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Worcester 01562
32 Sherman Grove
Photo of 32 Sherman Grove
Sold on Sep 10, 2010

1

Map

$300,000
● House - Off Market

32 Sherman Grove

Spencer, MA 01562
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,600 Ft²
$650,946
RealtyHop Estimate
117.05%
Since Oct 1, 2010
National-US
Primary Model

About This Property

This beautifully updated waterfront home has 50 feet on gorgeous Sugden Reservoir - a full recreational lake!  Vacation at home this summer.  Replacement windows and doors, updated furnace, new bath and kitchen, both with Corian, newer flooring and appliances. Georgeous stone-faced fireplace in cathedral living area, updated plumbing, wood stove in basement and two new garage doors. Incredible views from the covered porch and 45 x 20 dock.  Privacy and a waterfront, what more could you ask for?
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$187
Property Type
House
Property Taxes
$200
HOA Dues
$40
Year Built
1979

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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: 2 years ago (MLSPIN #71056710)

Price History

Date / Event Date Event Price
Oct 29, 2021 Sold
Premium
Sold
Aug 11, 2021 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $495,000
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Sep 10, 2010 Sold
Premium
Sold
Apr 1, 2010 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $299,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Nov 1, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 9
  • 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: 20,462
  • Total Building Area: 1,568
  • Gross Building Area: 4,092
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • 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:00U32 B:00057 L:00000
  • Block: 57
  • Municipality: SPENCER
  • Latitude: 42.2685
  • Longitude: -71.9718

    Address

  • Full Address: 32 Sherman Grv
  • Address - House Number: 32
  • Address - Street Name: Sherman
  • Address - Suffix Type: Grv
  • State: MA
  • City Name: Spencer
  • Carrier Code: R001
  • 4-Digit Zip Code: 1431
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $447,500

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 516,985
  • High Value: 600,630
  • Low Value: 433,339

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $391,200
  • Assessed Land Value: $51,500
  • Assessed Improvements Value: $339,700

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 152777
  • Previous Sale Recording Date: Sep 10, 2010
  • Previous Sale Amount: $300,000
  • 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 Worcester

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2385 ft²

Average Home Age

64.5 years

Currently For Sale

2059 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 years ago
Data Source: MLS PIN, MLS# 71056710

Frequently Asked Questions

When was property at 32 Sherman Grove built and last sold?
The property at 32 Sherman Grove was built in 1979 and last sold on Oct 29, 2021 for $550,000.
How much is this home worth?
The estimated value of the home located at 32 Sherman Grove is $0.
What are some comparable homes to 32 Sherman Grove?
There are currently no comparable homes to 32 Sherman Grove.
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