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Essex
5 Richardson Lane
Photo of 5 Richardson Lane
Sold on Oct 15, 2009

1

Map

$751,000
● House - Off Market

5 Richardson Lane

Georgetown, MA 01833
bedrooms
4 Beds
bathrooms
3 Baths
square feet
4,800 Ft²
$1,637,769
RealtyHop Estimate
110.00%
Since Nov 1, 2009
National-US
Primary Model

About This Property

Waterfront rainbows,sunsets,swimming,fishing,boating from your own dock.Serenely beautiful and fun filled living in energy efficient new construction with walls of windows that overlook beloved Rock Pond's lush natural surroundings.Sunshine sparkles off hardwoods throughout the expansive open floorplan and cathedral ceilings to the stunning granite gourmet kitchen and baths.Relax/entertain infront of stone/gas fireplaces or huge deck and unwind with the sweet sounds of this special place.
Unit Size
4,800 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$162
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2007

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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: 4 months ago (MLSPIN #70886838)

Price History

Date / Event Date Event Price
Jun 22, 2010 Sold
Premium
Sold
Feb 5, 2010 Listed $769,900
Listed
Oct 16, 2009 Sold
Premium
Sold
Mar 11, 2009 Listed $779,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • 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: 30,924
  • Total Building Area: 3,371
  • Gross Building Area: 6,322
  • Building Area: 3,371
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,371
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROCK POND ESTATES
  • Land Acres: 0000000710
  • 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: 6D109E
  • District: 105
  • Parcel: GEOR M:0006D B:00000 L:0109E
  • Lot: 109E
  • Municipality: GEORGETOWN
  • Latitude: 42.7301
  • Longitude: -71.0039

    Address

  • Full Address: 5 Richardson Ln
  • Address - House Number: 5
  • Address - Street Name: Richardson
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C043
  • 4-Digit Zip Code: 1472
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,308,100

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,316,637
  • High Value: 1,523,850
  • Low Value: 1,109,425

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,042,300
  • Assessed Land Value: $326,300
  • Assessed Improvements Value: $716,000

    Sales

  • Current Sale Recording Date: Jun 22, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 16, 2009
  • Previous Sale Amount: $751,000
  • 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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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# 70886838

Frequently Asked Questions

When was property at 5 Richardson Lane built and last sold?
The property at 5 Richardson Lane was built in 2007 and last sold on Jan 1, 1970 for $747,000.
How much is this home worth?
The estimated value of the home located at 5 Richardson Lane is $829,581.
What are some comparable homes to 5 Richardson Lane?
There are currently no comparable homes to 5 Richardson Lane.
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