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Essex
15 Old Jacobs Road
$320,000
● House - Off Market

15 Old Jacobs Road

Georgetown, MA 01833
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$742,345
RealtyHop Estimate
128.48%
Since Aug 1, 2003
National-US
Primary Model

About This Property

PRISTINE SINGLE-LEVEL OPEN CONCEPT! GREAT CONDO ALTERNATIVE! CATHEDRAL CEILING LIVING ROOM, PADDLE FAN, WOOD STOVE, H/W FOORS. NICELY RENOVATED WITHIN PAST 10 YEARS. 3-SEASON SUN ROOM. CENTRAL AIR. LUSH LANDSCAPING. PRETTY TOUCHES INSIDE!
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$325
Property Type
House
Property Taxes
$195
HOA Dues
-
Year Built
1928

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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 years ago (MLSPIN #30733392)

Price History

Date / Event Date Event Price
Oct 15, 2021 Sold
Premium
Sold
Aug 24, 2021 Listed by Century 21 North East $375,000
Listed by Century 21 North East
Jul 31, 2003 Sold
Premium
Sold
Jun 12, 2003 Listed by Century 21 North East $324,900
Listed by Century 21 North East
Jun 6, 1991 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 34,978
  • Total Building Area: 840
  • Gross Building Area: 1,800
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 840
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROBERT P CHENEY
  • Land Acres: 0000000803
  • 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:0007A B:00000 L:00003
  • Lot: 3
  • Municipality: GEORGETOWN
  • Latitude: 42.7356
  • Longitude: -71.0072

    Address

  • Full Address: 15 Old Jacobs Rd
  • Address - House Number: 15
  • Address - Street Name: Old Jacobs
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Georgetown
  • Carrier Code: R015
  • 4-Digit Zip Code: 1009
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $549,900

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 549,529
  • High Value: 643,605
  • Low Value: 455,453

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $438,200
  • Assessed Land Value: $210,200
  • Assessed Improvements Value: $228,000

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211015004720
  • Previous Sale Recording Date: Jul 31, 2003
  • Previous Sale Amount: $320,000
  • 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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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 years ago
Data Source: MLS PIN, MLS# 30733392

Frequently Asked Questions

When was property at 15 Old Jacobs Road built and last sold?
The property at 15 Old Jacobs Road was built in 1928 and last sold on Oct 15, 2021 for $445,000.
How much is this home worth?
The estimated value of the home located at 15 Old Jacobs Road is $0.
What are some comparable homes to 15 Old Jacobs Road?
There are currently no comparable homes to 15 Old Jacobs Road.
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