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Worcester 01562
100 Cranberry Meadow Road
$161,000
● House - Off Market

100 Cranberry Meadow Road

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
2 Baths
square feet
22,050 Ft²
$604,130
RealtyHop Estimate
255.58%
Since Feb 1, 1998
National-US
Primary Model

About This Property

WONDERFUL 3 BDRM WATERFRONT ON BEAUTIFUL CRANBERRY LAKE; COMBO L.R./D.R. WITH GLASS ENCLOSED F.P.; 2 FULLBATHS; 2 CAR GARAGE DETACHED; NEW SEPTIC/NEW ROOF; WELL 5 YRS OLD; WON'T BE AROUND LONG AT THE ABOVE PRICE.  CALL ELAINE TO SEE
Unit Size
22,050 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$8
Property Type
House
Property Taxes
$142
HOA Dues
-
Year Built
1955

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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 years ago (MLSPIN #30188404)

Price History

Date / Event Date Event Price
Jan 28, 1998 Sold
Premium
Sold
Oct 6, 1997 Listed by Century 21 Toomey-Lovett $169,900
Listed by Century 21 Toomey-Lovett
Apr 17, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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
  • 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: 39,517
  • Total Building Area: 1,548
  • Gross Building Area: 3,528
  • Building Area: 1,548
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,548
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000907
  • 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: 726100

Geography

  • Parcel: SPEN M:00U26 B:00012 L:00001
  • Block: 12
  • Lot: 1
  • Municipality: SPENCER
  • Latitude: 42.1921
  • Longitude: -71.9981

    Address

  • Full Address: 100 Cranberry Meadow Rd
  • Address - House Number: 100
  • Address - Street Name: Cranberry Meadow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Carrier Code: R003
  • 4-Digit Zip Code: 3004
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $424,400

    Appraisal Valuation

  • Standard Deviation: 0.1623
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 469,084
  • High Value: 545,264
  • Low Value: 392,905

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $371,000
  • Assessed Land Value: $130,300
  • Assessed Improvements Value: $240,700

    Sales

  • Current Sale Recording Date: Jan 28, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 17, 1992
  • Previous Sale Amount: $144,000
  • 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 Worcester

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2385 ft²

Average Home Age

64.5 years

Currently For Sale

2059 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30188404

Frequently Asked Questions

When was property at 100 Cranberry Meadow Road built and last sold?
The property at 100 Cranberry Meadow Road was built in 1955 and last sold on Jan 1, 1970 for $161,000.
How much is this home worth?
The estimated value of the home located at 100 Cranberry Meadow Road is $0.
What are some comparable homes to 100 Cranberry Meadow Road?
There are currently no comparable homes to 100 Cranberry Meadow Road.
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