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Medfield 02052
42 Spring St
$850,000
● House - Off Market

42 Spring St

Medfield, MA 02052
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,789 Ft²
$4,656
Est. Monthly

About This Property

Don't miss this amazing 4-bedroom, 2-bathroom home that is in walking distance to Medfield Center! The first floor of this home features a large kitchen with stainless steel appliances and quartz countertops, a bonus room that can be used as kid's playroom or office, a full bathroom, a formal dining room that flows directly into the oversized living room. The second floor of the home features 4 large bedrooms, access to an unfinished walk-up attic, and full bathroom. The expansive backyard of this home is fully fenced in so that your dog has plenty of space to roam or for the kids to run around freely, a perfect patio for having a BBQ or doing arts/crafts with the kids, and a 1 car detached garage. Don't miss the opportunity to call this your Next Home.
Unit Size
1,789 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$447
Property Type
House
Property Taxes
$732
HOA Dues
-
Year Built
1920

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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 #73247285)

Price History

Date / Event Date Event Price
Jul 15, 2024 Sold
Premium
Sold
Jun 5, 2024 Listed by NextHome Signature Realty $799,000
Listed by NextHome Signature Realty
Aug 17, 2021 Sold
Premium
Sold
Apr 13, 2021 Listed by NextHome Signature Realty $625,000
Listed by NextHome Signature Realty
Dec 30, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,053
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 9,601
  • Total Building Area: 1,789
  • Gross Building Area: 4,120
  • Building Area: 1,789
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,789
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medfield School District
  • School Tax School District: MEDFIELD SD
  • Census Tract: 406102

Zoning

  • Zoning: RU

Geography

  • Parcel: MEDF M:0037 B:0000 L:0036
  • Lot: 36
  • Municipality: MEDFIELD
  • Latitude: 42.1834
  • Longitude: -71.3064

    Address

  • Full Address: 42 Spring St
  • Address - House Number: 42
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Medfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 2422
  • Zip Code: 02052

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $878,700

    Appraisal Valuation

  • Standard Deviation: 0.1563
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 722,859
  • High Value: 835,898
  • Low Value: 609,821

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $600,200
  • Assessed Land Value: $307,800
  • Assessed Improvements Value: $292,400

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Aug 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 107003
  • Previous Sale Recording Date: Dec 30, 2014
  • Previous Sale Amount: $407,500
  • 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 Medfield

Stats & Trends

Median Asking:

$949,900

Sale Price/ft²

$417

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2054 ft²

Average Home Age

46.4 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# 73247285

Frequently Asked Questions

When was property at 42 Spring Street built and last sold?
The property at 42 Spring Street was built in 1920 and last sold on Aug 13, 2021 for $625,000.
How much is this home worth?
The estimated value of the home located at 42 Spring Street is $781,116.
What are some comparable homes to 42 Spring Street?
There are currently no comparable homes to 42 Spring Street.
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