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Marlborough 01752
15 Spring Lane
Photo of 15 Spring Lane
Sold on Aug 11, 2008

1

Map

$347,500
● House - Off Market

15 Spring Lane

Marlborough, MA 01752
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,200 Ft²
$690,378
RealtyHop Estimate
91.88%
Since Sep 1, 2008
National-US
Primary Model

About This Property

PANORAMIC WATER VIEWS w/Beach&Boating rights!** LIKE NEW CONTEMPORARY STYLE RANCH offers vacation style living! Lovely Open flr.plan w/BAMBOO Flrs.,GRANITE & White Cab. Kitch.w/Ctr.Island&Brkfst.Bar, Brushed Nickel Fixtures, Pendant & Rec.Lts., Stnless.Steel Appl.(Incl.Dble Door Refrig,Microwave,Gas Range,Dishw). Fabulous FAM.RM.w/Trayed Ceil.&GRANITE FP! FRENCH Drs.to EXPANSIVE DECK. KING MBR w/Tiled JETSPRAY Tub/Shwr,Dble.Van.w/Marble Style top! FIN.BSMT.W-1/2 BTH! SEE DISCL-More UPDATES.
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$164
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1951

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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 #70732605)

Price History

Date / Event Date Event Price
Nov 22, 2021 Sold
Premium
Sold
Jul 6, 2021 Listed $499,900
Listed
Aug 11, 2008 Sold
Premium
Sold
Mar 26, 2008 Listed $359,800
Listed
Aug 28, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,404
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,614
  • Gross Building Area: 3,716
  • Building Area: 1,614
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,614
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marlborough School District
  • School Tax School District: MARLBOROUGH SD
  • Census Tract: 321600

Geography

  • Account Number: 234236
  • Parcel: MARL M:007 B:037 L:000
  • Block: 37
  • Municipality: MARLBOROUGH
  • Latitude: 42.3712
  • Longitude: -71.534

    Address

  • Full Address: 15 Spring Ln
  • Address - House Number: 15
  • Address - Street Name: Spring
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Marlborough
  • Carrier Code: C030
  • 4-Digit Zip Code: 1325
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $550,100

    Appraisal Valuation

  • Standard Deviation: 0.1588
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 610,446
  • High Value: 707,396
  • Low Value: 513,496

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $537,200
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $387,200

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 254602
  • Previous Sale Recording Date: Aug 11, 2008
  • Previous Sale Amount: $347,500
  • 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 Marlborough

Stats & Trends

Median Asking:

$579,900

Sale Price/ft²

$311

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2488 ft²

Average Home Age

67.6 years

Currently For Sale

57 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# 70732605

Frequently Asked Questions

When was property at 15 Spring Lane built and last sold?
The property at 15 Spring Lane was built in 1951 and last sold on Nov 22, 2021 for $505,000.
How much is this home worth?
The estimated value of the home located at 15 Spring Lane is $513,528.
What are some comparable homes to 15 Spring Lane?
There are currently no comparable homes to 15 Spring Lane.
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