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Quincy 02169 Houghes Neck
81 Spring Street
$370,000
● House - Off Market

81 Spring Street

Quincy, MA 02169
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$688,618
RealtyHop Estimate
64.35%
Since Jan 1, 2017
MA-Boston
Primary Model

About This Property

Beautiful renovated 2BR/2BA waterfront property w/ mooring directly off Rock Island Cove. Hardwood floors & open living area floor plan. Kitchen has stainless steel appliances including a dual fuel oven, warming drawer and gas cooktop with 5th burner/griddle. 2 new bathrooms: guest bath has freestanding soaking tub and soapstone sink, private master bath has custom shower and soaking tub. Master bedroom with cathedral ceiling looks out on the water & sunsets with private balcony. Owned solar.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$349
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1915

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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: 5 months ago (MLSPIN #72030222)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Sep 10, 2021 Sold
Premium
Sold
Aug 4, 2021 In contract -
In contract
Jul 28, 2021 Listed by www.EntryOnly.com $529,900
Listed by www.EntryOnly.com
Dec 21, 2016 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 3,300
  • Total Building Area: 1,206
  • Gross Building Area: 2,308
  • Building Area: 1,206
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,206
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000076
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quincy School District
  • School Tax School District: QUINCY SD
  • Census Tract: 417801

Zoning

  • Zoning: RESA

Geography

  • Account Number: 103801
  • Parcel: QUIN M:1056 B:32 L:135
  • Block: 32
  • Lot: 135
  • Municipality: QUINCY
  • Latitude: 42.2625
  • Longitude: -70.9571

    Address

  • Full Address: 81 Spring St
  • Address - House Number: 81
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Quincy
  • Carrier Code: C045
  • 4-Digit Zip Code: 3823
  • Zip Code: 02169

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $697,200

    Appraisal Valuation

  • Standard Deviation: 0.1657
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 628,631
  • High Value: 732,805
  • Low Value: 524,457

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $618,600
  • Assessed Land Value: $296,300
  • Assessed Improvements Value: $322,300

    Sales

  • Current Sale Contract Date: Sep 10, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 117724
  • Previous Sale Recording Date: Dec 21, 2016
  • Previous Sale Amount: $370,000
  • 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 Houghes Neck

Stats & Trends

Median Asking:

$749,900

Sale Price/ft²

$464

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1609 ft²

Average Home Age

102.3 years

Currently For Sale

11 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: 5 months ago
Data Source: MLS PIN, MLS# 72030222

Frequently Asked Questions

When was property at 81 Spring Street built and last sold?
The property at 81 Spring Street was built in 1915 and last sold on Sep 10, 2021 for $550,000.
How much is this home worth?
The estimated value of the home located at 81 Spring Street is $533,169.
What are some comparable homes to 81 Spring Street?
There are currently no comparable homes to 81 Spring Street.
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