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Essex
3 Harmony Lane
$515,000
● House - Off Market

3 Harmony Lane

Georgetown, MA 01833
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,000 Ft²
$1,192,381
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

Beautiful new construction in Georgetown ready to be finished by Spring!  Just minutes off of 95 and walking distance to schools and local shopping, this 4 bedroom colonial is a must see!  Massive Master suite includes 2 walk-in closets, Master bath boasts cherry cabinets, a soaker tub and radiant heat. 2nd floor laundry room is any moms dream!  Hardwood  throughout the 1st floor.  Still time to pick fixtures!
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$183
Property Type
House
Property Taxes
$417
HOA Dues
-
Year Built
2011

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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: 6 months ago (MLSPIN #71332331)

Price History

Date / Event Date Event Price
May 30, 2012 Sold
Premium
Sold
Jan 30, 2012 Listed by Hometown USA $549,500
Listed by Hometown USA
Feb 3, 2011 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 8
  • 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: 17,156
  • Total Building Area: 3,142
  • Gross Building Area: 5,136
  • Building Area: 3,142
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,142
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARMONY LANE
  • Land Acres: 0000000394
  • 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: 10B000000
  • District: 105
  • Parcel: GEOR M:0010B B:00000 L:0013B
  • Lot: 13B
  • Municipality: GEORGETOWN
  • Latitude: 42.7171
  • Longitude: -70.9936

    Address

  • Full Address: 3 Harmony Ln
  • Address - House Number: 3
  • Address - Street Name: Harmony
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C033
  • 4-Digit Zip Code: 2121
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,114,900

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 958,717
  • High Value: 1,110,151
  • Low Value: 807,284

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $888,400
  • Assessed Land Value: $180,000
  • Assessed Improvements Value: $708,400

    Sales

  • Current Sale Recording Date: May 30, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Feb 03, 2011
  • Previous Sale Amount: $275,000
  • 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

2510 ft²

Average Home Age

73.3 years

Currently For Sale

1405 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71332331

Frequently Asked Questions

When was property at 3 Harmony Lane built and last sold?
The property at 3 Harmony Lane was built in 2011 and last sold on Jan 1, 1970 for $515,000.
How much is this home worth?
The estimated value of the home located at 3 Harmony Lane is $582,273.
What are some comparable homes to 3 Harmony Lane?
There are currently no comparable homes to 3 Harmony Lane.
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