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Winchendon 01475
303 Spring St.
$266,000
● House - Off Market

303 Spring St.

Winchendon, MA 01475
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,109 Ft²
$1,579
Est. Monthly

About This Property

Don't miss your opportunity to make this home your own! So much potential- Affordable and move in ready. Great layout. First floor features good size kitchen, full updated bathroom with a large, tiled shower. Great size dining room which opens up nicely to the living room. Wood stove in living room will remain for buyers' enjoyment. The primary bedroom with large walk-in closet will not disappoint. Another two bonus rooms will complete the first floor, can be used as an additional bedroom, office or mudrooms. The two bedrooms upstairs are tandem. The yard features three yards, one fully fenced area, one open to the private backyard and an additional large side yard. Two fire pits. Two sheds. Great commuter location close to the highway and major routes. This is a great chance to build some major equity!
Unit Size
1,109 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$234
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1907

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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 #73217060)

Price History

Date / Event Date Event Price
May 21, 2024 Sold
Premium
Sold
Mar 27, 2024 Listed by RE/MAX Generations $259,000
Listed by RE/MAX Generations
Nov 21, 2023 Sold
Premium
Sold
Oct 20, 2023 In contract -
In contract
Aug 11, 2023 Listed by RE/MAX Generations $225,000
Listed by RE/MAX Generations
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 914
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 1,109
  • Gross Building Area: 2,416
  • Building Area: 1,109
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,109
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winchendon School District
  • School Tax School District: WINCHENDON SD
  • Census Tract: 701102

Zoning

  • Zoning: R4

Geography

  • District: 343
  • Parcel: WINC M:5C4 B:0 L:12
  • Lot: 12
  • Municipality: WINCHENDON
  • Latitude: 42.6786
  • Longitude: -72.0377

    Address

  • Full Address: 303 Spring St
  • Address - House Number: 303
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Winchendon
  • Carrier Code: C004
  • 4-Digit Zip Code: 1772
  • Zip Code: 01475

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $368,000

    Appraisal Valuation

  • Standard Deviation: 0.2109
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 71
  • Final Value: 291,490
  • High Value: 352,980
  • Low Value: 230,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $293,500
  • Assessed Land Value: $32,300
  • Assessed Improvements Value: $261,200

    Sales

  • Current Sale Contract Date: Nov 21, 2023
  • Current Sale Recording Date: Nov 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 97775
  • Previous Sale Recording Date: Jul 27, 2015
  • Previous Sale Amount: $124,900
  • 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 Winchendon

Stats & Trends

Median Asking:

$359,000

Sale Price/ft²

$184

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2675 ft²

Average Home Age

150.1 years

Currently For Sale

10 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: 4 months ago
Data Source: MLS PIN, MLS# 73217060

Frequently Asked Questions

When was property at 303 Spring Street built and last sold?
The property at 303 Spring Street was built in 1907 and last sold on Nov 21, 2023 for $227,000.
How much is this home worth?
The estimated value of the home located at 303 Spring Street is $259,490.
What are some comparable homes to 303 Spring Street?
There are currently no comparable homes to 303 Spring Street.
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