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Essex
88 Elm St
Photo of 88 Elm St
Sold on Jan 31, 2007

1

Map

$413,500
● House - Off Market

88 Elm St

Georgetown, MA 01833
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,529 Ft²
$731,940
RealtyHop Estimate
70.26%
Since Feb 1, 2007
National-US
Primary Model

About This Property

This meticulously updated Antique Colonial home offers charming period details including wide pine floors and window seats in both the living room and dining room. An added family room boasts cathedral ceiling and fireplace to keep warm on those chilly nights.   The recently updated kitchen includes a center island and TONS of cabinet space for all your cooking supplies. Rounding out the first floor is an additional room that can be used for a 4th bedroom or home office.
Unit Size
1,529 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$281
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1860

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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 #70489191)

Price History

Date / Event Date Event Price
Jan 31, 2007 Sold
Premium
Sold
Nov 12, 2006 Listed $429,900
Listed
May 7, 2004 Sold
Premium
Sold
Jan 13, 2004 Listed $409,900
Listed
Oct 25, 1996 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 24,394
  • Total Building Area: 1,659
  • Gross Building Area: 2,653
  • Building Area: 1,659
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,659
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLIAM D & JANICE F STEVENS
  • Land Acres: 0000000560
  • 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:00041
  • Lot: 41
  • Municipality: GEORGETOWN
  • Latitude: 42.7138
  • Longitude: -70.988

    Address

  • Full Address: 88 Elm St
  • Address - House Number: 88
  • 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: $690,900

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 695,193
  • High Value: 842,619
  • Low Value: 547,767

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $550,500
  • Assessed Land Value: $199,700
  • Assessed Improvements Value: $350,800

    Sales

  • Current Sale Recording Date: Jan 31, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 07, 2004
  • Previous Sale Amount: $401,000
  • 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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70489191

Frequently Asked Questions

When was property at 88 Elm Street built and last sold?
The property at 88 Elm Street was built in 1860 and last sold on Jan 1, 1970 for $413,500.
How much is this home worth?
The estimated value of the home located at 88 Elm Street is $440,948.
What are some comparable homes to 88 Elm Street?
There are currently no comparable homes to 88 Elm Street.
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