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$326,500
● Multifamily - Off Market

18 Central

Georgetown, MA
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,081 Ft²
$571,196
RealtyHop Estimate
68.49%
Since May 1, 2006
National-US
Primary Model

About This Property

Two Unit property.  In-town location.  Completely remodeled 1st floor unit has retail/commercial potential.  Whole bldg has replacement windows and new vinyl siding.  One new furnace and one completely overhauled. New 3-bedroom septic system installed in 2002 was Title V certified, 2005.
Unit Size
2,081 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$163
Property Type
Multifamily
Property Taxes
$213
HOA Dues
-
Year Built
-

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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 #70162205)

Price History

Date / Event Date Event Price
Apr 26, 2006 Sold
Premium
Sold
Mar 23, 2005 Listed by Keller Williams Realty Evolution $339,000
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Storage), Unit 2(Storage)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Vinyl, Carpet, Varies Per Unit
Laundry Features: Washer Hookup
Rooms: 9
Has Fireplace
Fireplaces: 1
Basement: Full, Walk-Out Access, Dirt Floor
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Area: 0.25
Lot Size Units: Acres
Lot Size Acres: 0.25
Zoning: ca
Parcel Number: 1891579
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 11a
Tax Assessed Value: $281,400
Tax Annual Amount: $2,552
Utilities Details
Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Central Heat, Forced Air, Gas), Unit 2(Central Heat, Forced Air, Gas)
Sewer : Private Sewer, Private Sewerage
Location Details
Community Features: Public Transportation, Shopping, Park, Stable(s), Golf, Medical Facility, Laundromat, Sidewalks

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70162205
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