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Worcester 01562
219 Paxton Rd
$575,000
● House - Off Market

219 Paxton Rd

Spencer, MA 01562
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,971 Ft²
$3,292
Est. Monthly

About This Property

Price Reduction! Don't miss your chance on this incredible home on the Spencer-Paxton Line that offers the best of both worlds - quiet and convenience!! This delightful, move-in ready 4 bedroom, 2.5 bathroom Colonial built in 2000 is 2,971 square feet on 1 acre and offers comfort and many new updates! UPDATES INCLUDE - new flooring throughout, central air and heat installed in 2021, updated kitchen and bathrooms! Nestled on a peaceful tree lined street this property is perfect for families seeking a blend of modern living and suburban tranquility. Large and inviting first floor with lots of space - including a formal LR & DR, office, half bath, eat-in-kitchen and family room with vaulted ceilings and fireplace. The eat-in kitchen has been updated with stainless steel appliances, backsplash, and refaced cabinets.  Enjoy your evenings on the back deck or in the large level yard with fruit trees! Don't miss out on this beauty! Open Houses 8/3 11-1 & 8/4 12-2. Schedule a showing today!
Unit Size
2,971 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$194
Property Type
House
Property Taxes
$468
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: 4 months ago (MLSPIN #73265062)

Price History

Date / Event Date Event Price
Sep 17, 2024 Sold
Premium
Sold
Aug 9, 2024 In contract -
In contract
Jul 16, 2024 Listed by eXp Realty $575,000
Listed by eXp Realty
Aug 20, 2013 Sold
Premium
Sold
Apr 21, 2013 Listed by eXp Realty $285,000
Listed by eXp Realty

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 45,000
  • Total Building Area: 2,359
  • Gross Building Area: 4,388
  • Building Area: 2,359
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,359
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001033
  • 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:00R55 B:00017 L:00000
  • Block: 17
  • Municipality: SPENCER
  • Latitude: 42.2943
  • Longitude: -71.9662

    Address

  • Full Address: 219 Paxton Rd
  • Address - House Number: 219
  • Address - Street Name: Paxton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Carrier Code: R001
  • 4-Digit Zip Code: 1421
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $561,900

    Appraisal Valuation

  • Standard Deviation: 0.1846
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 563,614
  • High Value: 667,698
  • Low Value: 459,529

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $491,200
  • Assessed Land Value: $54,500
  • Assessed Improvements Value: $436,700

    Sales

  • Current Sale Recording Date: Aug 20, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 100944
  • Previous Sale Recording Date: Aug 20, 2013
  • Previous Sale Amount: $285,000
  • 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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73265062

Frequently Asked Questions

When was property at 219 Paxton Road built and last sold?
The property at 219 Paxton Road was built in 2000 and last sold on Jan 1, 1970 for $285,000.
How much is this home worth?
The estimated value of the home located at 219 Paxton Road is $572,167.
What are some comparable homes to 219 Paxton Road?
There are currently no comparable homes to 219 Paxton Road.
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