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Spencer 01562
29 May St
Photo of 29 May St

42

Map

Photo of 29 May St
Photo of 29 May St
$339,900
● House - In Contract

29 May St

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,202 Ft²
$1,923
Est. Monthly

About This Property

Welcome to 29 May St Spencer. Move-in ready 3-bed home on a quiet side street just minutes from Spencer center. First floor features a cozy living room, updated kitchen with modern appliances, dining room with built-in cabinet, family room with pellet stove, and a large renovated bath with dual vanities and first-floor laundry. Second floor offers three bedrooms. Exterior highlights include a spacious deck, Farmers porch, fenced yard, above-ground pool, firepit area, and ample entertaining space. Virtual staging used in photos. Convenient access to Rt. 9, 49 & 31. Immediate occupancy; showings available now. Get in before the open house. Wont Last!
Unit Size
1,202 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$283
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1905

Listed By

David Leal
Keller Williams Realty Greater Worcester

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Cap Rate Calculator

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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: 2 months ago (MLSPIN #73561194)

Price History

Date / Event Date Event Price
Aug 24, 2026 In contract -
In contract
Aug 9, 2026 Listed by Keller Williams Elite $339,900
Listed by Keller Williams Elite
Mar 13, 2023 Sold
Premium
Sold
Feb 13, 2023 In contract -
In contract
Feb 10, 2023 Listed by Keller Williams Elite $219,900
Listed by Keller Williams Elite

Property Highlights

Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Off Street, Paved
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 1
Appliances: Gas Water Heater, Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Tile, Laminate
Laundry Features: Bathroom - Full, First Floor
Rooms: 6
Exterior Details
Square Footage: 1202
Architectural Style: Colonial
Year Built Source: Public Records
Year Built: 1905
Building Area Total: 1202
Building Area Units: Square Feet
Patio and Porch Features: Porch, Deck - Wood
Pool Features: Above Ground
Pool is Private
Lot Features: Gentle Sloping, Level
Lot Size Area: 0.24
Lot Size Units: Acres
Lot Size Acres: 0.24
Lot Size Square Feet: 10294
Water Source: Public
Financial Details
Tax Assessed Value: $277,500
Tax Annual Amount: $3,047
Utilities Details
Cooling Type: Central Air, Ductless
Heating Type: Central, Steam, Natural Gas, Ductless
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 10,294
  • Total Building Area: 1,202
  • Gross Building Area: 2,517
  • Building Area: 1,202
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,202
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • 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:00U06 B:00186 L:00000
  • Block: 186
  • Municipality: SPENCER
  • Latitude: 42.2436
  • Longitude: -71.9863

    Address

  • Full Address: 29 May St
  • Address - House Number: 29
  • Address - Street Name: May
  • Address - Suffix Type: St
  • State: MA
  • City Name: Spencer
  • Carrier Code: C004
  • 4-Digit Zip Code: 2394
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $248,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 294,240
  • High Value: 354,494
  • Low Value: 233,986

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $217,200
  • Assessed Land Value: $37,000
  • Assessed Improvements Value: $180,200

    Sales

  • Current Sale Contract Date: Mar 10, 2023
  • Current Sale Recording Date: Mar 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19631
  • Previous Sale Recording Date: Dec 06, 2013
  • 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

$237

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: 2 months ago
Data Source: MLS PIN, MLS# 73561194

Frequently Asked Questions

When was property at 29 May Street built and last sold?
The property at 29 May Street was built in 1905 and last sold on Mar 10, 2023 for $235,000.
How much is this home worth?
The estimated value of the home located at 29 May Street is $331,368.
What are some comparable homes to 29 May Street?
There are currently no comparable homes to 29 May Street.
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