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Essex
65 Searle St
$400,000
● House - Off Market

65 Searle St

Georgetown, MA 01833
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,430 Ft²
$658,942
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Located on a quiet street, this home offers many updates!  NEWER High Efficiency Heating System and Tank-less Water Heater, Roof, Fencing, Above Ground Pool, Attic Insulation, Finished Lower Level, Slider, Granite Walkway.  Open kitchen/dining/living room layout with Hardwood floors throughout the upstairs level.  Spacious kitchen with plenty of cabinet space.  Finished lower level with full bath and pellet stove that can provide heat for most of the house.  Sit on your deck to enjoy the beautiful fenced in backyard, perfect for entertaining.  Pull down attic for additional storage. Garage with ample parking.  Location, Location! – nearby commuter rail, highway access, and area amenities.  Most of the major items are Newer, Just turn the key and move in!  Showings begin at Open House Sunday, January 29th 11-1230
Unit Size
1,430 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$280
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1966

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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 months ago (MLSPIN #72112713)

Price History

Date / Event Date Event Price
Mar 28, 2017 Sold
Premium
Sold
Jan 26, 2017 Listed by North Shore Realty Pros $399,900
Listed by North Shore Realty Pros
Dec 16, 2011 Sold
Premium
Sold
Sep 8, 2011 Listed by North Shore Realty Pros $299,900
Listed by North Shore Realty Pros

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 40,000
  • Total Building Area: 1,008
  • Gross Building Area: 2,160
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • 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:00058
  • Lot: 58
  • Municipality: GEORGETOWN
  • Latitude: 42.7235
  • Longitude: -70.9618

    Address

  • Full Address: 65 Searle St
  • Address - House Number: 65
  • 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: $598,100

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 620,852
  • High Value: 722,523
  • Low Value: 519,181

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $476,600
  • Assessed Land Value: $212,100
  • Assessed Improvements Value: $264,500

    Sales

  • Current Sale Recording Date: Mar 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 262
  • Previous Sale Recording Date: Dec 16, 2011
  • Previous Sale Amount: $290,000
  • 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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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# 72112713

Frequently Asked Questions

When was property at 65 Searle Street built and last sold?
The property at 65 Searle Street was built in 1966 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 65 Searle Street is $408,972.
What are some comparable homes to 65 Searle Street?
There are currently no comparable homes to 65 Searle Street.
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