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Middlesex 01748
3 Spring Ln
$350,000
● House - Off Market

3 Spring Ln

Hopkinton, MA 01748
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,106 Ft²
$761,915
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

Move in Ready Ranch located on a dead end street walking distance to Lake Whitehall State Park.  Enjoy boating and fabulous walking trails close to home.  Level lot with room to play.  **Recently updated.**  This year: New Heating system and A/C, 100 amp Electrical panel, chimney re-pointed, security system, appliances, baths refinished, Hardwood floors refinished.  Roof is recent.   +++ Finished lower level family/room+++
Unit Size
2,106 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$169
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1963

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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: 5 months ago (MLSPIN #71384341)

Price History

Date / Event Date Event Price
Jul 12, 2012 Sold
Premium
Sold
May 17, 2012 Listed by Distinctive Homes & Real Investment $354,900
Listed by Distinctive Homes & Real Investment
Jun 15, 2011 Sold
Premium
Sold
Apr 25, 2011 Listed by Distinctive Homes & Real Investment $314,900
Listed by Distinctive Homes & Real Investment

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,212
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,008
  • Total Building Area: 1,500
  • Gross Building Area: 3,344
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000413
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hopkinton School District
  • School Tax School District: HOPKINTON SD
  • Census Tract: 320102

Geography

  • Parcel: HOPK M:00U4 B:0025 L:0
  • Block: 25
  • Municipality: HOPKINTON
  • Latitude: 42.2412
  • Longitude: -71.5793

    Address

  • Full Address: 3 Spring Ln
  • Address - House Number: 3
  • Address - Street Name: Spring
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Hopkinton
  • Carrier Code: R006
  • 4-Digit Zip Code: 1528
  • Zip Code: 01748

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $723,200

    Appraisal Valuation

  • Standard Deviation: 0.1699
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 644,512
  • High Value: 754,016
  • Low Value: 535,007

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $495,000
  • Assessed Land Value: $249,400
  • Assessed Improvements Value: $245,600

    Sales

  • Current Sale Recording Date: Jul 12, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000014
  • Previous Sale Recording Date: Jun 15, 2011
  • Previous Sale Amount: $340,000
  • 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 Middlesex

Stats & Trends

Median Asking:

$819,900

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2710 ft²

Average Home Age

65.2 years

Currently For Sale

3198 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71384341

Frequently Asked Questions

When was property at 3 Spring Lane built and last sold?
The property at 3 Spring Lane was built in 1963 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 3 Spring Lane is $389,685.
What are some comparable homes to 3 Spring Lane?
There are currently no comparable homes to 3 Spring Lane.
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