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Essex
6 Cherry Tree Lane
$380,000
● House - Off Market

6 Cherry Tree Lane

Groveland, MA 01834
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,256 Ft²
$907,854
RealtyHop Estimate
129.84%
Since Dec 1, 2011
National-US
Primary Model

About This Property

Welcome to this 4 bedroom, 2 1/2 bath Center Colonial.  First floor has living room, dining room, family room and kitchen.  Kitchen has granite counter tops, recessed lighting, access to deck off kitchen and new carpet throughout the home. Four bedrooms have been newly painted and all 3 bathrooms have new vanities and sinks.  Large unfinished basement and access from basement to 2 car garage. Yard is professionally landscaped with storage shed.  Only minutes from Groveland and Georgetown Center.
Unit Size
2,256 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$175
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
1990

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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: 5 months ago (MLSPIN #71295137)

Price History

Date / Event Date Event Price
Nov 21, 2011 Sold
Premium
Sold
Oct 2, 2011 Listed by EXIT Premier Real Estate $395,000
Listed by EXIT Premier Real Estate
Sep 1, 1995 Sold
Premium
Sold
Nov 8, 1994 Listed by EXIT Premier Real Estate $217,000
Listed by EXIT Premier Real Estate

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,120
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,534
  • Total Building Area: 2,256
  • Gross Building Area: 3,546
  • Building Area: 2,256
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,256
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: APPLE BLOSSOM ESTATES
  • Land Acres: 0000000517
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pentucket School District
  • Census Tract: 264100

Zoning

  • Zoning: RB

Geography

  • District: 116
  • Parcel: GROV M:25 B:153 L:0
  • Block: 153
  • Municipality: GROVELAND
  • Latitude: 42.7506
  • Longitude: -71.0206

    Address

  • Full Address: 6 Cherry Tree Ln
  • Address - House Number: 6
  • Address - Street Name: Cherry Tree
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Groveland
  • Carrier Code: C064
  • 4-Digit Zip Code: 1744
  • Zip Code: 01834

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $810,000

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 705,400
  • High Value: 824,063
  • Low Value: 586,736

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $598,200
  • Assessed Land Value: $201,200
  • Assessed Improvements Value: $397,000

    Sales

  • Current Sale Recording Date: Nov 21, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 01, 1995
  • Previous Sale Amount: $212,000
  • 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

2506 ft²

Average Home Age

73.2 years

Currently For Sale

1507 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

$5,000 /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: 5 months ago
Data Source: MLS PIN, MLS# 71295137

Frequently Asked Questions

When was property at 6 Cherry Tree Lane built and last sold?
The property at 6 Cherry Tree Lane was built in 1990 and last sold on Jan 1, 1970 for $380,000.
How much is this home worth?
The estimated value of the home located at 6 Cherry Tree Lane is $414,567.
What are some comparable homes to 6 Cherry Tree Lane?
There are currently no comparable homes to 6 Cherry Tree Lane.
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