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Essex
77 W Main St
$368,500
● House - Off Market

77 W Main St

Georgetown, MA 01833
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,616 Ft²
$568,100
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Fantastic In-town location presents all of the amenities that growing Georgetown enjoys, walk to Perley Elementary, the library, shopping and a super dinner with the family at the Spot. This well-kept Colonial has as great floor plan with 3+ bedrooms and 1.5 baths and has had significant updates in the past few years. Notable features of this home include central air, a kitchen with newer appliances (2-4 years old), a separate dining room with a homey decorative fireplace, and popular, neutral colors throughout. Come summer, you'll delight in the in-ground pool that has been enhanced with a newer fence in 2015, a new retaining wall and an expanded patio so more friends can join you around the firepit.  Other significant improvements are a new septic system in 2012, new garage roof and water heater this year.
Unit Size
1,616 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$241
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1875

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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 #72586329)

Price History

Date / Event Date Event Price
Jan 15, 2020 Sold
Premium
Sold
Oct 30, 2019 Listed by Engel & Volkers By the Sea $389,900
Listed by Engel & Volkers By the Sea
Sep 14, 2012 Sold
Premium
Sold
May 29, 2012 Listed by Engel & Volkers By the Sea $315,000
Listed by Engel & Volkers By the Sea
Jul 17, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1875
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 9,756
  • Total Building Area: 1,616
  • Gross Building Area: 2,405
  • Building Area: 1,616
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,616
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000224
  • 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:0006C B:00000 L:00144
  • Lot: 144
  • Municipality: GEORGETOWN
  • Latitude: 42.7273
  • Longitude: -70.9944

    Address

  • Full Address: 77 W Main St
  • Address - House Number: 77
  • Street Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C043
  • 4-Digit Zip Code: 1524
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $499,400

    Appraisal Valuation

  • Standard Deviation: 0.2374
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 588,715
  • High Value: 728,478
  • Low Value: 448,952

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $397,900
  • Assessed Land Value: $153,800
  • Assessed Improvements Value: $244,100

    Sales

  • Current Sale Contract Date: Jan 15, 2020
  • Current Sale Recording Date: Jan 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200115002060
  • Previous Sale Recording Date: Sep 14, 2012
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: O
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

2533 ft²

Average Home Age

72.6 years

Currently For Sale

1471 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

$6,000 /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# 72586329

Frequently Asked Questions

When was property at 77 West Main Street built and last sold?
The property at 77 West Main Street was built in 1875 and last sold on Jan 15, 2020 for $368,500.
How much is this home worth?
The estimated value of the home located at 77 West Main Street is $402,623.
What are some comparable homes to 77 West Main Street?
There are currently no comparable homes to 77 West Main Street.
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