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Essex
11 Web Rd
$605,000
● House - Off Market

11 Web Rd

Georgetown, MA 01833
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,668 Ft²
$564,241
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

OH CANCELLED. OFFER ACCEPTED. Idyllic 3 bedroom Cape style home located on a quiet Cul-De-Sac in highly desirable Georgetown. This beautiful turn-key home will immediately impress you with it's modern updates. Prepare meals in the functionally appointed kitchen w/breakfast bar open to the dining room. The family room is ideal for intimate gatherings and leads to a private fenced-in yard with a stone fire pit and shed. You will find a convenient first floor primary bedroom and full granite bath. Two additional bright and good-sized Bedrooms w/coffered ceilings upstairs. Gleaming hardwood floors and conveniently located near Rte 95. Don't miss your chance to make this house your home.
Unit Size
1,668 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$336
Property Type
House
Property Taxes
$536
HOA Dues
-
Year Built
1955

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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 #73096040)

Price History

Date / Event Date Event Price
May 15, 2023 Sold
Premium
Sold
Apr 11, 2023 In contract -
In contract
Apr 7, 2023 Listed by Coldwell Banker Realty - Lynnfield $559,900
Listed by Coldwell Banker Realty - Lynnfield
Apr 14, 2021 Sold
Premium
Sold
Mar 4, 2021 Listed by Coldwell Banker Realty - Lynnfield $452,000
Listed by Coldwell Banker Realty - Lynnfield
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 11,360
  • Total Building Area: 1,668
  • Gross Building Area: 2,847
  • Building Area: 1,668
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,668
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWCREST CLINTON F GOODWIN
  • Land Acres: 0000000261
  • 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:00018 B:00000 L:00063
  • Lot: 63
  • Municipality: GEORGETOWN
  • Latitude: 42.7466
  • Longitude: -70.9491

    Address

  • Full Address: 11 Web Rd
  • Address - House Number: 11
  • Address - Street Name: Web
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Georgetown
  • Carrier Code: R008
  • 4-Digit Zip Code: 1239
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $748,700

    Appraisal Valuation

  • Standard Deviation: 0.1639
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 626,961
  • High Value: 729,744
  • Low Value: 524,177

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $596,600
  • Assessed Land Value: $172,200
  • Assessed Improvements Value: $424,400

    Sales

  • Current Sale Contract Date: May 15, 2023
  • Current Sale Recording Date: May 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230515003430
  • Previous Sale Recording Date: Apr 14, 2021
  • Previous Sale Contract Date: Mar 29, 2021
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73096040

Frequently Asked Questions

When was property at 11 Web Road built and last sold?
The property at 11 Web Road was built in 1955 and last sold on May 15, 2023 for $605,000.
How much is this home worth?
The estimated value of the home located at 11 Web Road is $566,249.
What are some comparable homes to 11 Web Road?
There are currently no comparable homes to 11 Web Road.
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