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$286,500
● House - Off Market

8 Pearson

Georgetown, MA
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,197 Ft²
$636,479
RealtyHop Estimate
127.31%
Since Nov 1, 2011
National-US
Primary Model

About This Property

A RUSTIC COUNTRY HOUSE SURROUNDED BY 27 ACRES OF A TOWN GREENBELT, ALL BUT ABUTTING THE 2,500 ACRES OF A STATE RESERVE COVERING 4 TOWNS. PINE PANELED ROOMS, A GREAT STONE FIREPLACE, BALCONY OVER LIVING-ROOM GIVES THE FEELING OF A SKI/ VACATION HOUSE UP-COUNTRY. PRIVACY DOWN A 600 FT. DRIVEWAY ONLY 3/4 MILE FROM I-95 FOR COMMUTING EASE.ESCAPE LOCATION IN CLASSIC SMALL TOWN. NEEDS SOME  UPDATING. CHARMING HOME. 24 HRS NOTICE NEEDED FOR APPOINTMENT TO SHOW.
Unit Size
1,197 Ft²
Days on Market
-
Land Size
7.00 acres
Price per sqft
$234
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
-

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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 years ago (MLSPIN #71232819)

Price History

Date / Event Date Event Price
Oct 3, 2011 Sold
Premium
Sold
May 14, 2011 Listed by Lyv Realty $280,000
Listed by Lyv Realty

Property Highlights

Parking Available
Fireplace
Interior Details
Level: Main
Width: 20
Length: 13
Features: Cathedral Ceiling(s), Window(s) - Bay/Bow/Box, Dining Area, Flooring - Vinyl
Area: 260
Level: First
Features: Bathroom - Full
Width: 12
Length: 11
Area: 132
Length: 11
Level: First
Area: 264
Features: Cathedral Ceiling(s), Flooring - Hardwood, Balcony / Deck, Balcony - Interior, Flooring - Wood
Width: 24
Features: Bathroom - Half, Balcony - Interior, Flooring - Wood
Level: Second
Length: 11
Width: 19
Area: 209
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Tank Water Heaterless, Utility Connections for Electric Range
Flooring Type: Wood, Carpet
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Partial, Walk-Out Access
Parking Details
Parking Features: Shared Driveway, Off Street, Unpaved
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Single Family Residence
Building Area Units: Square Feet
Construction Materials: Frame, Stone
Lead Paint: Unknown
Lot Features: Wooded, Cleared
Lot Size Area: 7
Lot Size Units: Acres
Lot Size Acres: 7
Zoning: RB
Parcel Number: 18/44, 1890291
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $257,500
Tax Annual Amount: $2,724
Utilities Details
Utilities: for Electric Range
Cooling Type: None
Heating Type: Central, Baseboard, Oil
Sewer : Private Sewer, Private Sewerage
Location Details
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Conservation Area, Highway Access, Public School

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71232819
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