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Worcester 01562
2 Lyford Cross Rd
$209,000
● House - Off Market

2 Lyford Cross Rd

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,385 Ft²
$388,670
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Completely renovated property with many original features in tact. Eat in kitchen with island for easy entertaining.  All the big ticket upgrades done for you, new septic, roof, siding, windows and plumbed for central vac. Laundry conveniently located on 2nd floor, wired for generator back up, upgraded electric service, added insulation for energy efficiency and has a wood stove for supplemental heating. Post & beam barn for storage or a great spot for a hobby area. Over 1 acre of land gives ample space for gardening, family activities and outdoor entertaining.
Unit Size
1,385 Ft²
Days on Market
-
Land Size
1.17 acres
Price per sqft
$158
Property Type
House
Property Taxes
$221
HOA Dues
-
Year Built
2000

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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 months ago (MLSPIN #71850412)

Price History

Date / Event Date Event Price
Sep 28, 2015 Sold
Premium
Sold
Jun 3, 2015 Listed by RE/MAX Advantage 1 $219,000
Listed by RE/MAX Advantage 1
Sep 1, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 51,098
  • Total Building Area: 1,445
  • Gross Building Area: 1,445
  • Building Area: 1,445
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,445
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000001173
  • Standard Land Use Code: 2044
  • County Land Use Code: 013

Neighborhood

  • School District Name: Spencer-East Brookfield School District
  • School Tax School District: SPENCR-E BRKFLD
  • Census Tract: 726100

Geography

  • Parcel: SPEN M:00R20 B:00010 L:00000
  • Block: 10
  • Municipality: SPENCER
  • Latitude: 42.2185
  • Longitude: -72.0138

    Address

  • Full Address: 2 Lyford Cross Rd
  • Address - House Number: 2
  • Address - Street Name: Lyford Cross
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Carrier Code: R003
  • 4-Digit Zip Code: 2620
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $426,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $372,400
  • Assessed Land Value: $55,200
  • Assessed Improvements Value: $317,200

    Sales

  • Current Sale Recording Date: Sep 28, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 101076
  • Previous Sale Recording Date: Sep 01, 2006
  • Previous Sale Amount: $100,000
  • 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 Worcester

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2375 ft²

Average Home Age

64.6 years

Currently For Sale

2001 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 months ago
Data Source: MLS PIN, MLS# 71850412

Frequently Asked Questions

When was property at 2 Lyford Cross Road built and last sold?
The property at 2 Lyford Cross Road was built in 2000 and last sold on Jan 1, 1970 for $209,000.
How much is this home worth?
The estimated value of the home located at 2 Lyford Cross Road is $229,466.
What are some comparable homes to 2 Lyford Cross Road?
There are currently no comparable homes to 2 Lyford Cross Road.
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