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Worcester 01562
14 Ethier Drive
$135,000
● House - Off Market

14 Ethier Drive

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,388 Ft²
$214,584
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

For a Fix-It Person...First time on the market by the original owners!.This location is fantastic! Beautiful, level lot with deeded beach rights to Cranberry Meadow Lake just a short walk away. Tons of wonderful space for gardens and outdoor fun.  Forced hot air/oil heat. The large basement has all kinds of space for a giant workshop. Lot size is made up of 2 lots. The beach rights are really nice at the end of the road. Launch your canoe or kayak into the lake or great for swimming too. Lots of potential here but this seller is selling the house as is/where is. Title 5 has passed. ...   What you see is what you get!
Unit Size
1,388 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$97
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1930

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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 #72152855)

Price History

Date / Event Date Event Price
Nov 1, 2017 Sold
Premium
Sold
Apr 26, 2017 Listed by ERA Key Realty Services- Spenc $135,000
Listed by ERA Key Realty Services- Spenc

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 8
  • 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: 5,568
  • Total Building Area: 1,410
  • Gross Building Area: 2,944
  • Building Area: 1,410
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,410
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000128
  • 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:00016 L:00000
  • Block: 16
  • Municipality: SPENCER
  • Latitude: 42.1851
  • Longitude: -72.0012

    Address

  • Full Address: 14 Ethier Dr
  • Address - House Number: 14
  • 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: $253,200

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 265,529
  • High Value: 318,116
  • Low Value: 212,942

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $221,300
  • Assessed Land Value: $38,700
  • Assessed Improvements Value: $182,600

    Sales

  • Current Sale Recording Date: Nov 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 121951
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

58

Average Home Size

2400 ft²

Average Home Age

63.5 years

Currently For Sale

2076 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72152855

Frequently Asked Questions

When was property at 14 Ethier Drive built and last sold?
The property at 14 Ethier Drive was built in 1930 and last sold on Jan 1, 1970 for $135,000.
How much is this home worth?
The estimated value of the home located at 14 Ethier Drive is $149,984.
What are some comparable homes to 14 Ethier Drive?
There are currently no comparable homes to 14 Ethier Drive.
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