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Essex
70 Elm St
$319,000
● House - Off Market

70 Elm St

Georgetown, MA 01833
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,958 Ft²
$373,478
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Opportunity to restore this antique home sited on lovely corner lot with mature plantings.  The antique enthusiast will love the character of this home, a remodeled bathroom, and kitchen updates. The garage has a workshop and plenty of storage area. Enjoy a screened porch most seasons.  Elementary school is a minute away, high school and downtown a short walk and ...commuter routes just a few miles away. 40 mins. to Boston.  This is an estate sale and the representative for the estate has no knowledge nor makes any representations regarding condition/systems or permitting.  Seller has septic design which will enable Buyer to finance with rehab loan for installation.  ESTIMATE IN HAND for septic replacement .
Unit Size
1,958 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$173
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
1750

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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: 5 years ago (MLSPIN #72857119)

Price History

Date / Event Date Event Price
Dec 20, 2021 Sold
Premium
Sold
Jun 25, 2021 Listed by EXIT Realty Beatrice Associates $339,000
Listed by EXIT Realty Beatrice Associates
Mar 21, 1990 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1750
  • Effective Year Built: 1750
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 21,482
  • Total Building Area: 1,958
  • Gross Building Area: 2,861
  • Building Area: 1,958
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,958
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000493
  • 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:00043
  • Lot: 43
  • Municipality: GEORGETOWN
  • Latitude: 42.7152
  • Longitude: -70.9876

    Address

  • Full Address: 70 Elm St
  • Address - House Number: 70
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C053
  • 4-Digit Zip Code: 2517
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $469,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 520,304
  • High Value: 618,646
  • Low Value: 421,963

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $373,900
  • Assessed Land Value: $189,400
  • Assessed Improvements Value: $184,500

    Sales

  • Current Sale Contract Date: Dec 20, 2021
  • Current Sale Recording Date: Dec 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 20211220003730
  • Previous Sale Recording Date: Mar 21, 1990
  • Previous Sale Amount: $124,500
  • 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

2595 ft²

Average Home Age

73.7 years

Currently For Sale

1390 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: 5 years ago
Data Source: MLS PIN, MLS# 72857119

Frequently Asked Questions

When was property at 70 Elm Street built and last sold?
The property at 70 Elm Street was built in 1750 and last sold on Dec 20, 2021 for $319,000.
How much is this home worth?
The estimated value of the home located at 70 Elm Street is $364,557.
What are some comparable homes to 70 Elm Street?
There are currently no comparable homes to 70 Elm Street.
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