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Essex
256 North St
$338,000
● House - Off Market

256 North St

Georgetown, MA 01833
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,280 Ft²
$624,285
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

Wonderfully maintained Circa 1840 Colonial with charming period details and modern additions and improvements. A very spacious 2,280 square feet of living space, a bright and open family room with wood stove is adjacent to the 21x26 ft deck overlooking a beautiful lot of land.  The  eat-in kitchen has corrian counter tops, some updated appliances and abuts the laundry room. The roof was replaced in 2008. There is potential for a master bath and other expansion. Seller has approval for a new 4 bedroom Septic System that will be installed prior to closing. What a Great Opportunity!!
Unit Size
2,280 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$147
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1840

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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 #71719181)

Price History

Date / Event Date Event Price
Oct 30, 2014 Sold
Premium
Sold
Jul 24, 2014 Listed by Desrocher Real Estate $334,900
Listed by Desrocher Real Estate
Mar 30, 1987 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1840
  • Effective Year Built: 1840
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 40,000
  • Total Building Area: 2,280
  • Gross Building Area: 4,933
  • Building Area: 2,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,280
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • 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:00012 B:00000 L:00061
  • Lot: 61
  • Municipality: GEORGETOWN
  • Latitude: 42.734
  • Longitude: -70.9749

    Address

  • Full Address: 256 North St
  • Address - House Number: 256
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: MA
  • City Name: Georgetown
  • Carrier Code: R008
  • 4-Digit Zip Code: 1123
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $645,100

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 773,691
  • High Value: 937,764
  • Low Value: 609,618

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $514,000
  • Assessed Land Value: $192,800
  • Assessed Improvements Value: $321,200

    Sales

  • Current Sale Recording Date: Oct 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 103000291
  • Previous Sale Recording Date: Mar 30, 1987
  • Previous Sale Amount: $139,500
  • 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

2595 ft²

Average Home Age

73.7 years

Currently For Sale

1390 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: 4 months ago
Data Source: MLS PIN, MLS# 71719181

Frequently Asked Questions

When was property at 256 North Street built and last sold?
The property at 256 North Street was built in 1840 and last sold on Jan 1, 1970 for $338,000.
How much is this home worth?
The estimated value of the home located at 256 North Street is $366,004.
What are some comparable homes to 256 North Street?
There are currently no comparable homes to 256 North Street.
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