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Worcester 01562
16 Condon Drive
$163,000
● House - Off Market

16 Condon Drive

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
1 Bath
square feet
970 Ft²
$380,362
RealtyHop Estimate
123.87%
Since Nov 1, 2003
National-US
Primary Model

About This Property

RANCH IN A NICE NEIGHBORHOOD ON A DEAD END STREET. HOUSE NEEDS FINISHING TOUCHES. PRIVATE BACKYARD WITH BARN AND PADDOCK. CURRENTLY HAS TWO HORSES ON THE PROPERTY. CAN CLOSE QUICKLY, CALL NOW FOR AN APPOINTMENT.
Unit Size
970 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$175
Property Type
House
Property Taxes
$98
HOA Dues
-
Year Built
1901

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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 years ago (MLSPIN #30761623)

Price History

Date / Event Date Event Price
Oct 16, 2003 Sold
Premium
Sold
Aug 27, 2003 Listed by JKP Real Estate $169,900
Listed by JKP Real Estate
Aug 25, 1998 Sold
Premium
Sold
Feb 10, 1998 Listed by JKP Real Estate $102,900
Listed by JKP Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1901
  • Effective Year Built: 1901
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 18
  • 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: 43,560
  • Total Building Area: 945
  • Gross Building Area: 1,515
  • Building Area: 945
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 945
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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:00R21 B:00029 L:00000
  • Block: 29
  • Municipality: SPENCER
  • Latitude: 42.2276
  • Longitude: -72.0164

    Address

  • Full Address: 16 Condon Dr
  • Address - House Number: 16
  • Address - Street Name: Condon
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Spencer
  • Carrier Code: R003
  • 4-Digit Zip Code: 2602
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $243,100

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 282,649
  • High Value: 338,627
  • Low Value: 226,671

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $212,500
  • Assessed Land Value: $54,100
  • Assessed Improvements Value: $158,400

    Sales

  • Current Sale Recording Date: Oct 16, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00277929
  • Previous Sale Recording Date: Aug 25, 1998
  • Previous Sale Amount: $98,000
  • 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

2401 ft²

Average Home Age

63.3 years

Currently For Sale

2000 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: 4 years ago
Data Source: MLS PIN, MLS# 30761623

Frequently Asked Questions

When was property at 16 Condon Drive built and last sold?
The property at 16 Condon Drive was built in 1901 and last sold on Jan 1, 1970 for $165,000.
How much is this home worth?
The estimated value of the home located at 16 Condon Drive is $0.
What are some comparable homes to 16 Condon Drive?
There are currently no comparable homes to 16 Condon Drive.
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