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Worcester 01562
11 Pauls Dr
$511,000
● House - Off Market

11 Pauls Dr

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$492,791
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Beautiful oversized 3 bedroom/2 bath split level ranch in a wonderful neighborhood! The main level offers an open floor plan with a large fully applianced kitchen, a center island and granite counter tops, a dining area with access to the back deck, an oversized living room, hardwood flooring and a vaulted ceiling! Good sized main bedroom with a walk-in closet and private bathroom plus 2 more nice sized bedrooms & another full bathroom! Huge finished bonus room and laundry in the lower level. 2 car garage under, paved driveway & nice landscaping! This impeccable home sits on a 1.04 acre gorgeous lot with plenty of privacy!! HIGHEST AND BEST OFFERS DUE BY FRIDAY 4/28 AT NOON
Unit Size
2,000 Ft²
Days on Market
-
Land Size
1.04 acres
Price per sqft
$245
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
2007

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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 #73102408)

Price History

Date / Event Date Event Price
May 30, 2023 Sold
Premium
Sold
Apr 29, 2023 In contract -
In contract
Apr 24, 2023 Listed by EXIT Real Estate Executives $489,000
Listed by EXIT Real Estate Executives
May 31, 2017 Sold
Premium
Sold
Apr 28, 2017 Listed by EXIT Real Estate Executives $294,900
Listed by EXIT Real Estate Executives
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • 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: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 45,436
  • Total Building Area: 1,486
  • Gross Building Area: 3,142
  • Building Area: 1,486
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,486
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001043
  • 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:00R32 B:00006 L:00008
  • Block: 6
  • Lot: 8
  • Municipality: SPENCER
  • Latitude: 42.2556
  • Longitude: -72.018

    Address

  • Full Address: 11 Pauls Dr
  • Address - House Number: 11
  • Address - Street Name: Pauls
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Spencer
  • Carrier Code: R003
  • 4-Digit Zip Code: 1346
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $548,100

    Appraisal Valuation

  • Standard Deviation: 0.1846
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 482,750
  • High Value: 571,901
  • Low Value: 393,599

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $479,100
  • Assessed Land Value: $54,500
  • Assessed Improvements Value: $424,600

    Sales

  • Current Sale Contract Date: May 30, 2023
  • Current Sale Recording Date: May 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41495
  • Previous Sale Recording Date: May 31, 2017
  • Previous Sale Amount: $289,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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 months ago
Data Source: MLS PIN, MLS# 73102408

Frequently Asked Questions

When was property at 11 Paul's Drive built and last sold?
The property at 11 Paul's Drive was built in 2007 and last sold on May 30, 2023 for $511,000.
How much is this home worth?
The estimated value of the home located at 11 Paul's Drive is $492,230.
What are some comparable homes to 11 Paul's Drive?
There are currently no comparable homes to 11 Paul's Drive.
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