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Worcester 01562
12 N Brookfield Rd
Photo of 12 N Brookfield Rd
Sold on Jul 9, 2024

1

Map

$150,000
● House - Off Market

12 N Brookfield Rd

Spencer, MA 01562
bedrooms
4 Beds
bathrooms
2 Baths
square feet
3,480 Ft²
$1,243
Est. Monthly

About This Property

The Barnes-Hill House is a historic house in Spencer, Massachusetts. The house was listed on the National Register of Historic Places in 2016. With some restorations, this home can be close to its original look in no time. Add in the 6.39 Acres and small pond, it's a beautiful place to be! Please note that this home needs a great amount of repairs and is non-financable currently. It requires Cash or Hard Money only to purchase. Buyers are encouraged to do their due diligence before making an offer. Sold as-is.
Unit Size
3,480 Ft²
Days on Market
-
Land Size
6.39 acres
Price per sqft
$52
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
1776

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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: 12 months ago (MLSPIN #73190651)

Price History

Date / Event Date Event Price
Jul 9, 2024 Sold
Premium
Sold
May 16, 2024 Price Decreased $179,900
↓ $20K (10%)
Price Decreased
Apr 22, 2024 Price Increased $199,950
↑ $20K (11.2%)
Price Increased
Apr 14, 2024 Relisted $179,900
Relisted
Mar 5, 2024 In contract -
In contract
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1776
  • Effective Year Built: 1776
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 27
  • Exterior Walls Type: 18
  • 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: 278,236
  • Total Building Area: 3,480
  • Gross Building Area: 6,596
  • Building Area: 3,480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 3,480
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000006387
  • 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:00R39 B:00031 L:00000
  • Block: 31
  • Municipality: SPENCER
  • Latitude: 42.2613
  • Longitude: -72.0139

    Address

  • Full Address: 12 N Brookfield Rd
  • Address - House Number: 12
  • Street Direction: N
  • Address - Street Name: Brookfield
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Carrier Code: R003
  • 4-Digit Zip Code: 1302
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $459,000

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 93
  • Final Value: 274,537
  • High Value: 298,139
  • Low Value: 250,936

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $401,200
  • Assessed Land Value: $73,200
  • Assessed Improvements Value: $328,000

    Sales

  • Current Sale Contract Date: May 02, 2022
  • Current Sale Recording Date: May 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 34
  • Current Sale Input Document Number: 52856
  • Previous Sale Recording Date: Sep 11, 2014
  • Previous Sale Amount: $153,533
  • 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

2387 ft²

Average Home Age

63.7 years

Currently For Sale

2106 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: 12 months ago
Data Source: MLS PIN, MLS# 73190651

Frequently Asked Questions

When was property at 12 North Brookfield Road built and last sold?
The property at 12 North Brookfield Road was built in 1776 and last sold on May 2, 2022 for $203,495.
How much is this home worth?
The estimated value of the home located at 12 North Brookfield Road is $0.
What are some comparable homes to 12 North Brookfield Road?
There are currently no comparable homes to 12 North Brookfield Road.
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