For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Essex
492 North St
$325,000
● Land - Off Market

492 North St

Georgetown, MA 01833
bedrooms
Studio
bathrooms
0 Bath
$330,662
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

POTENTIAL, POTENTIAL. ATTENTION INVESTOR, DEVELOPERS AND OWNER OCCUPANTS.  APPROVED PERMIT TO BUILT IN HAND. TERRFIC 1.03 ACRE LEVEL  LOT. READY TO START TO BUILT a single family house 3,996 sg ft of living area, 11 rooms, 5 bedrooms, 3 1/2 bathrooms, two car garage, two covered porches. 2224 sqft bonus basement 8.5 height ceiling for possible expansion. Approved permit to build in hand. Approved construction plans will be released to new owner by structural engineer designer and by Seller. The new built right side driveway belongs to selling lot.
Unit Size
-
Days on Market
-
Land Size
1.02 acres
Price per sqft
-
Property Type
Land
Property Taxes
$243
HOA Dues
-
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 4 months ago (MLSPIN #73051203)

Price History

Date / Event Date Event Price
Apr 14, 2023 Sold
Premium
Sold
Jan 30, 2023 In contract -
In contract
Dec 2, 2022 Price Decreased $325,000
↓ $25K (7.1%)
Price Decreased
Nov 28, 2022 Price Decreased $349,999
↓ $25K (6.7%)
Price Decreased
Nov 15, 2022 Price Increased $375,000
↑ $50K (15.4%)
Price Increased
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 44,269
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000001016
  • Standard Land Use Code: 8001
  • County Land Use Code: 131

Neighborhood

  • School District Name: Georgetown School District
  • School Tax School District: GEORGETOWN SD
  • Census Tract: 265102

Geography

  • Account Number: 18 00000 0024C
  • District: 105
  • Parcel: GEOR M:00018 B:00000 L:0024C
  • Lot: 24C
  • Municipality: GEORGETOWN
  • Latitude: 42.7452
  • Longitude: -70.9565

    Address

  • Full Address: 492 North St
  • Address - House Number: 492
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: MA
  • City Name: Georgetown
  • Carrier Code: R008
  • 4-Digit Zip Code: 1218
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $411,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $328,000
  • Assessed Land Value: $328,000

    Sales

  • Current Sale Contract Date: Apr 05, 2023
  • Current Sale Recording Date: Apr 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230414001560
  • Previous Sale Recording Date: Mar 01, 2022
  • Previous Sale Contract Date: Feb 23, 2022
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: O
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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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: 4 months ago
Data Source: MLS PIN, MLS# 73051203

Frequently Asked Questions

When was property at 492 North Street built and last sold?
The property at 492 North Street was built in and last sold on Apr 5, 2023 for $325,000.
How much is this home worth?
The estimated value of the home located at 492 North Street is $328,250.
What are some comparable homes to 492 North Street?
There are currently no comparable homes to 492 North Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Georgetown Homes for Sale
Georgetown Houses for Sale
Georgetown Condos for Sale
Georgetown Multifamily for Sale
Georgetown Land for Sale
Georgetown Commercial for Sale
Georgetown Homes with Basements
Georgetown Homes with Pools
Nearby Cities
Haverhill Homes for Sale
Newburyport Homes for Sale
Andover Homes for Sale
Ipswich Homes for Sale
Boxford Homes for Sale
Topsfield Homes for Sale
Rowley Homes for Sale
Nearby Property Records
Essex County, MA Property Records
Rockingham County, NH Property Records
Middlesex County, MA Property Records
Suffolk County, MA Property Records
Hillsborough County, NH Property Records
Norfolk County, MA Property Records
Strafford County, NH Property Records
Worcester County, MA Property Records
Neighborhoods
Colonial Heights Real Estate
Nearby Counties
Haverhill Homes for Sale
North Andover Homes for Sale
Newburyport Homes for Sale
Ipswich Homes for Sale
Boxford Homes for Sale
Newbury Homes for Sale
Topsfield Homes for Sale
Groveland Homes for Sale
Top Real Estate Agents
Top Agents in Georgetown
Top Agents in Haverhill
Top Agents in Haverhill
Top Agents in North Andover
Top Agents in 01832
Top Agents in 01830
Top Agents in Newburyport
Top Agents in Newburyport