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Spencer 01562
27 Bay Path Rd
$425,000
● House - Off Market

27 Bay Path Rd

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,100 Ft²
$2,436
Est. Monthly

About This Property

Nothing to do but move right in! This well cared for raised ranch offers 3 bedrooms and 2 bathrooms on a large lot with a nice sized fenced-in yard. Over the last 5 - 7 years this house received an updated kitchen with new appliances, a new deck, new driveway and a french drain system. Enjoy close proximity to vibrant shops, inviting cafes, and fine dining, ensuring your essentials and leisure are always within reach. Nature enthusiasts will appreciate nearby parks and recreational areas, perfect for outdoor activities. For families, the area boasts nearby schools and healthcare facilities. This property is an ideal blend of convenience, community, and natural beauty, making it a perfect place for your new home.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$202
Property Type
House
Property Taxes
$349
HOA Dues
-
Year Built
1976

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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 #73205170)

Price History

Date / Event Date Event Price
May 15, 2024 Sold
Premium
Sold
Mar 26, 2024 In contract -
In contract
Feb 23, 2024 Listed by Circle 100 Real Estate Brokerage LLC $425,000
Listed by Circle 100 Real Estate Brokerage LLC
Nothing to do but move right in! This well cared for raised ranch offers 3 bedrooms and 2 bathrooms on a large lot with a nice sized fenced-in yard. Over the last 5 - 7 years this house received an updated kitchen with new appliances, a new deck, new driveway and a french drain system. Enjoy close proximity to vibrant shops, inviting cafes, and fine dining, ensuring your essentials and leisure are always within reach. Nature enthusiasts will appreciate nearby parks and recreational areas, perfect for outdoor activities. For families, the area boasts nearby schools and healthcare facilities. This property is an ideal blend of convenience, community, and natural beauty, making it a perfect place for your new home.
Nov 18, 2015 Sold
Premium
Sold
Aug 25, 2015 Listed by Circle 100 Real Estate Brokerage LLC $225,000
Listed by Circle 100 Real Estate Brokerage LLC
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 18,621
  • Total Building Area: 1,050
  • Gross Building Area: 2,520
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000427
  • 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: 726200

Geography

  • Parcel: SPEN M:00U22 B:00090 L:00000
  • Block: 90
  • Municipality: SPENCER
  • Latitude: 42.2488
  • Longitude: -72.0047

    Address

  • Full Address: 27 Bay Path Rd
  • Address - House Number: 27
  • Address - Street Name: Bay Path
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Carrier Code: C001
  • 4-Digit Zip Code: 1601
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $418,700

    Appraisal Valuation

  • Standard Deviation: 0.1905
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 421,654
  • High Value: 501,995
  • Low Value: 341,312

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $366,000
  • Assessed Land Value: $45,700
  • Assessed Improvements Value: $320,300

    Sales

  • Current Sale Recording Date: Nov 18, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 122246
  • Previous Sale Recording Date: Dec 28, 2007
  • Previous Sale Amount: $165,900
  • 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 Spencer

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$236

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1699 ft²

Average Home Age

84.4 years

Currently For Sale

8 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: 4 months ago
Data Source: MLS PIN, MLS# 73205170

Frequently Asked Questions

When was property at 27 Bay Path Road built and last sold?
The property at 27 Bay Path Road was built in 1976 and last sold on Jan 1, 1970 for $222,000.
How much is this home worth?
The estimated value of the home located at 27 Bay Path Road is $423,747.
What are some comparable homes to 27 Bay Path Road?
There are currently no comparable homes to 27 Bay Path Road.
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