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Essex
3 Davis Lane
$510,000
● House - Off Market

3 Davis Lane

Georgetown, MA 01833
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,289 Ft²
$1,067,955
RealtyHop Estimate
114.02%
Since Feb 1, 2013
National-US
Primary Model

About This Property

Welcome to Georgetown! Idyllic cul de sac location across the street from golf course, tennis and pool club. This 5 bedroom Central entrance colonial includes an in-law apt in LL complete w/walk out to bluestone patio. Beautiful well established landscaped lot includes fruit trees and mature plantings. Huge EIK with dining area and granite island. Sunlit LR/FR w/gas FP flanked on both sides w/built-ins opens to deck overlooking private back yard. Make this your next home!
Unit Size
3,289 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$152
Property Type
House
Property Taxes
$647
HOA Dues
-
Year Built
1997

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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 #71413459)

Price History

Date / Event Date Event Price
Jan 18, 2013 Sold
Premium
Sold
Jul 24, 2012 Listed by RE/MAX Prestige $499,000
Listed by RE/MAX Prestige
Jan 26, 1998 Sold
Premium
Sold
May 30, 1997 Listed by RE/MAX Prestige $359,900
Listed by RE/MAX Prestige

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 44,356
  • Total Building Area: 3,289
  • Gross Building Area: 5,292
  • Building Area: 3,289
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,289
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001018
  • 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:00005 B:00000 L:0048N
  • Lot: 48N
  • Municipality: GEORGETOWN
  • Latitude: 42.7209
  • Longitude: -71.0109

    Address

  • Full Address: 3 Davis Ln
  • Address - House Number: 3
  • Address - Street Name: Davis
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Georgetown
  • Carrier Code: R015
  • 4-Digit Zip Code: 1335
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $970,400

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 977,118
  • High Value: 1,130,897
  • Low Value: 823,339

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $773,200
  • Assessed Land Value: $222,200
  • Assessed Improvements Value: $551,000

    Sales

  • Current Sale Recording Date: Jan 18, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jan 26, 1998
  • Previous Sale Amount: $352,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2523 ft²

Average Home Age

72.3 years

Currently For Sale

1497 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# 71413459

Frequently Asked Questions

When was property at 3 Davis Lane built and last sold?
The property at 3 Davis Lane was built in 1997 and last sold on Jan 1, 1970 for $510,000.
How much is this home worth?
The estimated value of the home located at 3 Davis Lane is $503,422.
What are some comparable homes to 3 Davis Lane?
There are currently no comparable homes to 3 Davis Lane.
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