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Worcester 01562
114 Smithville Rd
$147,000
● House - Off Market

114 Smithville Rd

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
1 Bath
square feet
992 Ft²
$266,065
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Comfortable and well cared-for 3-bedroom ranch, on a nice lot and conveniently located! Recent windows, roof, septic, water heater and carpets, and featuring a living room fireplace with wood stove insert, a sprawling back deck overlooking a level yard, and a private game room for pool, electronics, or hockey or football on the tv (formerly the garage, but can easily be converted back). Storage shed for yard items, a small garden area in front, and 5 or 6 parking spaces to accommodate your guests--don't wait on this one!
Unit Size
992 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$151
Property Type
House
Property Taxes
$145
HOA Dues
-
Year Built
1973

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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 #71847832)

Price History

Date / Event Date Event Price
Dec 4, 2015 Sold
Premium
Sold
May 31, 2015 Listed by George Russell Realty, LLC $149,900
Listed by George Russell Realty, LLC
Dec 1, 2011 Sold
Premium
Sold
Jul 19, 2011 Listed by George Russell Realty, LLC $145,800
Listed by George Russell Realty, LLC

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 30,003
  • Total Building Area: 992
  • Gross Building Area: 2,628
  • Building Area: 992
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 992
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPENCER
  • Land Acres: 0000000689
  • 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:00R30 B:00033 L:00000
  • Block: 33
  • Municipality: SPENCER
  • Latitude: 42.2425
  • Longitude: -72.0233

    Address

  • Full Address: 114 Smithville Rd
  • Address - House Number: 114
  • Address - Street Name: Smithville
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Carrier Code: R003
  • 4-Digit Zip Code: 1315
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $304,600

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 332,266
  • High Value: 387,756
  • Low Value: 276,775

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $266,300
  • Assessed Land Value: $45,600
  • Assessed Improvements Value: $220,700

    Sales

  • Current Sale Recording Date: Dec 04, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 128539
  • Previous Sale Recording Date: Dec 01, 2011
  • Previous Sale Amount: $135,000
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2401 ft²

Average Home Age

63.9 years

Currently For Sale

2061 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71847832

Frequently Asked Questions

When was property at 114 Smithville Road built and last sold?
The property at 114 Smithville Road was built in 1973 and last sold on Jan 1, 1970 for $147,000.
How much is this home worth?
The estimated value of the home located at 114 Smithville Road is $157,770.
What are some comparable homes to 114 Smithville Road?
There are currently no comparable homes to 114 Smithville Road.
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