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Norfolk
56 Spring St
$425,000
● House - Off Market

56 Spring St

Plainville, MA 02762
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
960 Ft²
$367,830
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Welcome Home! This charming home is tucked in a neighborhood but also conveniently located near restaurants & shops with easy access to Route 1 & major highways. First floor features an inviting living room that flows to the large eat-in-kitchen with granite counter tops and S/S appliances. You'll love the 3 season sunroom with floor-to-ceiling windows on all 3 sides making it one of the best rooms to relax in. 2nd floor offers 2 bedrooms and a renovated full bathroom. Head down to the lower level that includes a half bath and separate laundry room.  The basement is partially finished with a bonus room. You don't want to miss out on this one!
Unit Size
960 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$380
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1960

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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: 4 months ago (MLSPIN #73094494)

Price History

Date / Event Date Event Price
May 11, 2023 Sold
Premium
Sold
Apr 11, 2023 In contract -
In contract
Apr 3, 2023 Listed by Keller Williams Elite $365,000
Listed by Keller Williams Elite

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,681
  • Total Building Area: 960
  • Gross Building Area: 2,052
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000245
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: King Philip School District
  • School Tax School District: PLAINVILLE SD
  • Census Tract: 440101

Geography

  • Account Number: 2044
  • Parcel: PLAI M:11B L:74
  • Lot: 74
  • Municipality: PLAINVILLE
  • Latitude: 42.0078
  • Longitude: -71.3362

    Address

  • Full Address: 56 Spring St
  • Address - House Number: 56
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Plainville
  • Carrier Code: C006
  • 4-Digit Zip Code: 1921
  • Zip Code: 02762

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $430,900

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 431,360
  • High Value: 511,687
  • Low Value: 351,033

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $359,100
  • Assessed Land Value: $218,900
  • Assessed Improvements Value: $140,200

    Sales

  • Current Sale Contract Date: May 11, 2023
  • Current Sale Recording Date: May 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 21
  • Current Sale Input Document Number: 28154
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 Norfolk

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$430

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2629 ft²

Average Home Age

59.8 years

Currently For Sale

1318 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# 73094494

Frequently Asked Questions

When was property at 56 Spring Street built and last sold?
The property at 56 Spring Street was built in 1960 and last sold on May 11, 2023 for $425,000.
How much is this home worth?
The estimated value of the home located at 56 Spring Street is $377,255.
What are some comparable homes to 56 Spring Street?
There are currently no comparable homes to 56 Spring Street.
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