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Spencer 01562
17 4th Ave
$291,500
● House - Off Market

17 4th Ave

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,304 Ft²
$508,194
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

OPEN HOUSE - 3/6  12-2!! Price Reduced!!  Custom built 3 Bedroom, 2 Bath Cape in a great location.  Pride of Ownership with many upgrades including - Open Floor Plan, Tray Ceilings in Kitchen and Dining Area, Beautiful Hardwoods, First Floor Masterbedroom with Masterbath w/Laundry, Second Floor has Large Family Room/Bonus Room, Two Bedrooms and Full Bath, 2 Offices (one on First Floor, one w/separate entrance), Central Vac, Tri Level Deck, Large Finishable Walk Out Basement, Two Car Garage (rough plumbed for heat) with walk up storage above, R30 insulation, etc.  Quick close possible.
Unit Size
2,304 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$128
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
2001

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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: 6 months ago (MLSPIN #71915419)

Price History

Date / Event Date Event Price
Apr 29, 2016 Sold
Premium
Sold
Oct 3, 2015 Listed by Century 21 Toomey-Lovett $295,000
Listed by Century 21 Toomey-Lovett
Nov 30, 1999 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 24,954
  • Total Building Area: 2,388
  • Gross Building Area: 5,436
  • Building Area: 2,388
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,388
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEFINITIVE PLAN MAPLEVALE
  • Land Acres: 0000000573
  • 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: 726200

Geography

  • Parcel: SPEN M:00U24 B:00013 L:00002
  • Block: 13
  • Lot: 2
  • Municipality: SPENCER
  • Latitude: 42.2438
  • Longitude: -72.0068

    Address

  • Full Address: 17 4th Ave
  • Address - House Number: 17
  • Address - Street Name: 4th
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Spencer
  • Carrier Code: C001
  • 4-Digit Zip Code: 2043
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $527,700

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 543,280
  • High Value: 635,235
  • Low Value: 451,325

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $461,300
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $412,300

    Sales

  • Current Sale Recording Date: Apr 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 43511
  • Previous Sale Recording Date: Nov 30, 1999
  • Previous Sale Amount: $29,000
  • 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 Spencer

Stats & Trends

Median Asking:

$389,950

Sale Price/ft²

$221

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1424 ft²

Average Home Age

102 years

Currently For Sale

3 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: 6 months ago
Data Source: MLS PIN, MLS# 71915419

Frequently Asked Questions

When was property at 17 4th Avenue built and last sold?
The property at 17 4th Avenue was built in 2001 and last sold on Jan 1, 1970 for $291,500.
How much is this home worth?
The estimated value of the home located at 17 4th Avenue is $298,023.
What are some comparable homes to 17 4th Avenue?
There are currently no comparable homes to 17 4th Avenue.
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