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Mansfield Center 02048
15 Spring Street
$293,000
● House - Off Market

15 Spring Street

Mansfield, MA 02048
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,572 Ft²
$475,247
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Are you looking to be in Mansfield? Great school system, vibrant downtown, walk to the train and easy highway access? Then you have to come see this adorable 2 bedroom 1.5 bathroom cape that could use some updates but has tons of potential. Enjoy a morning cup of coffee on your back patio. Take a short walk downtown or a longer one on the bike path. This house offers hardwood floors, hand carved moldings and built-ins, new roof (architectural tiles) on main house (2007), furnace (2005), hot water tank (2010), a 200 amp electrical panel (2016) and one car garage.    House being sold in "AS IS" condition.
Unit Size
1,572 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$191
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1900

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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 #72225848)

Price History

Date / Event Date Event Price
Jun 30, 2023 Sold
Premium
Sold
Dec 13, 2017 Sold
Premium
Sold
Sep 8, 2017 Listed by Gerry Abbott REALTORS® $299,999
Listed by Gerry Abbott REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,348
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,362
  • Total Building Area: 1,572
  • Gross Building Area: 2,928
  • Building Area: 1,572
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,572
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000238
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mansfield School District
  • School Tax School District: MANSFIELD SD
  • Census Tract: 610203

Geography

  • Account Number: 3384
  • District: 167
  • Parcel: MANS M:027 B:019
  • Block: 19
  • Lot: 19
  • Municipality: MANSFIELD
  • Latitude: 42.0192
  • Longitude: -71.215

    Address

  • Full Address: 15 Spring St
  • Address - House Number: 15
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Mansfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 2728
  • Zip Code: 02048

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $637,100

    Appraisal Valuation

  • Standard Deviation: 0.1602
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 555,244
  • High Value: 673,118
  • Low Value: 437,370

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $471,900
  • Assessed Land Value: $225,200
  • Assessed Improvements Value: $246,700

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18740
  • Previous Sale Recording Date: Dec 13, 2017
  • Previous Sale Amount: $293,000
  • 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 Mansfield Center

Stats & Trends

Median Asking:

$585,000

Sale Price/ft²

$354

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2361 ft²

Average Home Age

67.2 years

Currently For Sale

11 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 55 Walnut St, MA, 02035

$1,835 /mo

  • 1 Bed
  • 1 Bath
55 Walnut St, MA, 02035 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72225848

Frequently Asked Questions

When was property at 15 Spring Street built and last sold?
The property at 15 Spring Street was built in 1900 and last sold on Jun 30, 2023 for $550,000.
How much is this home worth?
The estimated value of the home located at 15 Spring Street is $315,539.
What are some comparable homes to 15 Spring Street?
There are currently no comparable homes to 15 Spring Street.
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