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Worcester 01562
2 G H Wilson Rd
$152,000
● House - Off Market

2 G H Wilson Rd

Spencer, MA 01562
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,172 Ft²
$214,502
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Beautiful corner lot surrounded by trees.  This two bedroom home located on over 3/4's of acre, could be your new home. With a bit of work this home can be easily converted back to a 3 bedroom home. Along with a 2 car garage, home has large barn/storage shed in back of yard. Great for any hobbies or storage needs. Walk through your side door to the living area. Step up into the kitchen with dining room or office off just off the kitchen. The possibilities are endless! Home is in need of repairs and being sold "as is" "where is".   Seller will not fix or repair anything on property.  May not qualify for some type of loans and may need to be a cash sale. Buyer and buyer's agent to perform due diligence in regards to the property.
Unit Size
1,172 Ft²
Days on Market
-
Land Size
0.81 acres
Price per sqft
$128
Property Type
House
Property Taxes
$206
HOA Dues
-
Year Built
1960

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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: 5 years ago (MLSPIN #72579643)

Price History

Date / Event Date Event Price
Mar 27, 2020 Sold
Premium
Sold
Oct 14, 2019 Listed by Central Gateway Realty $150,000
Listed by Central Gateway Realty
Oct 10, 2019 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 35,375
  • Total Building Area: 1,172
  • Gross Building Area: 2,708
  • Building Area: 1,172
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,172
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000812
  • 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:00R14 B:00001 L:00000
  • Block: 1
  • Municipality: SPENCER
  • Latitude: 42.2146
  • Longitude: -71.9772

    Address

  • Full Address: 2 G H Wilson Rd
  • Address - House Number: 2
  • Address - Street Name: G H Wilson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Carrier Code: R002
  • 4-Digit Zip Code: 2826
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $321,300

    Appraisal Valuation

  • Standard Deviation: 0.2065
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 326,357
  • High Value: 393,753
  • Low Value: 258,962

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $280,900
  • Assessed Land Value: $52,100
  • Assessed Improvements Value: $228,800

    Sales

  • Current Sale Contract Date: Mar 18, 2020
  • Current Sale Recording Date: Mar 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31827
  • Previous Sale Recording Date: Oct 10, 2019
  • Previous Sale Contract Date: Oct 09, 2019
  • Previous Sale Amount: $100,000
  • 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

58

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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72579643

Frequently Asked Questions

When was property at 2 G H Wilson Road built and last sold?
The property at 2 G H Wilson Road was built in 1960 and last sold on Mar 18, 2020 for $152,000.
How much is this home worth?
The estimated value of the home located at 2 G H Wilson Road is $0.
What are some comparable homes to 2 G H Wilson Road?
There are currently no comparable homes to 2 G H Wilson Road.
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