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Essex
59 Searle St.
$300,000
● House - Off Market

59 Searle St.

Georgetown, MA 01833
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,464 Ft²
$584,614
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model

About This Property

Significant price reduction on this well maintained Colonial in a fabulous wooded setting!  This home has had  many updates, boasts loads of hardwood floors, spacious living room with fireplace, country kitchen open to dining room with Village Woodworking cabinets, newer appliances, family room with vaulted ceiling, woodstove and slider to a great patio area. 3 bedrooms with hardwood floors and so much more.  All set on a  lovely acre lot with a beautiful back yard with mature plantings and trees.  Close to commuter routes and all the North Shore has to offer.  Don't miss this Gem!
Unit Size
1,464 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$205
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1966

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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 #71566310)

Price History

Date / Event Date Event Price
Dec 10, 2013 Sold
Premium
Sold
Aug 7, 2013 Listed by Coldwell Banker Residential Brokerage - Topsfield $299,900
Listed by Coldwell Banker Residential Brokerage - Topsfield

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 40,871
  • Total Building Area: 1,464
  • Gross Building Area: 2,040
  • Building Area: 1,464
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,464
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000938
  • 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:00016 B:00000 L:00055
  • Lot: 55
  • Municipality: GEORGETOWN
  • Latitude: 42.7234
  • Longitude: -70.9635

    Address

  • Full Address: 59 Searle St
  • Address - House Number: 59
  • Address - Street Name: Searle
  • Address - Suffix Type: St
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C053
  • 4-Digit Zip Code: 2213
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $510,200

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 631,374
  • High Value: 781,720
  • Low Value: 481,028

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $406,500
  • Assessed Land Value: $212,200
  • Assessed Improvements Value: $194,300

    Sales

  • Current Sale Recording Date: Dec 10, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 132
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71566310

Frequently Asked Questions

When was property at 59 Searle Street built and last sold?
The property at 59 Searle Street was built in 1966 and last sold on Jan 1, 1970 for $300,000.
How much is this home worth?
The estimated value of the home located at 59 Searle Street is $318,452.
What are some comparable homes to 59 Searle Street?
There are currently no comparable homes to 59 Searle Street.
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