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Worcester 01562
2 Overlook Dr
Photo of 2 Overlook Dr
Sold on Dec 6, 2005

1

Map

$440,000
● House - Off Market

2 Overlook Dr

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,692 Ft²
$771,392
RealtyHop Estimate
71.80%
Since Jan 1, 2006
National-US
Primary Model

About This Property

Owners say "SELL"*Price reduced!*Get ready for skating and cross country skiing on beautiful Sugden Reservoir with over 180 feet of water frontage!  Full recreational lake-15 minutes to Tatnuck Square.  This home has had numerous updates in past 2 years*stripped roof*replacement windows*new heating system with three zones*both full baths completely gutted*jacuzzi tub*ceramic tile*pedestal sinks*Utility room converted to CA closet*huge master with sitting area overlooking INCREDIBLE views!
Unit Size
2,692 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$167
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
1973

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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: 4 months ago (MLSPIN #70245554)

Price History

Date / Event Date Event Price
Jul 30, 2007 Sold
Premium
Sold
Mar 1, 2007 Listed $399,500
Listed
Dec 6, 2005 Sold
Premium
Sold
Aug 22, 2005 Listed $449,000
Listed
Jun 28, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 19,000
  • Total Building Area: 1,732
  • Gross Building Area: 4,578
  • Building Area: 1,732
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,732
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPENCER
  • Land Acres: 0000000436
  • 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:00U34 B:00056 L:00000
  • Block: 56
  • Municipality: SPENCER
  • Latitude: 42.275
  • Longitude: -71.9653

    Address

  • Full Address: 2 Overlook Dr
  • Address - House Number: 2
  • Address - Street Name: Overlook
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Spencer
  • Carrier Code: R001
  • 4-Digit Zip Code: 1225
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $714,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 667,005
  • High Value: 769,290
  • Low Value: 564,720

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $624,400
  • Assessed Land Value: $141,400
  • Assessed Improvements Value: $483,000

    Sales

  • Current Sale Recording Date: Jul 30, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00100532
  • Previous Sale Recording Date: Dec 06, 2005
  • Previous Sale Amount: $440,000
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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# 70245554

Frequently Asked Questions

When was property at 2 Overlook Drive built and last sold?
The property at 2 Overlook Drive was built in 1973 and last sold on Jan 1, 1970 for $395,000.
How much is this home worth?
The estimated value of the home located at 2 Overlook Drive is $409,333.
What are some comparable homes to 2 Overlook Drive?
There are currently no comparable homes to 2 Overlook Drive.
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