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Essex
3 Lakeridge Drive
$495,000
● House - Off Market

3 Lakeridge Drive

Georgetown, MA 01833
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,072 Ft²
$693,135
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Welcome to the wonderful neighborhood of Lakeridge Drive!  This great 4 bedroom Ranch sits on a level lot with views of Rock Pond.  flexible floor plan with space for all.    Large eat-in country kitchen with counter top seating, dining room, vaulted ceilings, sky lights, wood burning fireplace in the living room, Master bedroom with bath and so much more. For extended family use, is a spacious 3 room in-law with its own entrance!  Bonus space in the unfinished basement with tons of storage. Enjoy the sun on the large deck, lovely plantings and trees, a convenient circular drive, and recently installed 4 bedroom septic system. Close proximity to town, park, ponds and commuter routes this home is a must see!
Unit Size
2,072 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$241
Property Type
House
Property Taxes
$512
HOA Dues
-
Year Built
1971

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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 #72667633)

Price History

Date / Event Date Event Price
Jul 31, 2020 Sold
Premium
Sold
Jun 4, 2020 Listed by Century 21 Tradition - Georgetown $499,900
Listed by Century 21 Tradition - Georgetown
Sep 4, 1986 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 9
  • 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
  • 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: 22,510
  • Total Building Area: 2,072
  • Gross Building Area: 3,840
  • Building Area: 2,072
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,072
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000517
  • 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:0006D B:00000 L:00099
  • Lot: 99
  • Municipality: GEORGETOWN
  • Latitude: 42.7303
  • Longitude: -71.0015

    Address

  • Full Address: 3 Lakeridge Dr
  • Address - House Number: 3
  • Address - Street Name: Lakeridge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C043
  • 4-Digit Zip Code: 1401
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $719,600

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 673,048
  • High Value: 783,266
  • Low Value: 562,829

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $573,400
  • Assessed Land Value: $201,800
  • Assessed Improvements Value: $371,600

    Sales

  • Current Sale Contract Date: Jul 29, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200731006270
  • Previous Sale Recording Date: Sep 04, 1986
  • Previous Sale Amount: $195,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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

$5,500 /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: 4 months ago
Data Source: MLS PIN, MLS# 72667633

Frequently Asked Questions

When was property at 3 Lakeridge Drive built and last sold?
The property at 3 Lakeridge Drive was built in 1971 and last sold on Jul 29, 2020 for $495,000.
How much is this home worth?
The estimated value of the home located at 3 Lakeridge Drive is $519,001.
What are some comparable homes to 3 Lakeridge Drive?
There are currently no comparable homes to 3 Lakeridge Drive.
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