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Worcester 01562
14 Lambs Grv
$164,900
● House - Off Market

14 Lambs Grv

Spencer, MA 01562
bedrooms
2 Beds
bathrooms
1 Bath
square feet
776 Ft²
$240,266
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

VALUE - PRICE cottage near SUGDEN LAKE, a private lake with no public access!  Tranquil location, beautiful view!  Private deck; fenced yard, new crushed stone off-street parking, vinyl siding, ceiling fans, window a/c's, galley kitchen with laundry hook-ups, nice sized lot, walk to the water, near Wire Village School, just off Paxton Street... 2br & full bath with shower & tub.  Come home & relax at the lake!  Affordably!
Unit Size
776 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$213
Property Type
House
Property Taxes
$167
HOA Dues
$17
Year Built
1955

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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: 4 months ago (MLSPIN #72492728)

Price History

Date / Event Date Event Price
Jan 23, 2020 Sold
Premium
Sold
May 2, 2019 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $164,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Dec 19, 2008 Sold
Premium
Sold
Sep 17, 2008 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $169,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 4,920
  • Total Building Area: 776
  • Gross Building Area: 1,624
  • Building Area: 776
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 776
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000113
  • 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:00U33 B:00010 L:00000
  • Block: 10
  • Municipality: SPENCER
  • Latitude: 42.2751
  • Longitude: -71.9697

    Address

  • Full Address: 14 Lambs Grv
  • Address - House Number: 14
  • Address - Street Name: Lambs
  • Address - Suffix Type: Grv
  • State: MA
  • City Name: Spencer
  • Carrier Code: R001
  • 4-Digit Zip Code: 1211
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $247,100

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 258,504
  • High Value: 309,700
  • Low Value: 207,308

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $216,000
  • Assessed Land Value: $42,000
  • Assessed Improvements Value: $174,000

    Sales

  • Current Sale Contract Date: Jan 02, 2020
  • Current Sale Recording Date: Jan 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7177
  • Previous Sale Recording Date: Dec 19, 2008
  • Previous Sale Amount: $163,000
  • 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

$282

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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: 4 months ago
Data Source: MLS PIN, MLS# 72492728

Frequently Asked Questions

When was property at 14 Lambs Grove built and last sold?
The property at 14 Lambs Grove was built in 1955 and last sold on Jan 2, 2020 for $162,450.
How much is this home worth?
The estimated value of the home located at 14 Lambs Grove is $170,097.
What are some comparable homes to 14 Lambs Grove?
There are currently no comparable homes to 14 Lambs Grove.
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