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14 Days on market
48 East Street Georgetown — Photo 1 of 42

48 East Street Georgetown — Photo 1 of 42

$709,000

Investment Analysis — 48 East Street

Georgetown, MA 01833

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01833 carries an estimated $3,600/mo in gross rent — about a 2.94% cap rate and $20,820/yr in estimated NOI at the $709,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

3,893

Style

Single Family

Built

1931

You want space – inside and out. You want to be away from the hustle and bustle but close to every convenience: major commuter routes, schools, dining, and shopping. You want separate spaces for guests or in-laws and the option to work from home. You want to move in and unpack but be able to unleash your inner designer. You “want” this sprawling custom Georgetown home on 1+ acres abutting land owned by the Commonwealth of MA and with over 3,500 sf of living space, 3+ bedrooms and 2.5 bathrooms set back from the road and sheltered by lush, mature trees (for extra privacy). Hardwood flooring, huge windows and a freshly painted interior are everywhere including a huge addition with a kitchenette, pantry closet, bathroom with a walk-in shower, and a delightful spiral staircase to a sleeping loft. Bright and airy, a more than generous living room on the main floor is ready for celebrations large and small, while an adjacent oversized half bath is also near the roomy kitchen and casual dining area with large skylights and access to a spacious screened porch and deck. Laundry facilities, a more formal dining area and family room with a wonderful fireplace, built-ins and office nook are also on this level. Sliders open to the deck. Upstairs built-in cabinets line the hallway leading to 3 bedrooms including a grand-sized primary with 2 large closets and sitting area. The full bathroom and walk-up attic on this level are ready for your ideas. For added convenience, the potential in-law/guest space and the 2-car garage have direct access to the house. Bonus! The exterior boasts a 28'28' concrete slab behind the garage previously for a barn/workshop and suitable for a greenhouse and outdoor entertaining!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 3,893 sq ft principal dwelling). Lot size: 48,276 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

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Property Details

Financials

Original Price$709,000
Annual Taxes$12,012

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms10
Fireplaces1
FlooringFlooring - Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Wood
BasementUnfinished

Climate & Utilities

HeatingOil
CoolingNone
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Stone
ZoningRC

Property & Lot

Acres1.11
SqFt Lot48,276
Lot FeaturesOther

Amenities & Appliances

Range • Refrigerator

Neighborhood

Shopping • Highway Access • House of Worship • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 3
First
KitchenBathroom 1Bathroom 2
Main,First
Living RoomDining RoomFamily Room
Living Room
Lvl Main,First

19.583333333 x 14.833333333

Flooring - Hardwood

Dining Room
Lvl Main,First

12.333333333 x 10.833333333

Flooring - Hardwood

Kitchen
Lvl First

18.166666666 x 15.583333333

Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Exterior Access

Family Room
Lvl Main,First

30 x 13.833333333

Flooring - Hardwood

Primary Bedroom
Lvl Second

19.583333333 x 13.833333333

Flooring - Hardwood, Closet - Double

Bedroom 2
Lvl Second

12.333333333 x 11.583333333

Bedroom 3
Lvl Second

10.166666666 x 9.166666666

Flooring - Wood, Attic Access

Bathroom 1
Lvl First

11.916666666 x 5.5

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

7.25 x 5.666666666

Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

7.166666666 x 4.75

Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Andrea O'Reilly

Listing Office: Keller Williams Realty Evolution

MLS® Number: 73581946