501 Spring St
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Listed | $575,000 | |
| Listed | |||
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Welcome to 501 Spring Street in Hanson, MA! This charming and thoughtfully designed home sits on a stunning retreat lot, perfect for anyone dreaming of a garden or even raising a few chickens amid the towering pines. Step inside to find a beautifully renovated kitchen with sleek stainless steel appliances, dining area and gorgeous hardwood floors that flow throughout the house. Relax or entertain in the spacious living area flooded with light. With 1,560 square feet of nicely laid out living space, this home offers three bedrooms and an updated bathroom on the second floor - all lovingly maintained. Need more space? The basement offers great storage or potential for future projects and a finished bonus room. Outside, enjoy your own private oasis with a large deck for outdoor gatherings. 501 Spring Street is where comfort meets convenience, offering a laid-back lifestyle in a warm, welcoming setting conveniently close to Rte 53 and every amenity the South Shore has to offer.
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| Jun 7, 2016 | Sold | ||
| Sold | |||
| Mar 31, 2016 | Listed by Keller Williams Realty Signature Properties | $325,000 | |
| Listed by Keller Williams Realty Signature Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017