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Worcester 01562
13 Pauls Dr
$42,000
● Land - Off Market

13 Pauls Dr

Spencer, MA 01562
bedrooms
Studio
bathrooms
0 Bath
$78,987
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

SPECIAL FINANCING THROUGH THE OWNER WEBSTER FIRST FEDERAL  CREDIT UNION. 10-15% DOWN WITH NO PMI!! Build your dream home in this wonderful neighborhood off Woodside Road. Just on the outskirts of town within 15 minutes to the Mass Pike and Rt 84. In an area of Nice Homes.
Unit Size
-
Days on Market
-
Land Size
2.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
$61
HOA Dues
-
Year Built
2017

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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 #71756114)

Price History

Date / Event Date Event Price
Feb 4, 2016 Sold
Premium
Sold
Oct 12, 2014 Listed by ERA Key Realty Services- Spenc $44,900
Listed by ERA Key Realty Services- Spenc

Property Highlights

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 61,307
  • Total Building Area: 2,106
  • Gross Building Area: 5,428
  • Building Area: 2,106
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,106
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001407
  • 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:00007
  • Block: 6
  • Lot: 7
  • Municipality: SPENCER
  • Latitude: 42.2554
  • Longitude: -72.0186

    Address

  • Full Address: 13 Pauls Dr
  • Address - House Number: 13
  • 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: $786,500

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 649,256
  • High Value: 757,685
  • Low Value: 540,826

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $687,500
  • Assessed Land Value: $56,500
  • Assessed Improvements Value: $631,000

    Sales

  • Current Sale Recording Date: Feb 04, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12343
  • Previous Sale Recording Date: Feb 11, 2004
  • 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

2391 ft²

Average Home Age

64.3 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: 5 years ago
Data Source: MLS PIN, MLS# 71756114

Frequently Asked Questions

When was property at 13 Paul's Drive built and last sold?
The property at 13 Paul's Drive was built in 2017 and last sold on Jan 1, 1970 for $42,000.
How much is this home worth?
The estimated value of the home located at 13 Paul's Drive is $0.
What are some comparable homes to 13 Paul's Drive?
There are currently no comparable homes to 13 Paul's Drive.
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