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Essex
12 Nelson Ave
$315,000
● House - Off Market

12 Nelson Ave

Georgetown, MA 01833
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,176 Ft²
$441,000
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Charming two-bedroom Ranch in a beautiful area of Georgetown. Hardwood floors throughout, you'll love the fireplace in the living room and the perfect outdoor porch right off the kitchen. The finished, basement with walkout is the perfect space for an additional family room or an in-law apartment. The fenced-in yard is ready for your summer get-togethers. This home is filled with possibilities and is waiting for your finishing touches or renovations of your choosing. You'll definitely want to see this Georgetown gem!  Offers due by Monday, 4/29/19, 5 PM.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$255
Property Type
House
Property Taxes
$342
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 #72486824)

Price History

Date / Event Date Event Price
Jun 19, 2019 Sold
Premium
Sold
Apr 24, 2019 Listed by Keller Williams Realty $300,000
Listed by Keller Williams Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 14,350
  • Total Building Area: 1,176
  • Gross Building Area: 2,527
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000329
  • 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:0006C B:00000 L:00092
  • Lot: 92
  • Municipality: GEORGETOWN
  • Latitude: 42.7232
  • Longitude: -70.9955

    Address

  • Full Address: 12 Nelson Ave
  • Address - House Number: 12
  • Address - Street Name: Nelson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C033
  • 4-Digit Zip Code: 1932
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $528,900

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 532,483
  • High Value: 633,127
  • Low Value: 431,840

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $421,400
  • Assessed Land Value: $160,000
  • Assessed Improvements Value: $261,400

    Sales

  • Current Sale Contract Date: Jun 17, 2019
  • Current Sale Recording Date: Jun 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190619000910
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# 72486824

Frequently Asked Questions

When was property at 12 Nelson Avenue built and last sold?
The property at 12 Nelson Avenue was built in 1955 and last sold on Jun 17, 2019 for $315,000.
How much is this home worth?
The estimated value of the home located at 12 Nelson Avenue is $313,576.
What are some comparable homes to 12 Nelson Avenue?
There are currently no comparable homes to 12 Nelson Avenue.
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