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Essex
62 Searle Street
$282,000
● House - Off Market

62 Searle Street

Georgetown, MA 01833
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,100 Ft²
$913,605
RealtyHop Estimate
217.33%
Since Aug 1, 1999
National-US
Primary Model

About This Property

PRIVACY ABOUNDS. COUNTRY SETTING SITUATED ON 1.54 AC ON A ONE WAY STREET! 7+ ROOM COLONIAL, CATHEDRAL MASTER, WHIRLPOOL, CERAMICS, COUNTRY KITCHEN, FIREPLACE LIVING, LOWER LEVEL FAMILY ROOM.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
1.54 acres
Price per sqft
$137
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1992

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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 years ago (MLSPIN #30312222)

Price History

Date / Event Date Event Price
Aug 10, 2009 Sold
Premium
Sold
Jul 30, 1999 Sold
Premium
Sold
Apr 20, 1999 Listed $287,900
Listed

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 8
  • 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: 67,007
  • Total Building Area: 1,728
  • Gross Building Area: 2,976
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PREPARED JRC ASSOC INC
  • Land Acres: 0000001538
  • 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:0019B
  • Lot: 19B
  • Municipality: GEORGETOWN
  • Latitude: 42.7241
  • Longitude: -70.9627

    Address

  • Full Address: 62 Searle St
  • Address - House Number: 62
  • Address - Street Name: Searle
  • Address - Suffix Type: St
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C053
  • 4-Digit Zip Code: 2212
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $696,800

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 690,456
  • High Value: 799,517
  • Low Value: 581,396

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $555,200
  • Assessed Land Value: $215,200
  • Assessed Improvements Value: $340,000

    Sales

  • Current Sale Recording Date: Aug 10, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 30, 1999
  • Previous Sale Amount: $282,000
  • 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

2522 ft²

Average Home Age

72.8 years

Currently For Sale

1493 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30312222

Frequently Asked Questions

When was property at 62 Searle Street built and last sold?
The property at 62 Searle Street was built in 1992 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 62 Searle Street is $0.
What are some comparable homes to 62 Searle Street?
There are currently no comparable homes to 62 Searle Street.
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