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Worcester 01562
130 Paxton Rd
Photo of 130 Paxton Rd
Sold on Jan 30, 2026

15

Map

Photo of 130 Paxton Rd
Photo of 130 Paxton Rd
$159,000
● Land - Off Market

130 Paxton Rd

Spencer, MA 01562
bedrooms
Studio
bathrooms
0 Bath
$995
Est. Monthly
12.64%
Cap Rate

About This Property

Perc test just completed and we are now accepting offers. High interest in this rare 1 acre waterfront lot on Sugden Reservoir. House placement is limited but there would be an expansive view of the lake from your back deck.  Great perc just completed.  Waiting for documentation. Sugden Reservoir is a fully recreational lake with a voluntary lake association.  One of the cleanest lakes in the state.  Mostly cleared. Join the parade of pontoon boats on Sugden Reservoir.
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$159
HOA Dues
-
Year Built
1980

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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: 9 months ago (MLSPIN #73306876)

Price History

Date / Event Date Event Price
Jan 30, 2026 Sold
Premium
Sold
Apr 4, 2025 In contract -
In contract
Dec 21, 2024 Price Increased $169,999
↑ $99 (0.1%)
Price Increased
Oct 28, 2024 Listed by Maria Gruber Hopkins Associates $169,900
Listed by Maria Gruber Hopkins Associates

Property Highlights

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • 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: 43,560
  • Total Building Area: 196
  • Gross Building Area: 196
  • Building Area: 196
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 196
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000001000
  • Standard Land Use Code: 8016
  • County Land Use Code: 106

Neighborhood

  • School District Name: Spencer-East Brookfield School District
  • School Tax School District: SPENCR-E BRKFLD
  • Census Tract: 726200

Geography

  • Parcel: SPEN M:00U33 B:00040 L:00000
  • Block: 40
  • Municipality: SPENCER
  • Latitude: 42.2731
  • Longitude: -71.9732

    Address

  • Full Address: 130 Paxton Rd
  • Address - House Number: 130
  • Address - Street Name: Paxton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $191,200
  • Initial Tax Delinquent Year: 2023

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $167,100
  • Assessed Land Value: $166,700
  • Assessed Improvements Value: $400
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

2386 ft²

Average Home Age

63.5 years

Currently For Sale

2100 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: 9 months ago
Data Source: MLS PIN, MLS# 73306876

Frequently Asked Questions

When was property at 130 Paxton Road built and last sold?
The property at 130 Paxton Road was built in 1980 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 130 Paxton Road is $171,699.
What are some comparable homes to 130 Paxton Road?
There are currently no comparable homes to 130 Paxton Road.
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