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Worcester 01562
18 Shore Dr
Photo of 18 Shore Dr
Sold on Dec 17, 2025

24

Map

Photo of 18 Shore Dr
Photo of 18 Shore Dr
$429,000
● House - Off Market

18 Shore Dr

Spencer, MA 01562
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,440 Ft²
$2,556
Est. Monthly
$8
HOA / Fees
5.48%
Cap Rate

About This Property

A rare find! A beautiful 2 bedroom, 1 1/2 bath home with 100'+/- of beautiful frontage on fully recreational Thompson Pond. This home features many updates, including a renovated cabinet packed kitchen, propane gas stove, vinyl siding (6 years), roof (13 years) beautiful views from Living room, Main Bedroom, Family room, Kitchen, Deck & all areas of the lot. Easy care laminate flooring throughout, Anderson windows, young refrigerator. All appliances included. Exterior boasts sandy beach area, patio, stone fireplace. garden beds, shed & deck.. There is currently no dock but there is space for one. No need to travel - just step out into your back yard to enjoy all seasons at this waterfront home! Come see!
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$312
Property Type
House
Property Taxes
$338
HOA Dues
$8
Year Built
1978

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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 #73429070)

Price History

Date / Event Date Event Price
Dec 17, 2025 Sold
Premium
Sold
Nov 8, 2025 In contract -
In contract
Oct 6, 2025 Price Decreased $449,900
↓ $50K (10%)
Price Decreased
Sep 10, 2025 Listed by RE/MAX Prof Associates $499,900
Listed by RE/MAX Prof Associates
Jul 10, 1997 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 11,750
  • Total Building Area: 720
  • Gross Building Area: 1,646
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 720
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000270
  • 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:00U35 B:00022 L:00000
  • Block: 22
  • Municipality: SPENCER
  • Latitude: 42.298
  • Longitude: -71.9729

    Address

  • Full Address: 18 Shore Dr
  • Address - House Number: 18
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Spencer
  • Carrier Code: R001
  • 4-Digit Zip Code: 2914
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $375,300

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 419,032
  • High Value: 490,979
  • Low Value: 347,086

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $328,100
  • Assessed Land Value: $112,600
  • Assessed Improvements Value: $215,500

    Sales

  • Current Sale Recording Date: Jul 10, 1997
  • Current Sale Price:
    Premium
  • Current 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

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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 months ago
Data Source: MLS PIN, MLS# 73429070

Frequently Asked Questions

When was property at 18 Shore Drive built and last sold?
The property at 18 Shore Drive was built in 1978 and last sold on Jan 1, 1970 for $124,000.
How much is this home worth?
The estimated value of the home located at 18 Shore Drive is $444,530.
What are some comparable homes to 18 Shore Drive?
There are currently no comparable homes to 18 Shore Drive.
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