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Worcester 01562
19 Buteau Rd
$92,500
● Land - Off Market

19 Buteau Rd

Spencer, MA 01562
bedrooms
Studio
bathrooms
0 Bath
$158,792
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Land has been prepped for you to build your dream home.  Scenic road yet very convenient commuter location Slight grade back(east) / left(north) allows for basement walkout. Level drive in from road makes for easy care and clearing snow. Beautiful stone walls and lots of land and trees left in the back of lot. Deer, turkeys and other wildlife abound. Over 30K put into site improvements and engineering work. Work includes Septic permit, Site/septic plan, Security deposit with town for driveway, blasting work, site work and driveway work, clearing land area and grinding stumps, well drilling and bringing electric to site. All of this will be provided with sale.
Unit Size
-
Days on Market
-
Land Size
1.40 acres
Price per sqft
-
Property Type
Land
Property Taxes
$60
HOA Dues
-
Year Built
2019

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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 #72185237)

Price History

Date / Event Date Event Price
Oct 13, 2017 Sold
Premium
Sold
Jun 20, 2017 Listed by Keller Williams Realty Greater Worcester $99,900
Listed by Keller Williams Realty Greater Worcester

Property Highlights

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 60,871
  • Total Building Area: 1,248
  • Gross Building Area: 4,574
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001397
  • 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:00R05 B:00007 L:00002
  • Block: 7
  • Lot: 2
  • Municipality: SPENCER
  • Latitude: 42.1963
  • Longitude: -71.9478

    Address

  • Full Address: 19 Buteau Rd
  • Address - House Number: 19
  • Address - Street Name: Buteau
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Carrier Code: R002
  • 4-Digit Zip Code: 3135
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $555,600

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 84
  • Final Value: 539,949
  • High Value: 611,494
  • Low Value: 468,403

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $485,700
  • Assessed Land Value: $56,500
  • Assessed Improvements Value: $429,200

    Sales

  • Current Sale Recording Date: Oct 13, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 113840
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

2400 ft²

Average Home Age

63.3 years

Currently For Sale

1988 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# 72185237

Frequently Asked Questions

When was property at 19 Buteau Road built and last sold?
The property at 19 Buteau Road was built in 2019 and last sold on Jan 1, 1970 for $92,500.
How much is this home worth?
The estimated value of the home located at 19 Buteau Road is $100,899.
What are some comparable homes to 19 Buteau Road?
There are currently no comparable homes to 19 Buteau Road.
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