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Essex
408 North Street
Photo of 408 North Street
Sold on Jul 16, 2012

1

Map

$357,100
● House - Off Market

408 North Street

Georgetown, MA 01833
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,200 Ft²
$751,181
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

Nicely sited on private half acre lot, this spacious 4 bdrm, 2.5 bth Colonial with finished 3rd floor game rm just needs a little freshening up!  Large eat-in-kitchen, fireplaced family rm with sliders to deck and backyard, plus a 38 x 19 game rm on the 3rd floor.  Hardwood floors throughout first floor.  Sale of this property and commission is subject to 3rd party lender approval.  Heating system in basement & air handler on 3rd floor are not operating properly & may need to be replaced.
Unit Size
3,200 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$109
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
2004

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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: 2 months ago (MLSPIN #71228936)

Price History

Date / Event Date Event Price
Jul 20, 2023 Sold
Premium
Sold
Jun 4, 2023 In contract -
In contract
May 30, 2023 Listed by RE/MAX Prestige $945,000
Listed by RE/MAX Prestige
Oct 9, 2015 Sold
Premium
Sold
Aug 26, 2015 Listed by RE/MAX Prestige $525,000
Listed by RE/MAX Prestige
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • 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: 21,780
  • Total Building Area: 3,180
  • Gross Building Area: 5,536
  • Building Area: 3,180
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,180
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • 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:00017 B:00000 L:00047
  • Lot: 47
  • Municipality: GEORGETOWN
  • Latitude: 42.7402
  • Longitude: -70.962

    Address

  • Full Address: 408 North St
  • Address - House Number: 408
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: MA
  • City Name: Georgetown
  • Carrier Code: R008
  • 4-Digit Zip Code: 1216
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,299,100

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 898,928
  • High Value: 1,042,400
  • Low Value: 755,457

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,035,100
  • Assessed Land Value: $173,100
  • Assessed Improvements Value: $862,000

    Sales

  • Current Sale Contract Date: Jul 20, 2023
  • Current Sale Recording Date: Jul 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230720001380
  • Previous Sale Recording Date: Oct 09, 2015
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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: 2 months ago
Data Source: MLS PIN, MLS# 71228936

Frequently Asked Questions

When was property at 408 North Street built and last sold?
The property at 408 North Street was built in 2004 and last sold on Jul 20, 2023 for $1,022,000.
How much is this home worth?
The estimated value of the home located at 408 North Street is $952,661.
What are some comparable homes to 408 North Street?
There are currently no comparable homes to 408 North Street.
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