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Middlesex 01469
4 Spruce Street
$376,000
● House - Off Market

4 Spruce Street

Townsend, MA 01469
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,728 Ft²
$336,595
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Timberly Park in Townsend offers the best in style, affordability and desirable location. Whether you are downsizing or new to home ownership this 3 bedroom ranch home is perfect. Located across the street from acres of conservation land. Recent updates included hardwood flooring, newer appliances and fresh paint.  Galley kitchen with space for additional cabinets.  Open floor plan includes the living room with fireplace and dining area.  Three bedrooms and full bath complete the first floor.  Lower level offers a family room and additional space for storage and laundry. Title V Certification. Open House Saturday June 11th from 11:00 to 12:30pm.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$190
Property Type
House
Property Taxes
$371
HOA Dues
-
Year Built
1976

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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 #72995449)

Price History

Date / Event Date Event Price
Aug 1, 2022 Sold
Premium
Sold
Jun 9, 2022 Listed by LAER Realty Partners / Janet Cramb & Company $329,000
Listed by LAER Realty Partners / Janet Cramb & Company
Oct 24, 1980 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 1,680
  • Gross Building Area: 1,940
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Middlesex School District
  • Census Tract: 301102

Zoning

  • Zoning: RA3

Geography

  • District: 299
  • Parcel: TOWN M:053B B:0108 L:0000
  • Block: 108
  • Municipality: TOWNSEND
  • Latitude: 42.6461
  • Longitude: -71.6803

    Address

  • Full Address: 4 Spruce St
  • Address - House Number: 4
  • Address - Street Name: Spruce
  • Address - Suffix Type: St
  • State: MA
  • City Name: Townsend
  • Carrier Code: R002
  • 4-Digit Zip Code: 1315
  • Zip Code: 01469

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $526,400

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 404,023
  • High Value: 481,385
  • Low Value: 326,661

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $365,300
  • Assessed Land Value: $90,600
  • Assessed Improvements Value: $274,700

    Sales

  • Current Sale Contract Date: Jul 29, 2022
  • Current Sale Recording Date: Aug 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 116839
  • Previous Sale Recording Date: Oct 24, 1980
  • Previous Sale Amount: $51,900
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2699 ft²

Average Home Age

64.7 years

Currently For Sale

3156 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: 4 months ago
Data Source: MLS PIN, MLS# 72995449

Frequently Asked Questions

When was property at 4 Spruce Street built and last sold?
The property at 4 Spruce Street was built in 1976 and last sold on Jul 29, 2022 for $376,000.
How much is this home worth?
The estimated value of the home located at 4 Spruce Street is $359,329.
What are some comparable homes to 4 Spruce Street?
There are currently no comparable homes to 4 Spruce Street.
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