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Essex
12 Elm Street
$399,000
● House - Off Market

12 Elm Street

Georgetown, MA 01833
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,018 Ft²
$758,534
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

First time offered for sale in 46 years. This 1825 center entrance colonial located near downtown Georgetown, schools and shopping with access to commuter routes has been lovingly and artistically renovated with attention to detail, quality and the outdoor landscape. This pristine 7 room home exudes charm and character throughout including a wood burning fireplace and cobblestone driveway. Interior features include a front and back staircase, cathedral ceiling family room encased by sliding french doors,  2 newly renovated bathrooms, New FHA gas heating system, electric, windows, 3 bedroom septic system and central AC. Situated on a level fenced in lot with a welcoming courtyard, screen porch, expansive deck and storage shed. Wonderful place to call home!
Unit Size
2,018 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$206
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1825

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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 #71785778)

Price History

Date / Event Date Event Price
Mar 27, 2015 Sold
Premium
Sold
Jan 20, 2015 Listed by Keller Williams Realty $415,000
Listed by Keller Williams Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1825
  • Effective Year Built: 1825
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 7,800
  • Total Building Area: 2,385
  • Gross Building Area: 3,669
  • Building Area: 2,385
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,385
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000179
  • 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:0010B B:00000 L:00054
  • Lot: 54
  • Municipality: GEORGETOWN
  • Latitude: 42.7191
  • Longitude: -70.9855

    Address

  • Full Address: 12 Elm St
  • Address - House Number: 12
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C053
  • 4-Digit Zip Code: 2514
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $672,300

    Appraisal Valuation

  • Standard Deviation: 0.2083
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 687,937
  • High Value: 831,290
  • Low Value: 544,583

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $535,700
  • Assessed Land Value: $158,300
  • Assessed Improvements Value: $377,400

    Sales

  • Current Sale Recording Date: Mar 27, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32700286
  • Previous Sale Recording Date: Aug 11, 2014
  • 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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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# 71785778

Frequently Asked Questions

When was property at 12 Elm Street built and last sold?
The property at 12 Elm Street was built in 1825 and last sold on Jan 1, 1970 for $399,000.
How much is this home worth?
The estimated value of the home located at 12 Elm Street is $439,381.
What are some comparable homes to 12 Elm Street?
There are currently no comparable homes to 12 Elm Street.
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