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Middlesex 01748
1 Spring Ln
$649,900
● House - Off Market

1 Spring Ln

Hopkinton, MA 01748
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,000 Ft²
$3,708
Est. Monthly

About This Property

Wonderfully maintained ranch on cul-de-sac. located steps from Lake Whitehall. [600-acre lake with six miles of trails]. Cherry kitchen with granite countertops. Baths with tile floors and vanities with marble top. Recently refinished hardwood floors throughout. New interior solid core Masonite doors.  Anderson replacement windows. Office/family room with separate entrance Cherry floors recessed lights and with access to trek deck. Finished basement with tile floor and recessed lighting.  Great starter home or downsize home with easy one floor living! Roof 2013 water Heater 2017.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$325
Property Type
House
Property Taxes
$517
HOA Dues
-
Year Built
1964

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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: 5 months ago (MLSPIN #73166817)

Price History

Date / Event Date Event Price
Jan 29, 2024 Sold
Premium
Sold
Dec 9, 2023 In contract -
In contract
Nov 30, 2023 Relisted $270,000
Relisted
Nov 16, 2023 In contract -
In contract
Oct 4, 2023 Listed by Casavant Realty Inc $649,900
Listed by Casavant Realty Inc
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • 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: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,134
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,008
  • Total Building Area: 1,404
  • Gross Building Area: 3,133
  • Building Area: 1,404
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,404
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000413
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hopkinton School District
  • School Tax School District: HOPKINTON SD
  • Census Tract: 320102

Zoning

  • Zoning: RA

Geography

  • District: 139
  • Parcel: HOPK M:00U4 B:0026 L:0
  • Block: 26
  • Municipality: HOPKINTON
  • Latitude: 42.2414
  • Longitude: -71.5796

    Address

  • Full Address: 1 Spring Ln
  • Address - House Number: 1
  • Address - Street Name: Spring
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Hopkinton
  • Carrier Code: R006
  • 4-Digit Zip Code: 1528
  • Zip Code: 01748

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $635,100

    Appraisal Valuation

  • Standard Deviation: 0.0773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 645,245
  • High Value: 695,181
  • Low Value: 595,309

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $434,700
  • Assessed Land Value: $249,400
  • Assessed Improvements Value: $185,300

    Sales

  • Current Sale Contract Date: Jan 29, 2024
  • Current Sale Recording Date: Jan 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9361
  • Previous Sale Recording Date: Feb 13, 2019
  • Previous Sale Contract Date: Feb 13, 2019
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: 14

    Financing

  • First Mortgage Financing Type: ADJ
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 Middlesex

Stats & Trends

Median Asking:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2674 ft²

Average Home Age

65.6 years

Currently For Sale

3333 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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73166817

Frequently Asked Questions

When was property at 1 Spring Lane built and last sold?
The property at 1 Spring Lane was built in 1964 and last sold on Jan 29, 2024 for $649,900.
How much is this home worth?
The estimated value of the home located at 1 Spring Lane is $659,164.
What are some comparable homes to 1 Spring Lane?
There are currently no comparable homes to 1 Spring Lane.
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