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Essex
2 Richardson Lane
Photo of 2 Richardson Lane
Sold on Apr 10, 2009

1

Map

$650,000
● House - Off Market

2 Richardson Lane

Georgetown, MA 01833
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,500 Ft²
$1,465,603
RealtyHop Estimate
109.67%
Since May 1, 2009
National-US
Primary Model

About This Property

Energy Efficient, young Colonial "like new" condition in Rock Pond Estates.  9 rooms, 4 bedrooms, 2.5 baths. Features include; 2 story foyer, Cherry, Granite & SS kitchen with center island, 24'Great room, stone veneer FP, Sunroom, 1st floor office, Master bedroom suite, hardwood floors, central air, vac, and security.  3 car attached garage.  Stone Veneer front. Nicely landscaped lot and beautiful views of Rock Pond. Water access for boating & recreation.
Unit Size
3,500 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$200
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
2007

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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 #70870855)

Price History

Date / Event Date Event Price
Apr 10, 2009 Sold
Premium
Sold
Jan 31, 2009 Listed $699,000
Listed
Mar 14, 2008 Sold
Premium
Sold
Mar 14, 2007 Listed by RE/MAX Renaissance Inc. $719,000
Listed by RE/MAX Renaissance Inc.
"Energy Star Rated" New Construction in Rock Pond Estates. Offers 9 rooms,4 bedrooms and 2.5 baths with 3500 sq.ft.of finished area. Special features include a stunning two story foyer, Cherry & Granite Kitchen, breakfast area & center island, 24'Great room,gas fireplace w/stone veneer, Sunroom. 1st floor office, Master bedroom suite, H/W floors, central air,and 3 car attached garage. Stone Veneer Front. Nicely Landscaped. Beautiful views of Rock Pond. Water access for boating & recreation.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 9
  • 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: 19
  • 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: 29,774
  • Total Building Area: 3,338
  • Gross Building Area: 6,550
  • Building Area: 3,338
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,338
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000684
  • 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

  • Account Number: 6D109H
  • District: 105
  • Parcel: GEOR M:0006D B:00000 L:0109H
  • Lot: 109H
  • Municipality: GEORGETOWN
  • Latitude: 42.7303
  • Longitude: -71.0033

    Address

  • Full Address: 2 Richardson Ln
  • Address - House Number: 2
  • Address - Street Name: Richardson
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C043
  • 4-Digit Zip Code: 1472
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,134,600

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,114,730
  • High Value: 1,290,166
  • Low Value: 939,293

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $904,100
  • Assessed Land Value: $270,900
  • Assessed Improvements Value: $633,200

    Sales

  • Current Sale Recording Date: Apr 10, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 10, 2009
  • 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

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# 70870855

Frequently Asked Questions

When was property at 2 Richardson Lane built and last sold?
The property at 2 Richardson Lane was built in 2007 and last sold on Jan 1, 1970 for $650,000.
How much is this home worth?
The estimated value of the home located at 2 Richardson Lane is $734,094.
What are some comparable homes to 2 Richardson Lane?
There are currently no comparable homes to 2 Richardson Lane.
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