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Essex
8 Bussing Way
$764,500
● House - Off Market

8 Bussing Way

Georgetown, MA 01833
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,985 Ft²
$759,075
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Come fall in love with this meticulously maintained 4-bedroom Colonial located on a desirable cul-de-sac.    Inviting first floor offers eat-in kitchen, hardwood floors, and large year-round sunroom.   Generously sized owner's suite offers its own private bath and walk-in closet.     Don't miss the walk-up attic that offers spacious storage and/or room for expansion!!!    Comfortable finished basement has a gas-stove, bar and walk-out to a beautifully kept yard-space.   Private deck is perfect for relaxing or entertaining. Come see this beautiful property and enjoy everything Georgetown has to offer!!!  OPEN HOUSE 10/02 & 10/03 11:00-1:00.
Unit Size
2,985 Ft²
Days on Market
-
Land Size
1.15 acres
Price per sqft
$231
Property Type
House
Property Taxes
$644
HOA Dues
-
Year Built
1992

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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 #72900569)

Price History

Date / Event Date Event Price
Dec 7, 2021 Sold
Premium
Sold
Sep 27, 2021 Listed by Coco, Early & Associates $689,000
Listed by Coco, Early & Associates
May 25, 1993 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 50,019
  • Total Building Area: 2,052
  • Gross Building Area: 4,674
  • Building Area: 2,052
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,052
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001148
  • 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:00085
  • Lot: 85
  • Municipality: GEORGETOWN
  • Latitude: 42.7263
  • Longitude: -70.9733

    Address

  • Full Address: 8 Bussing Way
  • Address - House Number: 8
  • Address - Street Name: Bussing
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C053
  • 4-Digit Zip Code: 1724
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $954,600

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 864,086
  • High Value: 1,012,547
  • Low Value: 715,624

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $760,600
  • Assessed Land Value: $222,900
  • Assessed Improvements Value: $537,700

    Sales

  • Current Sale Contract Date: Dec 07, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211207003330
  • Previous Sale Recording Date: May 25, 1993
  • Previous Sale Amount: $60,000
  • 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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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: 5 years ago
Data Source: MLS PIN, MLS# 72900569

Frequently Asked Questions

When was property at 8 Bussing Way built and last sold?
The property at 8 Bussing Way was built in 1992 and last sold on Dec 7, 2021 for $764,500.
How much is this home worth?
The estimated value of the home located at 8 Bussing Way is $0.
What are some comparable homes to 8 Bussing Way?
There are currently no comparable homes to 8 Bussing Way.
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