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Essex
6 Tenney Street
Photo of 6 Tenney Street

1

Map

$1,750,000
● Land - Off Market

6 Tenney Street

Georgetown, MA 01833
bedrooms
Studio
bathrooms
0 Bath
$8,681
Est. Monthly

About This Property

Rare opportunity for a developer or builder to come in and take over a substantially completed three unit condo project. Plans include two new condos, very large (1900 sq ft) units with 3 beds / 3 baths and a bonus room; existing unit is a 2300 sq ft unit with 4 beds / 2.5 baths and a bonus room. New units will come fully framed, with windows/siding complete, most of the electrical and plumbing complete, HVAC complete, roof complete, fire protection system will be mostly completed, designs/plans/permits available. Seller willing and able to work with buyer to streamline this quick build. This will only be available for a short time (1 month) otherwise owner will continue and complete the project on own accord.
Unit Size
-
Days on Market
-
Land Size
1.62 acres
Price per sqft
-
Property Type
Land
Property Taxes
$88
HOA Dues
-
Year Built
1870

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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: 2 months ago (MLSPIN #73555093)

Price History

Date / Event Date Event Price
Aug 27, 2026 No longer available -
No longer available
Jul 26, 2026 Listed by Keller Williams Realty $1,750,000
Listed by Keller Williams Realty
Dec 23, 2021 Sold
Premium
Sold
Oct 22, 2015 Sold
Premium
Sold
Apr 1, 2015 Listed by Keller Williams Realty $369,900
Listed by Keller Williams Realty
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • 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: 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: 70,492
  • Total Building Area: 2,303
  • Gross Building Area: 4,357
  • Building Area: 2,303
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 2,303
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001618
  • 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:00010 B:00000 L:00016
  • Lot: 16
  • Municipality: GEORGETOWN
  • Latitude: 42.718
  • Longitude: -70.9728

    Address

  • Full Address: 6 Tenney St
  • Address - House Number: 6
  • Address - Street Name: Tenney
  • Address - Suffix Type: St
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C053
  • 4-Digit Zip Code: 1708
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $809,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 820,500
  • High Value: 995,119
  • Low Value: 645,880

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $645,100
  • Assessed Land Value: $196,300
  • Assessed Improvements Value: $448,800

    Sales

  • Current Sale Contract Date: Dec 23, 2021
  • Current Sale Recording Date: Dec 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211223004810
  • Previous Sale Recording Date: Oct 22, 2015
  • Previous Sale Amount: $345,000
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2550 ft²

Average Home Age

72.4 years

Currently For Sale

1469 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

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Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 73555093

Frequently Asked Questions

When was property at 6 Tenney Street built and last sold?
The property at 6 Tenney Street was built in 1870 and last sold on Dec 23, 2021 for $360,000.
How much is this home worth?
The estimated value of the home located at 6 Tenney Street is $1,767,500.
What are some comparable homes to 6 Tenney Street?
There are currently no comparable homes to 6 Tenney Street.
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