For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Essex
62 Elm Street
$380,000
● House - Off Market

62 Elm Street

Georgetown, MA 01833
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,788 Ft²
$559,425
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Looking for a project ? Make this great property yours...needs rehab but would lend nicely to someone wanting a home occupation  location ( subject to Buyer verifying allowed uses/ permitting )   This was home to  a local artist and the attached barn was the studio for his workspace and gallery.   Wood floors ,  fireplaces , great room w/ vaulted ceiling and skylights leads to yard . Exterior siding has not been tested, not certain if asbestos , fiber cement or other material .  Two story Barn has T-111 siding, addtl parking in front and slider to yard and 1/2 bath .   Walk to village / elementary school / close to commuter routes .
Unit Size
2,788 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$143
Property Type
House
Property Taxes
$502
HOA Dues
-
Year Built
1790

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 #72612789)

Price History

Date / Event Date Event Price
Jul 1, 2020 Sold
Premium
Sold
Feb 8, 2020 Listed by Bean Group $399,000
Listed by Bean Group

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1790
  • Effective Year Built: 1790
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 1
  • 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: 19,500
  • Total Building Area: 2,788
  • Gross Building Area: 5,522
  • Building Area: 2,788
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,788
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000448
  • 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

  • District: 105
  • Parcel: GEOR M:0010A B:00000 L:00047
  • Lot: 47
  • Municipality: GEORGETOWN
  • Latitude: 42.7158
  • Longitude: -70.9874

    Address

  • Full Address: 62 Elm St
  • Address - House Number: 62
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C053
  • 4-Digit Zip Code: 2516
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $701,000

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 721,393
  • High Value: 853,583
  • Low Value: 589,203

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $558,600
  • Assessed Land Value: $183,400
  • Assessed Improvements Value: $375,200

    Sales

  • Current Sale Contract Date: Jun 30, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200701006180
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

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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# 72612789

Frequently Asked Questions

When was property at 62 Elm Street built and last sold?
The property at 62 Elm Street was built in 1790 and last sold on Jun 30, 2020 for $380,000.
How much is this home worth?
The estimated value of the home located at 62 Elm Street is $438,983.
What are some comparable homes to 62 Elm Street?
There are currently no comparable homes to 62 Elm 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