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Norfolk 02035
2 Spruce St
$545,000
● House - Off Market

2 Spruce St

Foxboro, MA 02035
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,444 Ft²
$541,601
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Charming, sunny, well maintained Foxboro Ranch, on over an 1/2 acre lot. This 1400 + SQFT home features  renovated bathrooms, new Granite Countertops in the open kitchen, Central AC, updated Electrical Panel, and a propane gas fireplace. Entertain your friends, and family in the Great Room, with it's Vaulted Ceilings, and a walkout to your Trex deck. Plenty of closet space in both bedrooms.  The large basement is partially finished, with an office space/playroom. The passing Title 5 is in hand, and ready to move right in.
Unit Size
1,444 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$377
Property Type
House
Property Taxes
$464
HOA Dues
-
Year Built
1967

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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 #73129777)

Price History

Date / Event Date Event Price
Sep 13, 2023 Sold
Premium
Sold
Aug 6, 2023 In contract -
In contract
Jul 29, 2023 Relisted $375,000
Relisted
Jul 21, 2023 In contract -
In contract
Jul 10, 2023 Listed by New England Properties $545,000
Listed by New England Properties
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 400
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,783
  • Total Building Area: 1,444
  • Gross Building Area: 3,018
  • Building Area: 1,444
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,444
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOXBORO
  • Land Acres: 0000000638
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Foxborough School District
  • School Tax School District: FOXBORO RGNL
  • Census Tract: 410100

Geography

  • Account Number: 1610004087
  • District: 99
  • Parcel: FOXB M:161 L:016
  • Lot: 16
  • Municipality: FOXBORO
  • Latitude: 42.0372
  • Longitude: -71.2731

    Address

  • Full Address: 2 Spruce St
  • Address - House Number: 2
  • Address - Street Name: Spruce
  • Address - Suffix Type: St
  • State: MA
  • City Name: Foxboro
  • Carrier Code: C009
  • 4-Digit Zip Code: 2729
  • Zip Code: 02035

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $603,100

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 543,607
  • High Value: 643,161
  • Low Value: 444,054

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $446,400
  • Assessed Land Value: $228,200
  • Assessed Improvements Value: $218,200

    Sales

  • Current Sale Contract Date: Sep 13, 2023
  • Current Sale Recording Date: Sep 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 59778
  • Previous Sale Recording Date: Aug 29, 2019
  • Previous Sale Contract Date: Aug 27, 2019
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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 Norfolk

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2622 ft²

Average Home Age

59.7 years

Currently For Sale

1308 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# 73129777

Frequently Asked Questions

When was property at 2 Spruce Street built and last sold?
The property at 2 Spruce Street was built in 1967 and last sold on Sep 13, 2023 for $545,000.
How much is this home worth?
The estimated value of the home located at 2 Spruce Street is $543,750.
What are some comparable homes to 2 Spruce Street?
There are currently no comparable homes to 2 Spruce Street.
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