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Essex
25 Lakeshore Dr
$589,000
● House - Off Market

25 Lakeshore Dr

Georgetown, MA 01833
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,507 Ft²
$622,596
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Come and see all that 25 Lakeshore Dr has to offer!  This modern home is located close to the center of Georgetown, giving you quick access to the schools, shopping, and dining that it has to offer.  On the first floor of this home you will find an open kitchen, dining, and living room area, as well as a bedroom and full bath.  Additionally the first floor has a separate exterior entrance to a mud room as well as a half bath, which is perfect for when entertaining guests in the large yard and screened in porch.  On the second floor you will find the master bedroom with a master bath, as well as a second bedroom.  This home also has a large paved driveway allowing for plenty of off street parking.   Don't miss this opportunity to live in a great home in a great community!
Unit Size
1,507 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$395
Property Type
House
Property Taxes
$527
HOA Dues
-
Year Built
1959

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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: 5 months ago (MLSPIN #73038134)

Price History

Date / Event Date Event Price
Oct 28, 2022 Sold
Premium
Sold
Sep 19, 2022 Listed by Newhall Real Estate $595,000
Listed by Newhall Real Estate
Sep 19, 2018 Sold
Premium
Sold
Aug 1, 2018 Listed by Newhall Real Estate $429,900
Listed by Newhall Real Estate
Sep 3, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 12,500
  • Total Building Area: 1,507
  • Gross Building Area: 2,896
  • Building Area: 1,507
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,507
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GEORGETOWN LAKE SHORES SEC 01
  • Land Acres: 0000000287
  • 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

  • District: 105
  • Parcel: GEOR M:00021 B:00000 L:00066
  • Lot: 66
  • Municipality: GEORGETOWN
  • Latitude: 42.723
  • Longitude: -71.0024

    Address

  • Full Address: 25 Lakeshore Dr
  • Address - House Number: 25
  • Address - Street Name: Lakeshore
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C033
  • 4-Digit Zip Code: 1923
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $703,300

    Appraisal Valuation

  • Standard Deviation: 0.1811
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 629,206
  • High Value: 743,176
  • Low Value: 515,237

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $560,400
  • Assessed Land Value: $157,900
  • Assessed Improvements Value: $402,500

    Sales

  • Current Sale Contract Date: Oct 28, 2022
  • Current Sale Recording Date: Oct 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221028001270
  • Previous Sale Recording Date: Sep 19, 2018
  • Previous Sale Amount: $435,000
  • 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

2523 ft²

Average Home Age

72.6 years

Currently For Sale

1457 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

$5,000 /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: 5 months ago
Data Source: MLS PIN, MLS# 73038134

Frequently Asked Questions

When was property at 25 Lake Shore Drive built and last sold?
The property at 25 Lake Shore Drive was built in 1959 and last sold on Oct 28, 2022 for $589,000.
How much is this home worth?
The estimated value of the home located at 25 Lake Shore Drive is $590,706.
What are some comparable homes to 25 Lake Shore Drive?
There are currently no comparable homes to 25 Lake Shore Drive.
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