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Worcester 01562
12 Ethier Dr
Photo of 12 Ethier Dr
Sold on Apr 29, 2025

42

Map

Photo of 12 Ethier Dr
Photo of 12 Ethier Dr
$377,000
● House - Off Market

12 Ethier Dr

Spencer, MA 01562
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,210 Ft²
$2,175
Est. Monthly
5.35%
Cap Rate

About This Property

This home is on a dead end street with access to Cranberry Lake at the end of the road. Main floor has a good size kitchen with a slider to the oversized two-tier deck that leads to the level backyard with an above ground pool and double door shed. The living room and much of the main floor has tongue and groove pine. Some hardwood floors and good size main bathroom off the hall. Head downstairs to the partially finished lower level with two additional rooms with closets. On the other side it the utilities, laundry and plenty of space for storage. Plenty of space. Don't Miss Out!
Unit Size
1,210 Ft²
Days on Market
-
Land Size
0.87 acres
Price per sqft
$318
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1978

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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: 2 years ago (MLSPIN #73341151)

Price History

Date / Event Date Event Price
Apr 29, 2025 Sold
Premium
Sold
Mar 18, 2025 In contract -
In contract
Mar 4, 2025 Listed $384,900
Listed

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 38,000
  • Total Building Area: 906
  • Gross Building Area: 2,026
  • Building Area: 906
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 906
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000872
  • 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:00U25 B:00017 L:00000
  • Block: 17
  • Municipality: SPENCER
  • Latitude: 42.1854
  • Longitude: -72.0004

    Address

  • Full Address: 12 Ethier Dr
  • Address - House Number: 12
  • Address - Street Name: Ethier
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Spencer
  • Carrier Code: R003
  • 4-Digit Zip Code: 3006
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $316,700

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 84
  • Final Value: 345,763
  • High Value: 391,578
  • Low Value: 299,948

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $276,800
  • Assessed Land Value: $52,800
  • Assessed Improvements Value: $224,000
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

63.3 years

Currently For Sale

1983 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: 2 years ago
Data Source: MLS PIN, MLS# 73341151

Frequently Asked Questions

When was property at 12 Ethier Drive built and last sold?
The property at 12 Ethier Drive was built in 1978 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 12 Ethier Drive is $387,224.
What are some comparable homes to 12 Ethier Drive?
There are currently no comparable homes to 12 Ethier Drive.
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