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Worcester
2 Silver Spruce Dr
$525,000
● House - Off Market

2 Silver Spruce Dr

Grafton, MA 01519
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,525 Ft²
$1,023,287
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

Construction has begun.  Will be ready for late spring/early summer occupancy.  Located on a nearly half acre lot on a cul-de-sac street with homes of greater value.  Fantastic,open floor plan with generous allowances.  Currently being built as a 3 bedroom with 2-story foyer, but can be a 4 bedroom with standard foyer for an additional $8,000.  Two car attached  garage with side entry. Huge basement.  Wonderful location.  Fantastic opportunity to get into Highfields for the low $500's.
Unit Size
2,525 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$208
Property Type
House
Property Taxes
$145
HOA Dues
-
Year Built
2013

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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 #71483789)

Price History

Date / Event Date Event Price
Jul 2, 2013 Sold
Premium
Sold
Feb 17, 2013 Listed by RE/MAX Executive Realty $525,000
Listed by RE/MAX Executive Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 2
  • Basement Area: 1,368
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,295
  • Total Building Area: 2,466
  • Gross Building Area: 4,774
  • Building Area: 2,466
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,466
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000420
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Grafton School District
  • School Tax School District: GRAFTON SD
  • Census Tract: 738202

Zoning

  • Zoning: R4

Geography

  • Account Number: 1100990000002150
  • Parcel: GRAF M:0099 B:0000 L:0215.0
  • Lot: 215.0
  • Municipality: GRAFTON
  • Latitude: 42.1882
  • Longitude: -71.6812

    Address

  • Full Address: 2 Silver Spruce Dr
  • Address - House Number: 2
  • Address - Street Name: Silver Spruce
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Grafton
  • Carrier Code: R003
  • 4-Digit Zip Code: 1338
  • Zip Code: 01519

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,055,700

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 803,902
  • High Value: 938,158
  • Low Value: 669,645

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $672,000
  • Assessed Land Value: $190,800
  • Assessed Improvements Value: $481,200

    Sales

  • Current Sale Recording Date: Jul 02, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jul 01, 2013
  • Previous Sale Amount: $150,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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# 71483789

Frequently Asked Questions

When was property at 2 Silver Spruce Drive built and last sold?
The property at 2 Silver Spruce Drive was built in 2013 and last sold on Jan 1, 1970 for $525,000.
How much is this home worth?
The estimated value of the home located at 2 Silver Spruce Drive is $510,562.
What are some comparable homes to 2 Silver Spruce Drive?
There are currently no comparable homes to 2 Silver Spruce Drive.
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