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Spencer 01562
27 Smithville Road
Photo of 27 Smithville Road
Sold on Jun 30, 2008

1

Map

$150,000
● House - Off Market

27 Smithville Road

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$290,591
RealtyHop Estimate
87.48%
Since Jul 1, 2008
National-US
Primary Model

About This Property

Solid five room, three bedroom ranch.  Partially finished walkout basement with permitted pellet stove.  Save on your heating bill.  It heats the whole house.  Vynal siding, vynal replacement windows.  Plenty of parking and large level back yard with storage shed.  House needs cosmetics and a new roof.  At this price who cares?  Why rent?  Perfect for the first time home owneer willing to invest a little sweat equity.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$161
Property Type
House
Property Taxes
$131
HOA Dues
-
Year Built
1978

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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 #70725099)

Price History

Date / Event Date Event Price
Nov 24, 2009 Sold
Premium
Sold
Sep 4, 2009 Listed $179,900
Listed
Jun 26, 2008 Sold
Premium
Sold
Mar 11, 2008 Listed $155,000
Listed
May 27, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 19,285
  • Total Building Area: 960
  • Gross Building Area: 2,160
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 960
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000443
  • 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:00102 L:00000
  • Block: 102
  • Municipality: SPENCER
  • Latitude: 42.2505
  • Longitude: -72.0052

    Address

  • Full Address: 27 Smithville Rd
  • Address - House Number: 27
  • Address - Street Name: Smithville
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Carrier Code: C001
  • 4-Digit Zip Code: 1644
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $297,300

    Appraisal Valuation

  • Standard Deviation: 0.2065
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 342,151
  • High Value: 412,808
  • Low Value: 271,494

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $259,900
  • Assessed Land Value: $46,100
  • Assessed Improvements Value: $213,800

    Sales

  • Current Sale Recording Date: Nov 24, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00139268
  • Previous Sale Recording Date: Jun 26, 2008
  • Previous Sale Amount: $150,000
  • 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 Spencer

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1684 ft²

Average Home Age

94 years

Currently For Sale

10 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# 70725099

Frequently Asked Questions

When was property at 27 Smithville Road built and last sold?
The property at 27 Smithville Road was built in 1978 and last sold on Jan 1, 1970 for $164,500.
How much is this home worth?
The estimated value of the home located at 27 Smithville Road is $181,718.
What are some comparable homes to 27 Smithville Road?
There are currently no comparable homes to 27 Smithville Road.
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