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Worcester 01562
101 Wilson Ave
$425,000
● House - Off Market

101 Wilson Ave

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,216 Ft²
$593,531
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Incredible water front property on Beautiful Stiles Reservoir. This full recreational lake has so much to offer. You will feel like you are on vacation every day!  When you enter from the front you have a cathedral ceiling foyer, 3 bedrooms & 2 baths one has an amazing Mosaic tiled floor & laundry.  The stair case leads you to the lower level where you will find The Living room with spectacular views of the Lake.  Cozy up to the Fireplace for changing seasons on the Lake.  This is a great room for family & friends to gather for the Holidays.  There is a kitchen & dining room, bedroom w/ a full bath also on this level.  New septic installed ! Two parcels combined for total acreage. This is a Great Year to Vacation at Home.
Unit Size
2,216 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$225
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1950

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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 years ago (MLSPIN #72668843)

Price History

Date / Event Date Event Price
May 20, 2021 Sold
Premium
Sold
Jun 6, 2020 Listed by RE/MAX Vision $499,000
Listed by RE/MAX Vision

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 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: 5,445
  • Total Building Area: 2,216
  • Gross Building Area: 3,476
  • Building Area: 2,216
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 2,216
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000125
  • 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:00U28 B:00022 L:00000
  • Block: 22
  • Municipality: SPENCER
  • Latitude: 42.2042
  • Longitude: -71.9492

    Address

  • Full Address: 101 Wilson Ave
  • Address - House Number: 101
  • Address - Street Name: Wilson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Spencer
  • Carrier Code: R002
  • 4-Digit Zip Code: 2865
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $565,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 553,593
  • High Value: 647,293
  • Low Value: 459,892

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $494,400
  • Assessed Land Value: $119,000
  • Assessed Improvements Value: $375,400

    Sales

  • Current Sale Contract Date: May 20, 2021
  • Current Sale Recording Date: May 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 69934
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:

$499,999

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2392 ft²

Average Home Age

64.7 years

Currently For Sale

2074 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72668843

Frequently Asked Questions

When was property at 101 Wilson Avenue built and last sold?
The property at 101 Wilson Avenue was built in 1950 and last sold on May 20, 2021 for $425,000.
How much is this home worth?
The estimated value of the home located at 101 Wilson Avenue is $0.
What are some comparable homes to 101 Wilson Avenue?
There are currently no comparable homes to 101 Wilson Avenue.
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