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Spencer 01562
35 Main St
$240,000
● House - Off Market

35 Main St

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,480 Ft²
$287,363
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Spacious colonial in Spencer with a TON of character. Large eat in kitchen with plenty of cabinet space. The sun kissed living room showcases hardwood floors and beautiful woodwork surrounding the windows. All three bedrooms are great size and offer ample closet space. The three season porch is the perfect place to enjoy spring through fall. Large backyard perfect for summer barbecues or sitting by the fire. Located in hassle free commuter location right off of RT 9. Your next chapter starts here.
Unit Size
1,480 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$145
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1865

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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 #72705453)

Price History

Date / Event Date Event Price
Oct 9, 2020 Sold
Premium
Sold
Aug 6, 2020 Listed by The LUX Group $214,900
Listed by The LUX Group
Nov 6, 2015 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1865
  • Effective Year Built: 1865
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 19,802
  • Total Building Area: 1,480
  • Gross Building Area: 3,600
  • Building Area: 1,480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,480
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000455
  • 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:00U12 B:00018 L:00000
  • Block: 18
  • Municipality: SPENCER
  • Latitude: 42.2413
  • Longitude: -72.0009

    Address

  • Full Address: 35 Main St
  • Address - House Number: 35
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Spencer
  • Carrier Code: C001
  • 4-Digit Zip Code: 2134
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $317,700

    Appraisal Valuation

  • Standard Deviation: 0.2332
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 53
  • Final Value: 319,421
  • High Value: 393,925
  • Low Value: 244,916

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $277,700
  • Assessed Land Value: $41,800
  • Assessed Improvements Value: $235,900

    Sales

  • Current Sale Contract Date: Oct 03, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 119815
  • Previous Sale Recording Date: Nov 06, 2015
  • Previous Sale Amount: $145,500
  • Previous Sale Document Type: O
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

2022 ft²

Average Home Age

107.4 years

Currently For Sale

9 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# 72705453

Frequently Asked Questions

When was property at 35 Main Street built and last sold?
The property at 35 Main Street was built in 1865 and last sold on Oct 3, 2020 for $240,000.
How much is this home worth?
The estimated value of the home located at 35 Main Street is $224,944.
What are some comparable homes to 35 Main Street?
There are currently no comparable homes to 35 Main Street.
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