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Essex
14 Larch Rd
$440,000
● House - Off Market

14 Larch Rd

Georgetown, MA 01833
bedrooms
3 Beds
bathrooms
1 Bath
square feet
925 Ft²
$428,295
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Adorable and affordable one floor living in a great neighborhood in Georgetown.... This home offers three-bedrooms with lots of privacy, a beautiful, wooded back yard on a cul-de-sac for many years of enjoyment. A well taken care-of home, that has so much potential. Hardwood floors throughout, newer roof and an energy efficient gas furnace is included with this great property. A full basement with potential to finish if extra space is needed with two out-door sheds for extra storage. Easy stroll to downtown, restaurants, schools, public library, public transportation and parks. WELCOME TO GEORGETOWN! Open House Sat April 1st 12-2:00 and Sunday April 2nd 12-1:30!
Unit Size
925 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$459
Property Type
House
Property Taxes
$380
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: 5 months ago (MLSPIN #73093376)

Price History

Date / Event Date Event Price
May 31, 2023 Sold
Premium
Sold
Apr 5, 2023 In contract -
In contract
Mar 30, 2023 Listed by Coldwell Banker Realty - Newburyport $425,000
Listed by Coldwell Banker Realty - Newburyport
Jul 21, 1992 Sold
Premium
Sold

Property Highlights

Parking Available

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: 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: 20,400
  • Total Building Area: 925
  • Gross Building Area: 2,170
  • Building Area: 925
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 925
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Land Acres: 0000000468
  • Standard Land Use Code: 9200
  • County Land Use Code: 930

Neighborhood

  • School District Name: Georgetown School District
  • School Tax School District: GEORGETOWN SD
  • Census Tract: 265102

Geography

  • District: 105
  • Parcel: GEOR M:0011A B:00000 L:00158
  • Lot: 158
  • Municipality: GEORGETOWN
  • Latitude: 42.7272
  • Longitude: -70.9841

    Address

  • Full Address: 14 Larch Rd
  • Address - House Number: 14
  • Address - Street Name: Larch
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C043
  • 4-Digit Zip Code: 1615
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $455,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 448,689
  • High Value: 534,585
  • Low Value: 362,793

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $405,300
  • Assessed Land Value: $202,400
  • Assessed Improvements Value: $202,900

    Sales

  • Current Sale Contract Date: May 22, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230531002600
  • Previous Sale Recording Date: Jul 21, 1992
  • Previous Sale Amount: $88,000
  • 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

2540 ft²

Average Home Age

72.8 years

Currently For Sale

1500 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

$5,000 /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: 5 months ago
Data Source: MLS PIN, MLS# 73093376

Frequently Asked Questions

When was property at 14 Larch Road built and last sold?
The property at 14 Larch Road was built in 1955 and last sold on May 22, 2023 for $440,000.
How much is this home worth?
The estimated value of the home located at 14 Larch Road is $428,305.
What are some comparable homes to 14 Larch Road?
There are currently no comparable homes to 14 Larch Road.
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