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Worcester 01562
245 Charlton Rd
$320,000
● House - Off Market

245 Charlton Rd

Spencer, MA 01562
bedrooms
5 Beds
bathrooms
2 Baths
square feet
3,058 Ft²
$417,399
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

If you've been looking for lots of space for your family, five bedrooms (!) first floor master bdrm / bath,an entertainment space that's unbeatable, a huge and private back deck, fireplaced living room, gorgeous updated kitchen with loads of storage, and the quality of a beautifully constructed home?  Look no further. Add to that two side porches, a huge two-car garage, AND you get a brand new septic system too!  All this and priced to sell at $314,900. You've found a winner.  Be the Winner on this priced-to-sell home.  Don't miss out -Call Today!
Unit Size
3,058 Ft²
Days on Market
-
Land Size
1.34 acres
Price per sqft
$103
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1952

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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 #72729381)

Price History

Date / Event Date Event Price
Nov 20, 2020 Sold
Premium
Sold
Sep 19, 2020 Listed by Keller Williams Realty Boston Northwest $314,900
Listed by Keller Williams Realty Boston Northwest

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 58,505
  • Total Building Area: 3,058
  • Gross Building Area: 5,930
  • Building Area: 3,058
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,058
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001343
  • 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:00R08 B:00020 L:00000
  • Block: 20
  • Municipality: SPENCER
  • Latitude: 42.1983
  • Longitude: -71.988

    Address

  • Full Address: 245 Charlton Rd
  • Address - House Number: 245
  • Address - Street Name: Charlton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Carrier Code: R002
  • 4-Digit Zip Code: 2808
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $463,200

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 461,589
  • High Value: 543,170
  • Low Value: 380,008

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $404,900
  • Assessed Land Value: $56,200
  • Assessed Improvements Value: $348,700

    Sales

  • Current Sale Contract Date: Nov 19, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 143112
  • Previous Sale Recording Date: Aug 05, 2016
  • 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

$282

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2400 ft²

Average Home Age

64.3 years

Currently For Sale

2080 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72729381

Frequently Asked Questions

When was property at 245 Charlton Road built and last sold?
The property at 245 Charlton Road was built in 1952 and last sold on Nov 19, 2020 for $320,000.
How much is this home worth?
The estimated value of the home located at 245 Charlton Road is $319,181.
What are some comparable homes to 245 Charlton Road?
There are currently no comparable homes to 245 Charlton Road.
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