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Marlborough 01752
83 Spring St
$630,000
● House - Off Market

83 Spring St

Marlborough, MA 01752
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,666 Ft²
$3,486
Est. Monthly

About This Property

Step into modern luxury with this meticulously renovated 4-bedroom gem located at 83 Spring St, Marlborough. This home boasts a brand new kitchen featuring stunning quartz countertops, gleaming hardwood floors, and beautiful bathroom tiles that create a spa-like ambiance. With new electrical, plumbing, siding, roof, and driveway, every inch of this property has been thoughtfully updated for your comfort and peace of mind. Ready for its new owners, this move-in-ready residence is the perfect blend of contemporary elegance and timeless charm. Don't miss the opportunity to make this dream home yours!
Unit Size
1,666 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$396
Property Type
House
Property Taxes
$244
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 #73245486)

Price History

Date / Event Date Event Price
Aug 22, 2024 Sold
Premium
Sold
Jul 17, 2024 In contract -
In contract
Jul 4, 2024 Price Decreased $660,000
↓ $15K (2.2%)
Price Decreased
Jun 19, 2024 Price Increased $675,000
↑ $15K (2.3%)
Price Increased
May 31, 2024 Listed by Winder Realty, LLC $660,000
Listed by Winder Realty, LLC
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 540
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,320
  • Total Building Area: 1,233
  • Gross Building Area: 2,081
  • Building Area: 1,233
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,233
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000099
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marlborough School District
  • School Tax School District: MARLBOROUGH SD
  • Census Tract: 321500

Geography

  • Account Number: 653724
  • Parcel: MARL M:055 B:083 L:000
  • Block: 83
  • Municipality: MARLBOROUGH
  • Latitude: 42.349
  • Longitude: -71.5667

    Address

  • Full Address: 83 Spring St
  • Address - House Number: 83
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marlborough
  • Carrier Code: C031
  • 4-Digit Zip Code: 4530
  • Zip Code: 01752

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $293,300

    Appraisal Valuation

  • Standard Deviation: 0.1911
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 349,348
  • High Value: 416,141
  • Low Value: 282,555

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $286,400
  • Assessed Land Value: $144,900
  • Assessed Improvements Value: $141,500

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Oct 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112532
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 Marlborough

Stats & Trends

Median Asking:

$580,000

Sale Price/ft²

$312

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2338 ft²

Average Home Age

69.5 years

Currently For Sale

59 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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73245486

Frequently Asked Questions

When was property at 83 Spring Street built and last sold?
The property at 83 Spring Street was built in 1920 and last sold on Sep 28, 2023 for $220,000.
How much is this home worth?
The estimated value of the home located at 83 Spring Street is $648,962.
What are some comparable homes to 83 Spring Street?
There are currently no comparable homes to 83 Spring Street.
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