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Spencer 01562
10 Bemis St
$121,500
● House - Off Market

10 Bemis St

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,170 Ft²
$200,204
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Great project for the winter, not a lot of work to do. Nice level lot with huge yard and oversized deck situated on side of home. Kitchen, living room, bath, and two bedrooms on first floor, Large Master bath and bedroom on second floor. Parley finished cellar with a newer Burdeos furnace.
Unit Size
1,170 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$104
Property Type
House
Property Taxes
$158
HOA Dues
-
Year Built
1938

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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: 5 months ago (MLSPIN #72095418)

Price History

Date / Event Date Event Price
Mar 24, 2017 Sold
Premium
Sold
Nov 21, 2016 Listed by Foster-Healey Real Estate $121,500
Listed by Foster-Healey Real Estate
Oct 27, 2006 Sold
Premium
Sold
Dec 28, 2005 Listed by Foster-Healey Real Estate $204,900
Listed by Foster-Healey Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Total Building Area: 1,638
  • Gross Building Area: 3,168
  • Building Area: 1,638
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,638
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000400
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Spencer-East Brookfield School District
  • School Tax School District: SPENCR-E BRKFLD
  • Census Tract: 726200

Geography

  • Parcel: SPEN M:00U02 B:00024 L:00000
  • Block: 24
  • Municipality: SPENCER
  • Latitude: 42.2371
  • Longitude: -71.991

    Address

  • Full Address: 10 Bemis St
  • Address - House Number: 10
  • Address - Street Name: Bemis
  • Address - Suffix Type: St
  • State: MA
  • City Name: Spencer
  • Carrier Code: C007
  • 4-Digit Zip Code: 2502
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $327,400

    Appraisal Valuation

  • Standard Deviation: 0.2065
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 352,820
  • High Value: 425,680
  • Low Value: 279,960

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $286,200
  • Assessed Land Value: $44,800
  • Assessed Improvements Value: $241,400

    Sales

  • Current Sale Recording Date: Mar 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29553
  • Previous Sale Recording Date: Oct 27, 2006
  • Previous Sale Amount: $196,000
  • Previous Sale Document Type: 27
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 Spencer

Stats & Trends

Median Asking:

$395,000

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2806 ft²

Average Home Age

107.8 years

Currently For Sale

9 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72095418

Frequently Asked Questions

When was property at 10 Bemis Street built and last sold?
The property at 10 Bemis Street was built in 1938 and last sold on Jan 1, 1970 for $121,500.
How much is this home worth?
The estimated value of the home located at 10 Bemis Street is $132,729.
What are some comparable homes to 10 Bemis Street?
There are currently no comparable homes to 10 Bemis Street.
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