Active
494 Days on market
231 West Main St Georgetown — Photo 1 of 29

231 West Main St Georgetown — Photo 1 of 29

Recent Drop: $-39,000

$500,000
$539,000

$539,000

Investment Analysis — 231 West Main St

Georgetown, MA 01833

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01833 carries an estimated $3,970/mo in gross rent — about a 5.57% cap rate and $30,028/yr in estimated NOI at the $539,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

1.5

SqFt

2,080

Style

Single Family

Built

1900

CASH OR REHAB ONLY BUYERS! Preapproval/POF must be shown prior to viewing. Large 4BR home features all wood floors, fenced yard, and 2 sheds. Property is suitable for a contractor or an end user. Title V failed. Septic to be installed by the buyer. New approved 4BR septic design will be provided upon transfer. This property is sold as is, where is. Sale may be subject to third party approval. Brokers see remarks.

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 2,080 sq ft principal dwelling). Lot size: 16,400 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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$599,000
Annual Taxes$6,178

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms7
FireplacesNone
FlooringWood, Flooring - Wood
BasementFull, Unfinished

Climate & Utilities

HeatingForced Air, Oil
CoolingNone
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
Zoningres

Property & Lot

Acres0.38
SqFt Lot16,400
Lot FeaturesCorner Lot

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Pool • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bedroom 4Bathroom 1
First
Living RoomKitchenPrimary BedroomBathroom 2
Living Room
Lvl First

12 x 18

Flooring - Wood

Kitchen
Lvl First

14 x 14

Flooring - Wood

Primary Bedroom
Lvl First

13 x 16

Flooring - Wood

Bedroom 2
Lvl Second

13 x 18

Bedroom 3
Lvl Second

13 x 12

Flooring - Wood

Bedroom 4
Lvl Second

12 x 8

Flooring - Wood

Bathroom 1
Lvl Second

Bathroom - Full, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

Bathroom - Half

Property History

Price Drop
$539,000

Was $550,000

Mar 18, 2026

MLS® 73370699

Price Increase
$550,000

Was $500,000

Feb 19, 2026

MLS® 73370699

Listed
$599,000

May 7, 2025

MLS® 73370699

Listing Provided By

Listing Agent: Kelly Anne Martinson

Listing Office: Churchill Properties

MLS® Number: 73370699