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Worcester 01562
159 Paxton Rd
$256,000
● House - Off Market

159 Paxton Rd

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,638 Ft²
$431,533
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model

About This Property

There have been many updates done to this home. Come take a look! The kitchen has been updated and includes new cabinets with plenty of storage and granite counter tops!  It is large enough to place a table, or if you want an Island. There is also a separate dining area, that includes a tiled floor and pellet stove. There is a large composite deck perfect for whatever ideas you can bring. The yard offers just over an acre of land, along with some fruit, a peach and pear tree, raspberries, blueberries, and blackberries to name a few. Looking for a garage? There is an oversized 2 car garage with a loft, imagine the possibilities.This home is also wired for a generator, and has a walkout basement for even more possibilities.
Unit Size
1,638 Ft²
Days on Market
-
Land Size
1.04 acres
Price per sqft
$157
Property Type
House
Property Taxes
$233
HOA Dues
-
Year Built
1970

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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 #72087247)

Price History

Date / Event Date Event Price
Jan 23, 2017 Sold
Premium
Sold
Oct 28, 2016 Listed by Erika Sullivan Realty Group $257,000
Listed by Erika Sullivan Realty Group
Oct 27, 2006 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 45,436
  • Total Building Area: 1,778
  • Gross Building Area: 3,408
  • Building Area: 1,778
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,778
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALBERT E ANDREW SR
  • Land Acres: 0000001043
  • 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:00R45 B:00008 L:00000
  • Block: 8
  • Municipality: SPENCER
  • Latitude: 42.2779
  • Longitude: -71.9705

    Address

  • Full Address: 159 Paxton Rd
  • Address - House Number: 159
  • Address - Street Name: Paxton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Carrier Code: R001
  • 4-Digit Zip Code: 1425
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $426,000

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 440,644
  • High Value: 518,524
  • Low Value: 362,765

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $372,400
  • Assessed Land Value: $54,500
  • Assessed Improvements Value: $317,900

    Sales

  • Current Sale Recording Date: Jan 23, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7917
  • Previous Sale Recording Date: Oct 27, 2006
  • Previous Sale Amount: $275,000
  • 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

2403 ft²

Average Home Age

63.3 years

Currently For Sale

2008 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: 4 months ago
Data Source: MLS PIN, MLS# 72087247

Frequently Asked Questions

When was property at 159 Paxton Road built and last sold?
The property at 159 Paxton Road was built in 1970 and last sold on Jan 1, 1970 for $256,000.
How much is this home worth?
The estimated value of the home located at 159 Paxton Road is $270,936.
What are some comparable homes to 159 Paxton Road?
There are currently no comparable homes to 159 Paxton Road.
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