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Worcester 01562
15 Depot Rd
Photo of 15 Depot Rd
Sold on Jun 30, 2025

16

Map

Photo of 15 Depot Rd
Photo of 15 Depot Rd
$350,000
● House - Off Market

15 Depot Rd

Spencer, MA 01562
bedrooms
2 Beds
bathrooms
1 Bath
square feet
960 Ft²
$2,126
Est. Monthly
5.35%
Cap Rate

About This Property

Starting fresh or ready to simplify? Discover charm and comfort in this beautifully updated home, tucked away on a dead-end road. Nearly every inch has been refreshed within the past five years-including new siding, roof, windows, boiler, and water system. Step inside to all-new flooring throughout and peace of mind with generator-ready wiring. The spacious, partially fenced-in yard is perfect for family, pets, or your outdoor dreams. Downstairs, a wide-open basement offers endless possibilities-storage, a workshop, or even more living space. Just bring your vision and make it yours!
Unit Size
960 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$391
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
1993

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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: 2 years ago (MLSPIN #73367736)

Price History

Date / Event Date Event Price
Jun 30, 2025 Sold
Premium
Sold
May 27, 2025 In contract -
In contract
May 14, 2025 Price Decreased $375,500
↓ $10K (2.6%)
Price Decreased
May 1, 2025 Listed $385,500
Listed
Jul 30, 1997 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 27,014
  • Total Building Area: 960
  • Gross Building Area: 2,220
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000620
  • 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:00R20 B:00029 L:00000
  • Block: 29
  • Municipality: SPENCER
  • Latitude: 42.2198
  • Longitude: -72.0146

    Address

  • Full Address: 15 Depot Rd
  • Address - House Number: 15
  • Address - Street Name: Depot
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Carrier Code: R003
  • 4-Digit Zip Code: 2609
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $313,900

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 353,947
  • High Value: 424,559
  • Low Value: 283,335

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $274,400
  • Assessed Land Value: $44,700
  • Assessed Improvements Value: $229,700

    Sales

  • Current Sale Recording Date: Jul 30, 1997
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 01, 1993
  • Previous Sale Amount: $89,900
  • 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

2400 ft²

Average Home Age

63.3 years

Currently For Sale

1988 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: 2 years ago
Data Source: MLS PIN, MLS# 73367736

Frequently Asked Questions

When was property at 15 Depot Road built and last sold?
The property at 15 Depot Road was built in 1993 and last sold on Jan 1, 1970 for $96,000.
How much is this home worth?
The estimated value of the home located at 15 Depot Road is $0.
What are some comparable homes to 15 Depot Road?
There are currently no comparable homes to 15 Depot Road.
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