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Essex
16 Middle Street
$390,000
● House - Off Market

16 Middle Street

Georgetown, MA 01833
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,881 Ft²
$540,584
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

In the heart of Georgetown sits this traditional, custom-built cape, just steps from the town center, bike path, parks and several ponds. The first floor offers a bedroom or office as well as a full bath with jet tub. The current owner has expanded the second floor bedrooms and had an additional bathroom installed. The fire-placed living room and formal dining room have hardwood floors. The kitchen leads to the enclosed back yard with shed and terracing for gardens.    There is a lengthy list of repairs and improvements that were completed during the current ownership. THE SELLER IS READY TO MOVE WHEN YOU ARE.
Unit Size
1,881 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$213
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1947

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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 #72636267)

Price History

Date / Event Date Event Price
Sep 2, 2020 Sold
Premium
Sold
Mar 20, 2020 Listed by Amy Spring Realty LLC $399,900
Listed by Amy Spring Realty LLC
Jul 3, 1995 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 15
  • 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: 5,500
  • Total Building Area: 1,673
  • Gross Building Area: 2,621
  • Building Area: 1,673
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,673
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • 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:0011A B:00000 L:00047
  • Lot: 47
  • Municipality: GEORGETOWN
  • Latitude: 42.7241
  • Longitude: -70.9929

    Address

  • Full Address: 16 Middle St
  • Address - House Number: 16
  • Address - Street Name: Middle
  • Address - Suffix Type: St
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C033
  • 4-Digit Zip Code: 2044
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $504,300

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 533,205
  • High Value: 624,486
  • Low Value: 441,923

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $401,800
  • Assessed Land Value: $132,400
  • Assessed Improvements Value: $269,400

    Sales

  • Current Sale Contract Date: Aug 24, 2020
  • Current Sale Recording Date: Sep 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 615885
  • Previous Sale Recording Date: Jul 03, 1995
  • Previous Sale Amount: $125,300
  • Previous Sale Document Type: 43
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 months ago
Data Source: MLS PIN, MLS# 72636267

Frequently Asked Questions

When was property at 16 Middle Street built and last sold?
The property at 16 Middle Street was built in 1947 and last sold on Aug 24, 2020 for $390,000.
How much is this home worth?
The estimated value of the home located at 16 Middle Street is $421,628.
What are some comparable homes to 16 Middle Street?
There are currently no comparable homes to 16 Middle Street.
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