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Essex
7 Prescott Ln
Photo of 7 Prescott Ln
Sold on Dec 16, 2010

1

Map

$360,000
● House - Off Market

7 Prescott Ln

Georgetown, MA 01833
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,800 Ft²
$815,553
RealtyHop Estimate
123.44%
Since Jan 1, 2011
National-US
Primary Model

About This Property

NEW PRICE $365000.  From the rich color palette to the layout & design this 3 bed home is a delight.  You'll love a newer 26 x 12 family room addition with abundant natural lighting that leads to a deck w/hot tub. Numerous renovations in the last 8 years including septic system, roof, central air, kitchen, baths, flooring, windows, deck, landscaping, you name it - it's done.  All of this and we'll throw in a cul-de-sac & 1.54 acres abutting conservation land.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
1.54 acres
Price per sqft
$203
Property Type
House
Property Taxes
$313
HOA Dues
-
Year Built
1977

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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: 11 months ago (MLSPIN #71130848)

Price History

Date / Event Date Event Price
Dec 17, 2010 Sold
Premium
Sold
Sep 1, 2010 Listed by Keller Williams Realty $365,000
Listed by Keller Williams Realty
Apr 18, 2002 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 53,939
  • Total Building Area: 1,392
  • Gross Building Area: 2,538
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRESCOTT HILL
  • Land Acres: 0000001238
  • 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:00012 B:00000 L:00116
  • Lot: 116
  • Municipality: GEORGETOWN
  • Latitude: 42.7411
  • Longitude: -70.9931

    Address

  • Full Address: 7 Prescott Ln
  • Address - House Number: 7
  • Address - Street Name: Prescott
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Georgetown
  • Carrier Code: R008
  • 4-Digit Zip Code: 1021
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $623,100

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 693,302
  • High Value: 799,601
  • Low Value: 587,002

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $496,500
  • Assessed Land Value: $213,700
  • Assessed Improvements Value: $282,800

    Sales

  • Current Sale Recording Date: Dec 17, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 18, 2002
  • Previous Sale Amount: $220,000
  • 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

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: 11 months ago
Data Source: MLS PIN, MLS# 71130848

Frequently Asked Questions

When was property at 7 Prescott Lane built and last sold?
The property at 7 Prescott Lane was built in 1977 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 7 Prescott Lane is $387,046.
What are some comparable homes to 7 Prescott Lane?
There are currently no comparable homes to 7 Prescott Lane.
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