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Mansfield Center 02048
231 Spring Street
Photo of 231 Spring Street
Sold on Sep 4, 2026

33

Map

Photo of 231 Spring Street
Photo of 231 Spring Street
$485,000
● House - Off Market

231 Spring Street

Mansfield, MA 02048
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,138 Ft²
$2,650
Est. Monthly

About This Property

THREE bedroom Ranch style home in accessible area of Mansfield. MOVE IN CONDITION with Eat in kitchen & stainless steel appliances: gas stove, dishwasher, refrigerator & WD combo. Large living room with picture window and recessed lighting, Recently renovated full bathroom, 3 spacious bedrooms, home office work area, This home sits on a 13,132 sqft lot and is serviced by public water & sewer. Patio area with firepit Garden shed for lawncare. EASY access to downtown Mansfield & train station, shopping and highway access.
Unit Size
1,138 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$395
Property Type
House
Property Taxes
$440
HOA Dues
-
Year Built
1890

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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: 25 days ago (MLSPIN #73553380)

Price History

Date / Event Date Event Price
Sep 4, 2026 Sold
Premium
Sold
Jul 27, 2026 In contract -
In contract
Jul 22, 2026 Listed by Gerry Abbott REALTORS® $449,900
Listed by Gerry Abbott REALTORS®
Dec 15, 2025 Sold
Premium
Sold
Nov 11, 2025 In contract -
In contract
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 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: 24,058
  • Total Building Area: 1,138
  • Gross Building Area: 2,943
  • Building Area: 1,138
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,138
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000552
  • 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: 610100

Geography

  • Account Number: 3302
  • District: 167
  • Parcel: MANS M:026 B:030
  • Block: 30
  • Lot: 30
  • Municipality: MANSFIELD
  • Latitude: 42.0184
  • Longitude: -71.2257

    Address

  • Full Address: 231 Spring St
  • Address - House Number: 231
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Mansfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 2730
  • Zip Code: 02048

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $536,000

    Appraisal Valuation

  • Standard Deviation: 0.0891
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 439,837
  • High Value: 554,518
  • Low Value: 325,156

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $397,000
  • Assessed Land Value: $201,400
  • Assessed Improvements Value: $195,600

    Sales

  • Current Sale Contract Date: Nov 13, 2023
  • Current Sale Recording Date: Nov 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32975
  • Previous Sale Recording Date: Sep 05, 2017
  • Previous Sale Amount: $258,500
  • 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:

$587,500

Sale Price/ft²

$354

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2304 ft²

Average Home Age

61.6 years

Currently For Sale

12 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: 25 days ago
Data Source: MLS PIN, MLS# 73553380

Frequently Asked Questions

When was property at 231 Spring Street built and last sold?
The property at 231 Spring Street was built in 1890 and last sold on Nov 13, 2023 for $402,000.
How much is this home worth?
The estimated value of the home located at 231 Spring Street is $450,881.
What are some comparable homes to 231 Spring Street?
There are currently no comparable homes to 231 Spring Street.
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