessed Land Value: $216,300
  • Assessed Improvements Value: $298,200

    Sales

  • Current Sale Recording Date: Nov 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 171116004040
  • Previous Sale Recording Date: Dec 13, 2013
  • Previous Sale Amount: $363,500
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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

Unit for rent at 8 Hemlock, Groveland, 01834

$5,500 /mo

  • 4 Beds
  • 2 Baths
  • 3,680 ft²
8 Hemlock, Groveland, 01834 Listing by Tami Mallett

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72238196

Frequently Asked Questions

When was property at 11 Prescott Lane built and last sold?
The property at 11 Prescott Lane was built in 1977 and last sold on Jan 1, 1970 for $430,000.
How much is this home worth?
The estimated value of the home located at 11 Prescott Lane is $432,828.
What are some comparable homes to 11 Prescott Lane?
There are currently no comparable homes to 11 Prescott Lane.
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