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Essex
8 Pentucket Avenue
$370,000
● House - Off Market

8 Pentucket Avenue

Georgetown, MA 01833
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,476 Ft²
$545,700
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Antique Cape with many recent renovations waiting for the right buyer to make it their own! Get into Georgetown with some newer features at an affordable price point. Equity potential for new owners. Recent updates include 3-bedroom septic system installed in 2018, new construction Harvey LowE windows, wood laminate flooring on 1st fl; new carpets on 2nd fl; S/S Samsung fridge and S/S range; Freshly painted interior; and Cedar Impressions vinyl siding across front with vinyl claps on sides & rear. New rubber roof on back dormer. Older workhorse Williamson FHA oil heating system with newer double walled 275 gal Roth storage tank. Lots of sun-filled space with level lot and convenient location.
Unit Size
1,476 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$244
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1948

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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: 4 months ago (MLSPIN #72318195)

Price History

Date / Event Date Event Price
May 19, 2021 Sold
Premium
Sold
Mar 16, 2021 Listed by Keller Williams Realty $439,900
Listed by Keller Williams Realty
Jun 15, 2018 Sold
Premium
Sold
May 1, 2018 Listed by Keller Williams Realty $360,000
Listed by Keller Williams Realty
Oct 31, 2017 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 1
  • 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: 12,000
  • Total Building Area: 1,605
  • Gross Building Area: 2,642
  • Building Area: 1,605
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,605
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • 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:0006D B:00000 L:00074
  • Lot: 74
  • Municipality: GEORGETOWN
  • Latitude: 42.7284
  • Longitude: -70.9946

    Address

  • Full Address: 8 Pentucket Ave
  • Address - House Number: 8
  • Address - Street Name: Pentucket
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C043
  • 4-Digit Zip Code: 1512
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $635,200

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 622,782
  • High Value: 733,321
  • Low Value: 512,242

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $506,100
  • Assessed Land Value: $157,300
  • Assessed Improvements Value: $348,800

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: May 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210519002780
  • Previous Sale Recording Date: Jun 15, 2018
  • Previous Sale Amount: $370,000
  • 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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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: 4 months ago
Data Source: MLS PIN, MLS# 72318195

Frequently Asked Questions

When was property at 8 Pentucket Avenue built and last sold?
The property at 8 Pentucket Avenue was built in 1948 and last sold on May 19, 2021 for $495,000.
How much is this home worth?
The estimated value of the home located at 8 Pentucket Avenue is $453,838.
What are some comparable homes to 8 Pentucket Avenue?
There are currently no comparable homes to 8 Pentucket Avenue.
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