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Worcester 01562
15 Lake View Dr
Photo of 15 Lake View Dr

25

Map

Photo of 15 Lake View Dr
Photo of 15 Lake View Dr
$729,900
↓ $10K (1.4%)
● House - For Sale

15 Lake View Dr

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,016 Ft²
$4,140
Est. Monthly

About This Property

It is time to start living the lake lifestyle...for all the seasons! Beautiful level lake lot on popular Sugden Reservoir. Very active lake community all year round...swim...water-ski...sail...boating...ice fish right from your "front door!" Large rap-around deck also with a balcony off the top floor overlooking the lake makes this a unique home for all your friends and family to relax by the waters edge along with a gazebo, doc and a beautiful sandy beach. Very LARGE room over kitchen and garage with wide pine flooring that could be the primary bedroom or game room. Solar panels to save on electricity. In addition, there is a custom Kotter Farms out building for storage of your water toys and yard tools. Come see this unique lakefront home today!
Unit Size
2,016 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$362
Property Type
House
Property Taxes
$556
HOA Dues
-
Year Built
1935

Listed By

Richard Stockhaus
Lakefront Living Realty, LLC

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Cap Rate Calculator

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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: 7 days ago (MLSPIN #73538805)

Price History

Date / Event Date Event Price
Oct 9, 2026 Price Decreased $729,900
↓ $10K (1.4%)
Price Decreased
Sep 9, 2026 Price Decreased $739,900
↓ $5K (0.7%)
Price Decreased
Aug 20, 2026 Price Decreased $744,900
↓ $15K (2%)
Price Decreased
Jul 22, 2026 Price Decreased $759,900
↓ $15K (1.9%)
Price Decreased
Jul 9, 2026 Price Decreased $774,900
↓ $15K (1.9%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Off Street, Paved
Garage Spaces: 1
Open Parking Spaces: 6
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Electric Water Heater, Range, Microwave, Refrigerator
Flooring Type: Wood, Tile
Rooms: 7
Has Fireplace
Fireplaces: 1
Basement: Crawl Space
Exterior Details
Square Footage: 2016
Architectural Style: Colonial
Year Built Source: Public Records
Year Built: 1935
Waterfront Features: Waterfront, Lake Front, Lake/Pond, 0 to 1/10 Mile To Beach
Building Area Total: 2016
Other Structures: Gazebo
Building Area Units: Square Feet
Window Features: Insulated Windows
Patio and Porch Features: Deck
Lot Features: Level
Lot Size Area: 0.28
Lot Size Units: Acres
Lot Size Acres: 0.28
Lot Size Square Feet: 12100
Water Source: Private
Financial Details
Tax Assessed Value: $607,400
Tax Annual Amount: $6,669
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard, Oil, Propane
Sewer : Private Sewer

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 12,100
  • Total Building Area: 2,016
  • Gross Building Area: 2,839
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND SPENCER
  • Land Acres: 0000000278
  • 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:00U32 B:00001 L:00000
  • Block: 1
  • Municipality: SPENCER
  • Latitude: 42.2717
  • Longitude: -71.9731

    Address

  • Full Address: 15 Lake View Dr
  • Address - House Number: 15
  • Address - Street Name: Lake View
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Spencer
  • Carrier Code: R001
  • 4-Digit Zip Code: 1442
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $645,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1644
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 650,365
  • High Value: 757,295
  • Low Value: 543,435

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $564,600
  • Assessed Land Value: $129,100
  • Assessed Improvements Value: $435,500

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 176651
  • Previous Sale Recording Date: Nov 20, 1987
  • Previous Sale Amount: $167,000
  • 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

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2392 ft²

Average Home Age

63.7 years

Currently For Sale

2073 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: 7 days ago
Data Source: MLS PIN, MLS# 73538805

Frequently Asked Questions

When was property at 15 Lakeview Drive built and last sold?
The property at 15 Lakeview Drive was built in 1935 and last sold on Dec 15, 2021 for $568,000.
How much is this home worth?
The estimated value of the home located at 15 Lakeview Drive is $729,587.
What are some comparable homes to 15 Lakeview Drive?
There are currently no comparable homes to 15 Lakeview Drive.
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