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Worcester 01545
308 Spring St
$410,000
● House - Off Market

308 Spring St

Shrewsbury, MA 01545
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
1,848 Ft²
$743,496
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

Absolutely charming New England style cape, tucked away on a beautifully landscaped yard with wooded privacy behind and a lovely built-in pool.   Home is comfortable and cozy with floor to ceiling stone fireplace in the family room, a signature custom touch by renowned builder Ron Peris.  Kitchen is bright and cheerful with granite counters, nice wood cabinets,  oodles of storage space,  large eating area and sliders overlooking a private backyard.  All bedrooms are ample in size and have hardwood floors.   Basement is just waiting to be finished, and already has high ceilings and a very large half bath.  Fabulous, over-sized garage with center I-beam and plenty of storage. Great location,  just moments from Spring Street school, Dean Park, Ski Ward and Wegman's grocery store.  What could be better?
Unit Size
1,848 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$216
Property Type
House
Property Taxes
$436
HOA Dues
-
Year Built
1984

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71641593)

Price History

Date / Event Date Event Price
Jun 27, 2014 Sold
Premium
Sold
Mar 7, 2014 Listed by Keller Williams Realty Westborough $400,000
Listed by Keller Williams Realty Westborough
Mar 31, 2003 Sold
Premium
Sold
Jan 27, 2003 Listed by Keller Williams Realty Westborough $419,000
Listed by Keller Williams Realty Westborough

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,056
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 27,300
  • Total Building Area: 1,837
  • Gross Building Area: 4,488
  • Building Area: 1,837
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,837
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000627
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Shrewsbury School District
  • School Tax School District: SHREWSBURY SD
  • Census Tract: 739402

Zoning

  • Zoning: RUR A

Geography

  • Account Number: 2481
  • Parcel: SHRE M:18 B:012006
  • Block: 12006
  • Municipality: SHREWSBURY
  • Latitude: 42.3045
  • Longitude: -71.6872

    Address

  • Full Address: 308 Spring St
  • Address - House Number: 308
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Shrewsbury
  • Carrier Code: R002
  • 4-Digit Zip Code: 5032
  • Zip Code: 01545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $741,400

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 706,813
  • High Value: 818,900
  • Low Value: 594,725

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $565,100
  • Assessed Land Value: $279,600
  • Assessed Improvements Value: $285,500

    Sales

  • Current Sale Recording Date: Jun 27, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 56213
  • Previous Sale Recording Date: Mar 31, 2003
  • Previous Sale Amount: $419,500
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2390 ft²

Average Home Age

63.8 years

Currently For Sale

2100 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71641593

Frequently Asked Questions

When was property at 308 Spring Street built and last sold?
The property at 308 Spring Street was built in 1984 and last sold on Jan 1, 1970 for $405,500.
How much is this home worth?
The estimated value of the home located at 308 Spring Street is $410,819.
What are some comparable homes to 308 Spring Street?
There are currently no comparable homes to 308 Spring Street.
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