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Walpole 02081
191 Spring Street
$490,000
● House - Off Market

191 Spring Street

Walpole, MA 02081
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,080 Ft²
$692,168
RealtyHop Estimate
38.46%
Since May 1, 2020
MA-Boston
Primary Model

About This Property

This one owner home was built with skill, talent and creativity!  4 bedroom Gambrel Colonial is bursting with all the charm of yesteryear!  All of the rooms are over-sized and great ceiling height throughout.  Plenty of room for expansion is an added bonus with a walk up attic, full unfinished basement or the large unfinished area above the garage!  The possibilities are endless.  Bay windows in the dining room and the front to back living room.  Large enclosed porch for those warm summer nights.  Many updates include water heater (2019), exterior paint (2016), interior paint (2019), Oil tank (2009) furnace (2008), Pool (2008) shed (2006)  Excellent location on side road but still close to shopping, schools and center of town including convenient commuter rail.
Unit Size
2,080 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$240
Property Type
House
Property Taxes
$584
HOA Dues
-
Year Built
1959

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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 #72628643)

Price History

Date / Event Date Event Price
Apr 23, 2020 Sold
Premium
Sold
Mar 5, 2020 Listed by RE/MAX Real Estate Center $499,900
Listed by RE/MAX Real Estate Center

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,452
  • Total Building Area: 2,080
  • Gross Building Area: 5,992
  • Building Area: 2,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,080
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000401
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411302

Geography

  • Account Number: D121266006
  • District: 307
  • Parcel: WALP M:00033 B:00385 L:00000
  • Block: 385
  • Municipality: WALPOLE
  • Latitude: 42.1378
  • Longitude: -71.2598

    Address

  • Full Address: 191 Spring St
  • Address - House Number: 191
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Walpole
  • Carrier Code: C014
  • 4-Digit Zip Code: 1816
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $749,200

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 746,666
  • High Value: 874,608
  • Low Value: 618,724

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $566,700
  • Assessed Land Value: $267,600
  • Assessed Improvements Value: $299,100

    Sales

  • Current Sale Contract Date: Apr 22, 2020
  • Current Sale Recording Date: Apr 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 36416
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 Walpole

Stats & Trends

Median Asking:

$629,000

Sale Price/ft²

$386

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1662 ft²

Average Home Age

36.9 years

Currently For Sale

30 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72628643

Frequently Asked Questions

When was property at 191 Spring Street built and last sold?
The property at 191 Spring Street was built in 1959 and last sold on Apr 22, 2020 for $490,000.
How much is this home worth?
The estimated value of the home located at 191 Spring Street is $517,939.
What are some comparable homes to 191 Spring Street?
There are currently no comparable homes to 191 Spring Street.
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