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Essex
24R Pennbrook Ave
$521,000
● House - Off Market

24R Pennbrook Ave

Georgetown, MA 01833
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,300 Ft²
$933,174
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Georgetown's own compound.. Delightful spacious ranch set back 300 feet from the road with gorgeous views... Includes four bedrooms, two full baths with a master including a hot tub. Beautiful upgraded kitchen with new stainless steel appliances! This property offers a magical arena for small barn animals with an adorable henhouse that could also be used as a workshop or child's playhouse!!! This property also offers a legal in-law apartment with income potential. A must see @ $521,000!
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.99 acres
Price per sqft
$227
Property Type
House
Property Taxes
$478
HOA Dues
-
Year Built
1994

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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 years ago (MLSPIN #71817014)

Price History

Date / Event Date Event Price
May 28, 2015 Sold
Premium
Sold
Apr 14, 2015 Listed by Coldwell Banker Realty - Newburyport $521,000
Listed by Coldwell Banker Realty - Newburyport

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 2
  • 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: 46,534
  • Total Building Area: 1,680
  • Gross Building Area: 3,792
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001068
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Georgetown School District
  • School Tax School District: GEORGETOWN SD
  • Census Tract: 265102

Geography

  • Parcel: GEOR M:0010B B:00000 L:0073C
  • Lot: 73C
  • Municipality: GEORGETOWN
  • Latitude: 42.7234
  • Longitude: -70.9847

    Address

  • Full Address: 24r Penn Brook Ave
  • Address - House Number: 24r
  • Address - Street Name: Penn Brook
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C053
  • 4-Digit Zip Code: 2108
  • Zip Code: 01833

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.1636
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 762,285
  • High Value: 887,071
  • Low Value: 637,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $638,100
  • Assessed Land Value: $193,000
  • Assessed Improvements Value: $445,100

    Sales

  • Current Sale Recording Date: May 28, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 340
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

2521 ft²

Average Home Age

73.7 years

Currently For Sale

1419 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 71817014

Frequently Asked Questions

When was property at 24R Penn Brook Avenue built and last sold?
The property at 24R Penn Brook Avenue was built in 1994 and last sold on Jan 1, 1970 for $521,000.
How much is this home worth?
The estimated value of the home located at 24R Penn Brook Avenue is $0.
What are some comparable homes to 24R Penn Brook Avenue?
There are currently no comparable homes to 24R Penn Brook Avenue.
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