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Essex
304 Central St
$1,200,000
● House - Off Market

304 Central St

Georgetown, MA 01833
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
6,181 Ft²
$2,429,083
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model

About This Property

SUPERBLY DESIGNED AND CRAFTED, secure, private SHINGLE STYLE, 7+ ac close to town, conveniences & commuter routes. EXPANSIVE VIEWS across well kept lawns to woods and pond beyond help define the privacy! EXTRAORDINARY detail, all elements meticulously planned & executed. GRACIOUS FOYER W/ WINDING OPEN STAIRCASE sets the tone & it just gets better from there. Towering flr to ceiling GRANITE FRPLC & WINDOW WALL highlight lv space adjacent to GOURMET KIT. MUST SEE FOR ANY SERIOUS BUYER IN $ RANGE.
Unit Size
6,181 Ft²
Days on Market
-
Land Size
7.80 acres
Price per sqft
$202
Property Type
House
Property Taxes
$1,178
HOA Dues
-
Year Built
2005

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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: 5 months ago (MLSPIN #71481829)

Price History

Date / Event Date Event Price
Jan 31, 2014 Sold
Premium
Sold
Feb 12, 2013 Listed by J. Barrett & Company $1,250,000
Listed by J. Barrett & Company
Aug 21, 2009 Sold
Premium
Sold
Oct 23, 2008 Listed by J. Barrett & Company $1,945,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 4
  • Partial Bathrooms: 6
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 12
  • 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: 339,693
  • Total Building Area: 7,123
  • Gross Building Area: 13,989
  • Building Area: 7,123
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 7,123
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000007798
  • 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:00009 B:00000 L:00010
  • Lot: 10
  • Municipality: GEORGETOWN
  • Latitude: 42.7044
  • Longitude: -70.9866

    Address

  • Full Address: 304 Central St
  • Address - House Number: 304
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C033
  • 4-Digit Zip Code: 2503
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,926,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2304
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 2,590,861
  • High Value: 3,011,743
  • Low Value: 2,169,979

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,332,000
  • Assessed Land Value: $227,200
  • Assessed Improvements Value: $2,104,800

    Sales

  • Current Sale Recording Date: Jan 31, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 260
  • Previous Sale Recording Date: Aug 21, 2009
  • Previous Sale Amount: $1,550,000
  • 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

2540 ft²

Average Home Age

72.8 years

Currently For Sale

1500 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71481829

Frequently Asked Questions

When was property at 304 Central Street built and last sold?
The property at 304 Central Street was built in 2005 and last sold on Jan 1, 1970 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 304 Central Street is $1,330,405.
What are some comparable homes to 304 Central Street?
There are currently no comparable homes to 304 Central Street.
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