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Worcester 01562
171 Northwest Rd
$285,000
● House - Off Market

171 Northwest Rd

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,106 Ft²
$447,292
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

MUST SEE -  wooded getaway in Spencer MA!  You'll be wowed by the setting on this home in 2.11 acres with lower cleared area currently set up as a fire pit for entertaining!  First floor includes living room, dining room, kitchen and half bath with laundry!  The oversized living room with fireplace presents a multitude of layout options!  Upstairs you'll find master bedroom with master bath as well as two additional bedrooms and another full bath.  Custom painted bedroom is a great addition for any baseball fan!  Don't miss the family room downstairs with custom bar and plenty of room for additional TV Room, playroom or home gym!  Extra half bath in the basement is a bonus!  Fenced in side yard is perfect for pets!  Great value for the space!  Move in ready properties like this are in limited supply!
Unit Size
2,106 Ft²
Days on Market
-
Land Size
2.11 acres
Price per sqft
$140
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #72392683)

Price History

Date / Event Date Event Price
Dec 14, 2018 Sold
Premium
Sold
Sep 10, 2018 Listed by Keller Williams Realty North Central $294,000
Listed by Keller Williams Realty North Central
Nov 23, 2015 Sold
Premium
Sold
May 5, 2015 Listed by Keller Williams Realty North Central $258,900
Listed by Keller Williams Realty North Central
Jun 30, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • 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: 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: 91,799
  • Total Building Area: 2,052
  • Gross Building Area: 3,528
  • Building Area: 2,052
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,052
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPENCER
  • Land Acres: 0000002107
  • 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:00R61 B:00001 L:00008
  • Block: 1
  • Lot: 8
  • Municipality: SPENCER
  • Latitude: 42.3019
  • Longitude: -72.0282

    Address

  • Full Address: 171 Northwest Rd
  • Address - House Number: 171
  • Address - Street Name: Northwest
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Carrier Code: R001
  • 4-Digit Zip Code: 1020
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $460,900

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 464,543
  • High Value: 546,646
  • Low Value: 382,440

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $402,900
  • Assessed Land Value: $53,400
  • Assessed Improvements Value: $349,500

    Sales

  • Current Sale Contract Date: Dec 12, 2018
  • Current Sale Recording Date: Dec 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 132608
  • Previous Sale Recording Date: Nov 23, 2015
  • Previous Sale Amount: $249,000
  • Previous Sale Document Type: O
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

2390 ft²

Average Home Age

63.6 years

Currently For Sale

2084 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: 5 months ago
Data Source: MLS PIN, MLS# 72392683

Frequently Asked Questions

When was property at 171 Northwest Road built and last sold?
The property at 171 Northwest Road was built in 1988 and last sold on Dec 12, 2018 for $285,000.
How much is this home worth?
The estimated value of the home located at 171 Northwest Road is $311,022.
What are some comparable homes to 171 Northwest Road?
There are currently no comparable homes to 171 Northwest Road.
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