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Worcester 01562
323 Main St
$225,000
● House - Off Market

323 Main St

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,416 Ft²
$279,721
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

One level living with this spacious  Ranch located on the corner of Main St & Paxton Road. 2-3 bedrooms(one could be an office), large livingroom with hardwood flooring and a huge kitchen with vaulted ceilings. Extra large bathroom with laundry. Over 1400 s.f of living space! Basement is partially finished for extra space.  Across the street from David Prouty High School, on the bus line, shopping within a minute drive.....Walk to Luthur Hill Park in the summer for swimming & relaxing. Minutes to major routes!  House is now vacant and ready to go! Fenced in yard in back is great for privacy and pets!
Unit Size
1,416 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$155
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1880

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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: 5 years ago (MLSPIN #72768326)

Price History

Date / Event Date Event Price
Feb 23, 2021 Sold
Premium
Sold
Dec 19, 2020 Listed by Property Investors & Advisors, LLC $219,900
Listed by Property Investors & Advisors, LLC
Feb 26, 1999 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 8,738
  • Total Building Area: 1,416
  • Gross Building Area: 3,194
  • Building Area: 1,416
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,416
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • 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:00U16 B:00024 L:00001
  • Block: 24
  • Lot: 1
  • Municipality: SPENCER
  • Latitude: 42.2519
  • Longitude: -71.9767

    Address

  • Full Address: 323 Main St
  • Address - House Number: 323
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Spencer
  • Carrier Code: C005
  • 4-Digit Zip Code: 1837
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $296,300

    Appraisal Valuation

  • Standard Deviation: 0.2333
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 53
  • Final Value: 304,907
  • High Value: 376,071
  • Low Value: 233,742

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $259,000
  • Assessed Land Value: $40,300
  • Assessed Improvements Value: $218,700

    Sales

  • Current Sale Contract Date: Feb 07, 2021
  • Current Sale Recording Date: Feb 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25273
  • Previous Sale Recording Date: Feb 26, 1999
  • Previous Sale Amount: $13,100
  • 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

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2403 ft²

Average Home Age

63.3 years

Currently For Sale

2008 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: 5 years ago
Data Source: MLS PIN, MLS# 72768326

Frequently Asked Questions

When was property at 323 Main Street built and last sold?
The property at 323 Main Street was built in 1880 and last sold on Feb 7, 2021 for $225,000.
How much is this home worth?
The estimated value of the home located at 323 Main Street is $0.
What are some comparable homes to 323 Main Street?
There are currently no comparable homes to 323 Main Street.
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