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Essex
9 Spofford Avenue
$356,000
● House - Off Market

9 Spofford Avenue

Georgetown, MA 01833
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,546 Ft²
$555,042
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Handsome, very solid, Four Square ready to be restored to it's former beauty. Owned by the same family for over fifty years.  Home has had new roof, septic system, heating system, windows and vinyl siding within the past 15 years.  Pentucket  Pond beach and park near-by, as well as town center,  Showings start on Sat, April 9 with open house Saturday from 2:00 -3:30 pm and Sunday, April 10 from 12-2.
Unit Size
1,546 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$210
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
1910

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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 #71983885)

Price History

Date / Event Date Event Price
Mar 4, 2021 Sold
Premium
Sold
May 20, 2016 Sold
Premium
Sold
Apr 5, 2016 Listed by Coldwell Banker Residential Brokerage - Topsfield $325,000
Listed by Coldwell Banker Residential Brokerage - Topsfield

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • 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: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • 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: 2,149
  • Gross Building Area: 3,380
  • Building Area: 2,149
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,149
  • 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:00035
  • Lot: 35
  • Municipality: GEORGETOWN
  • Latitude: 42.7307
  • Longitude: -70.9959

    Address

  • Full Address: 9 Spofford Ave
  • Address - House Number: 9
  • Address - Street Name: Spofford
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Georgetown
  • Carrier Code: C043
  • 4-Digit Zip Code: 1520
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $602,300

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 641,461
  • High Value: 755,316
  • Low Value: 527,606

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $479,900
  • Assessed Land Value: $157,300
  • Assessed Improvements Value: $322,600

    Sales

  • Current Sale Contract Date: Mar 04, 2021
  • Current Sale Recording Date: Mar 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210304002960
  • Previous Sale Recording Date: May 20, 2016
  • Previous Sale Amount: $356,000
  • 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

$5,000 /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# 71983885

Frequently Asked Questions

When was property at 9 Spofford Avenue built and last sold?
The property at 9 Spofford Avenue was built in 1910 and last sold on Mar 4, 2021 for $462,000.
How much is this home worth?
The estimated value of the home located at 9 Spofford Avenue is $346,216.
What are some comparable homes to 9 Spofford Avenue?
There are currently no comparable homes to 9 Spofford Avenue.
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