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Essex
2 Brownfield Lane
$473,000
● House - Off Market

2 Brownfield Lane

Georgetown, MA 01833
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,100 Ft²
$1,370,443
RealtyHop Estimate
185.57%
Since Dec 1, 2000
National-US
Primary Model

About This Property

BE IN A NEW HOME FOR THRE HOLIDAYS!! OPEN LIVING AREAS, 4 LG BDRMS,BEAUTIFUL FP LR,I.G. POOL,OVERSIZED 2 CAR GARAGE,CA/CV TASTEFULLY DECORATED THROUGHOUT,TOO MANY AMMENITIES TO LIST! LONELY HOME LOOKING FOR A NEW FAMILY.
Unit Size
3,100 Ft²
Days on Market
-
Land Size
1.31 acres
Price per sqft
$155
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1988

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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 #30446924)

Price History

Date / Event Date Event Price
May 29, 2018 Sold
Premium
Sold
Nov 21, 2000 Sold
Premium
Sold
Sep 20, 2000 Listed $479,900
Listed

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 53,939
  • Total Building Area: 2,570
  • Gross Building Area: 4,404
  • Building Area: 2,570
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,570
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROWN FIELD ESTATES
  • Land Acres: 0000001238
  • 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: 265102

Geography

  • District: 105
  • Parcel: GEOR M:00018 B:00000 L:0071J
  • Lot: 71J
  • Municipality: GEORGETOWN
  • Latitude: 42.7455
  • Longitude: -70.9511

    Address

  • Full Address: 2 Brown Field Ln
  • Address - House Number: 2
  • Address - Street Name: Brown Field
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Georgetown
  • Carrier Code: R008
  • 4-Digit Zip Code: 1244
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $932,800

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 684,393
  • High Value: 739,342
  • Low Value: 629,445

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $743,300
  • Assessed Land Value: $223,300
  • Assessed Improvements Value: $520,000

    Sales

  • Current Sale Recording Date: May 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180529003130
  • Previous Sale Recording Date: Nov 21, 2000
  • Previous Sale Amount: $473,000
  • 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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30446924

Frequently Asked Questions

When was property at 2 Brownfield Lane built and last sold?
The property at 2 Brownfield Lane was built in 1988 and last sold on Jan 1, 1970 for $569,000.
How much is this home worth?
The estimated value of the home located at 2 Brownfield Lane is $0.
What are some comparable homes to 2 Brownfield Lane?
There are currently no comparable homes to 2 Brownfield Lane.
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