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Worcester 01562
37 Cooney Road
$195,000
● House - Off Market

37 Cooney Road

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,284 Ft²
$486,955
RealtyHop Estimate
145.32%
Since Nov 1, 2002
National-US
Primary Model

About This Property

TURN OF THE CENTURY CAPE WITH MODERNIZED SYSTEMS. GREAT FLOWING FLOOR PLAN, HARWOODS.  EAT IN KITCHEN AND LARGE DINING ROOM.  SWEEPING VIEWS.  FLEXIBLE CLOSING - OWNER RELOCATING.  SALES INCLUDES RIDING MOWER AND ALL MAJOR APPL.
Unit Size
1,284 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$155
Property Type
House
Property Taxes
$115
HOA Dues
-
Year Built
1941

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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 #30639974)

Price History

Date / Event Date Event Price
Jul 2, 2003 Sold
Premium
Sold
May 11, 2003 Listed by Choice Property Consultants $199,900
Listed by Choice Property Consultants
Oct 31, 2002 Sold
Premium
Sold
Aug 27, 2002 Listed by Choice Property Consultants $198,500
Listed by Choice Property Consultants

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 33,814
  • Total Building Area: 1,247
  • Gross Building Area: 4,352
  • Building Area: 1,247
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,247
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000776
  • 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:00R43 B:00014 L:00000
  • Block: 14
  • Municipality: SPENCER
  • Latitude: 42.2657
  • Longitude: -71.9947

    Address

  • Full Address: 37 Cooney Rd
  • Address - House Number: 37
  • Address - Street Name: Cooney
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Carrier Code: R001
  • 4-Digit Zip Code: 1405
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $320,500

    Appraisal Valuation

  • Standard Deviation: 0.232
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 53
  • Final Value: 331,422
  • High Value: 408,332
  • Low Value: 254,511

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $280,200
  • Assessed Land Value: $51,700
  • Assessed Improvements Value: $228,500

    Sales

  • Current Sale Recording Date: Jul 02, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 31, 2002
  • Previous Sale Amount: $195,000
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2401 ft²

Average Home Age

63.9 years

Currently For Sale

2061 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 months ago
Data Source: MLS PIN, MLS# 30639974

Frequently Asked Questions

When was property at 37 Cooney Road built and last sold?
The property at 37 Cooney Road was built in 1941 and last sold on Jan 1, 1970 for $199,900.
How much is this home worth?
The estimated value of the home located at 37 Cooney Road is $210,489.
What are some comparable homes to 37 Cooney Road?
There are currently no comparable homes to 37 Cooney Road.
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