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Essex
118 West Main St
$275,000
● House - Off Market

118 West Main St

Georgetown, MA 01833
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,600 Ft²
$616,494
RealtyHop Estimate
120.26%
Since May 1, 2012
National-US
Primary Model

About This Property

Become inspired in this beautiful antique colonial where a Pulitzer Prize-winning novel was written in its cozy den. Large landscaped lot, remodeled kitchen with S/S appliances/hardwood floors and remodeled bath.  Pellet stove, French doors, hardwood floors in dining room with exposed brick shelving, oversized foyer /large closets. Wood floors throughout. Plenty of storage in 2 attics plus 2-car garage w/2nd floor loft/storage, workshop, heat. 3-season porch.  Walking distance to shops/schools.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$175
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
1900

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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: 6 months ago (MLSPIN #71309876)

Price History

Date / Event Date Event Price
Apr 12, 2012 Sold
Premium
Sold
Nov 10, 2011 Listed by ERA Home & Family Real Estate $279,900
Listed by ERA Home & Family Real Estate
Jul 31, 2003 Sold
Premium
Sold
Mar 4, 2003 Listed by ERA Home & Family Real Estate $339,900
Listed by ERA Home & Family Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • 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: 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: 19,000
  • Total Building Area: 1,600
  • Gross Building Area: 3,736
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOXFORD INVESTMENT TRUST
  • Land Acres: 0000000436
  • 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:0006D B:00000 L:00087
  • Lot: 87
  • Municipality: GEORGETOWN
  • Latitude: 42.7293
  • Longitude: -70.997

    Address

  • Full Address: 118 W Main St
  • Address - House Number: 118
  • Street Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C043
  • 4-Digit Zip Code: 1523
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $518,300

    Appraisal Valuation

  • Standard Deviation: 0.2239
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 69
  • Final Value: 623,278
  • High Value: 762,881
  • Low Value: 483,675

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $413,000
  • Assessed Land Value: $166,100
  • Assessed Improvements Value: $246,900

    Sales

  • Current Sale Recording Date: Apr 12, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jul 31, 2003
  • Previous Sale Amount: $335,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2488 ft²

Average Home Age

73.5 years

Currently For Sale

1420 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# 71309876

Frequently Asked Questions

When was property at 118 West Main Street built and last sold?
The property at 118 West Main Street was built in 1900 and last sold on Jan 1, 1970 for $275,000.
How much is this home worth?
The estimated value of the home located at 118 West Main Street is $304,194.
What are some comparable homes to 118 West Main Street?
There are currently no comparable homes to 118 West Main Street.
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