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Essex
12 Prescott Lane
$551,000
● House - Off Market

12 Prescott Lane

Georgetown, MA 01833
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,023 Ft²
$648,561
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Location, location, location... This sought-after neighborhood in Georgetown will check all the boxes!  It starts with the cul de sac street and privacy.  The back yard is perfect to beat the summer heat, and the inground pool is sure to be hit.  It is totally set up for entertaining and very private!  Once inside you will find an updated baths and kitchen with Maple cabinets and corian counter tops.  The floor plan will allow for one level of living if so desired, but the lower level offers a great family room with a woodburning fireplace.  The ½ bath and laundry room finish out this space.  Oops... I almost forgot the 4th bedroom/office on this level as well!  This house has it all, so do not let this one slip away?
Unit Size
2,023 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$237
Property Type
House
Property Taxes
$592
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 #72701271)

Price History

Date / Event Date Event Price
Sep 30, 2020 Sold
Premium
Sold
Jul 30, 2020 Listed by RE/MAX On The River, Inc. $479,777
Listed by RE/MAX On The River, Inc.
Oct 12, 2011 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 41,307
  • Total Building Area: 1,172
  • Gross Building Area: 2,684
  • Building Area: 1,172
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,172
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAE ANN & JOHN BALDWIN
  • Land Acres: 0000000948
  • 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:00124
  • Lot: 124
  • Municipality: GEORGETOWN
  • Latitude: 42.7398
  • Longitude: -70.9938

    Address

  • Full Address: 12 Prescott Ln
  • Address - House Number: 12
  • Address - Street Name: Prescott
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Georgetown
  • Carrier Code: R008
  • 4-Digit Zip Code: 1020
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $775,500

    Appraisal Valuation

  • Standard Deviation: 0.1575
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 694,047
  • High Value: 813,810
  • Low Value: 574,284

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $617,900
  • Assessed Land Value: $212,300
  • Assessed Improvements Value: $405,600

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200930006300
  • Previous Sale Recording Date: Oct 12, 2011
  • Previous Sale Amount: $35,000
  • 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:

$699,000

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# 72701271

Frequently Asked Questions

When was property at 12 Prescott Lane built and last sold?
The property at 12 Prescott Lane was built in 1977 and last sold on Sep 29, 2020 for $551,000.
How much is this home worth?
The estimated value of the home located at 12 Prescott Lane is $507,634.
What are some comparable homes to 12 Prescott Lane?
There are currently no comparable homes to 12 Prescott Lane.
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