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East Douglas 01516
2 Spring Street
Photo of 2 Spring Street
Sold on Jun 25, 2007

1

Map

$379,000
● House - Off Market

2 Spring Street

Douglas, MA 01516
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,198 Ft²
$658,966
RealtyHop Estimate
71.65%
Since Jul 1, 2007
National-US
Primary Model

About This Property

*REDUCED! BEST BUY IN DOUGLAS! Why wait for new construction! *Absolutely MINT condition home beautiful hardwoods & tile, open kitchen, granite countertops & stainless steel appliances, 4-season sun room, finished basement, beautiful updated bathrooms, bonus room in garage, extra storage above garage and in basement, family room cathedral ceilings ceiling fan & wood stove fireplace * large deck, *first floor laundry *security system *sprinkler system *professionally landscaped = TURN KEY!
Unit Size
2,198 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$175
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1992

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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 #70517488)

Price History

Date / Event Date Event Price
Jun 25, 2007 Sold
Premium
Sold
Jan 29, 2007 Listed $383,900
Listed
Jun 30, 2003 Sold
Premium
Sold
Mar 11, 2003 Listed $339,900
Listed
Sep 10, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,124
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,621
  • Total Building Area: 2,150
  • Gross Building Area: 4,460
  • Building Area: 2,150
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,150
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000473
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Douglas School District
  • School Tax School District: DOUGLAS SD
  • Census Tract: 752101

Zoning

  • Zoning: VR

Geography

  • Account Number: Jan 01, 1970
  • Parcel: DOUG M:0137 B:0000064 L:
  • Block: 64
  • Municipality: DOUGLAS
  • Latitude: 42.0846
  • Longitude: -71.7191

    Address

  • Full Address: 2 Spring St
  • Address - House Number: 2
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Douglas
  • Carrier Code: R005
  • 4-Digit Zip Code: 2033
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $714,400

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 602,819
  • High Value: 695,262
  • Low Value: 510,377

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $528,400
  • Assessed Land Value: $105,100
  • Assessed Improvements Value: $423,300

    Sales

  • Current Sale Recording Date: Jun 25, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00083259
  • Previous Sale Recording Date: Jun 30, 2003
  • Previous Sale Amount: $339,900
  • 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 East Douglas

Stats & Trends

Median Asking:

$549,995

Sale Price/ft²

$295

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2123 ft²

Average Home Age

52.3 years

Currently For Sale

4 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# 70517488

Frequently Asked Questions

When was property at 2 Spring Street built and last sold?
The property at 2 Spring Street was built in 1992 and last sold on Jan 1, 1970 for $379,000.
How much is this home worth?
The estimated value of the home located at 2 Spring Street is $396,574.
What are some comparable homes to 2 Spring Street?
There are currently no comparable homes to 2 Spring Street.
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