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Essex
2 Noyes Rd
$392,500
● House - Off Market

2 Noyes Rd

Georgetown, MA 01833
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$557,130
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Spring is finally here and now may be your chance to get into Georgetown with this beautifully renovated home in a great neighborhood and location. Bright and updated kitchen, bath, floors with newer roof and septic system make living here easy. Easy access to major routes and lush landscaped yard with raised garden beds and large fenced in back yard make this home perfect for many.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$359
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1961

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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: 5 months ago (MLSPIN #72472051)

Price History

Date / Event Date Event Price
Jun 14, 2019 Sold
Premium
Sold
Mar 28, 2019 Listed by Bentley's $379,000
Listed by Bentley's
Apr 27, 2015 Sold
Premium
Sold
Mar 19, 2015 Listed by Bentley's $288,800
Listed by Bentley's

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 15,328
  • Total Building Area: 1,056
  • Gross Building Area: 2,352
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000352
  • 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:00074
  • Lot: 74
  • Municipality: GEORGETOWN
  • Latitude: 42.7448
  • Longitude: -70.9531

    Address

  • Full Address: 2 Noyes Rd
  • Address - House Number: 2
  • Address - Street Name: Noyes
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Georgetown
  • Carrier Code: R008
  • 4-Digit Zip Code: 1222
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $563,600

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 582,833
  • High Value: 682,610
  • Low Value: 483,055

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $449,100
  • Assessed Land Value: $177,400
  • Assessed Improvements Value: $271,700

    Sales

  • Current Sale Contract Date: May 20, 2019
  • Current Sale Recording Date: Jun 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190614003710
  • Previous Sale Recording Date: Apr 27, 2015
  • Previous Sale Amount: $288,800
  • Previous Sale Document Type: O
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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2510 ft²

Average Home Age

73.3 years

Currently For Sale

1405 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: 5 months ago
Data Source: MLS PIN, MLS# 72472051

Frequently Asked Questions

When was property at 2 Noyes Road built and last sold?
The property at 2 Noyes Road was built in 1961 and last sold on May 20, 2019 for $392,500.
How much is this home worth?
The estimated value of the home located at 2 Noyes Road is $382,111.
What are some comparable homes to 2 Noyes Road?
There are currently no comparable homes to 2 Noyes Road.
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