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Worcester 01331
35 Spa Road
$185,000
● House - Off Market

35 Spa Road

Phillipston, MA 01331
bedrooms
2 Beds
bathrooms
1 Bath
square feet
620 Ft²
$219,635
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Have you been looking for a long time to find an affordable opportunity to be at Queen Lake ?   For a smaller investment in Insulation this Cozy 2 bedroom seasonal cottage could be year round !  You  could also spend the warmer months here and South for the Winter !   The property has been well maintained for over 35 years.  Knotty Deeded Water front access to Queen Lake is just a short walk of  about 75 feet from your property. Property beng sold Fully Furnished and Sleeps 6 with New Convertible Couch ! Call us for an appointment to view this. Beat the heat this Summer !
Unit Size
620 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$339
Property Type
House
Property Taxes
$88
HOA Dues
-
Year Built
1950

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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: 5 months ago (MLSPIN #72985967)

Price History

Date / Event Date Event Price
Oct 6, 2022 Sold
Premium
Sold
May 21, 2022 Listed by Colby Realty $209,900
Listed by Colby Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 18
  • 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: 8,712
  • Total Building Area: 620
  • Gross Building Area: 1,240
  • Building Area: 620
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 620
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Narragansett School District
  • Census Tract: 703100

Zoning

  • Zoning: RC

Geography

  • Parcel: PHIL M:00052 L:00007
  • Lot: 7
  • Municipality: PHILLIPSTON
  • Latitude: 42.5293
  • Longitude: -72.1183

    Address

  • Full Address: 35 Spa Rd
  • Address - House Number: 35
  • Address - Street Name: Spa
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Athol
  • Zip Code: 01331

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $211,800

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 158,844
  • High Value: 191,366
  • Low Value: 126,323

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $176,800
  • Assessed Land Value: $36,100
  • Assessed Improvements Value: $140,700

    Sales

  • Current Sale Contract Date: Oct 06, 2022
  • Current Sale Recording Date: Oct 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 109395
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: 5 months ago
Data Source: MLS PIN, MLS# 72985967

Frequently Asked Questions

When was property at 35 Spa Road built and last sold?
The property at 35 Spa Road was built in 1950 and last sold on Oct 6, 2022 for $185,000.
How much is this home worth?
The estimated value of the home located at 35 Spa Road is $208,534.
What are some comparable homes to 35 Spa Road?
There are currently no comparable homes to 35 Spa Road.
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