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Essex
153 W. Main St.
Photo of 153 W. Main St.
Sold on May 16, 2025

20

Map

Photo of 153 W. Main St.
Photo of 153 W. Main St.
$339,500
● House - Off Market

153 W. Main St.

Georgetown, MA 01833
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,232 Ft²
$2,192
Est. Monthly
8.15%
Cap Rate

About This Property

Attention investors or contractors.  Your vision is needed.  This home is on a nice level, fenced in lot, has a 14' X 22' detached garage, and is approx. a half a mile from the Town Center.  Siding, windows, and metal roof are newer.  However,  this home is in need of major repairs and renovations. The property is an estate sale and is being sold as is.  The Seller and Listing Broker make no representations, implied or otherwise.  Buyers and their agents are responsible for verifying all information including what is in MLS.  Subject to getting a license to sell from the Essex County Probate and Family Court. This property will NOT be for conventional financing. Cash and rehab loans invited.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$284
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
1800

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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: 2 years ago (MLSPIN #73342017)

Price History

Date / Event Date Event Price
May 16, 2025 Sold
Premium
Sold
Mar 6, 2025 Listed $350,000
Listed
Aug 28, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1800
  • Effective Year Built: 1800
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • 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: 14,400
  • Total Building Area: 1,232
  • Gross Building Area: 2,228
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000331
  • 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:0006D B:00000 L:00008
  • Lot: 8
  • Municipality: GEORGETOWN
  • Latitude: 42.7312
  • Longitude: -71.0002

    Address

  • Full Address: 153 W Main St
  • Address - House Number: 153
  • Street Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C043
  • 4-Digit Zip Code: 1442
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $658,600

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 500,012
  • High Value: 595,460
  • Low Value: 404,565

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $524,800
  • Assessed Land Value: $160,100
  • Assessed Improvements Value: $364,700

    Sales

  • Current Sale Recording Date: Aug 28, 1997
  • Current Sale Price:
    Premium
  • Current 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

2541 ft²

Average Home Age

72.9 years

Currently For Sale

1497 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

Rentals Near You

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73342017

Frequently Asked Questions

When was property at 153 West Main Street built and last sold?
The property at 153 West Main Street was built in 1800 and last sold on Jan 1, 1970 for $108,000.
How much is this home worth?
The estimated value of the home located at 153 West Main Street is $0.
What are some comparable homes to 153 West Main Street?
There are currently no comparable homes to 153 West Main Street.
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