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Worcester 01562
4 Oakland Drive
$230,000
● House - Off Market

4 Oakland Drive

Spencer, MA 01562
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,920 Ft²
$398,904
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

What a beautiful home in a wonderful area!  Country kitchen with wainscoting. Wide pine living room floors with picture window. New central air installed last year. Updated vinyl siding with  energy efficient windows. Pellet stove will stay. Lower level complete with two more bedrooms, a family room and full bath. Ideal for a teenager or in law potential.  The yard is absolutely gorgeous. All cleared, level and backs up to woods. The huge paved driveway will hold accommodate all your family and friends. Shed for storage.
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.81 acres
Price per sqft
$122
Property Type
House
Property Taxes
$176
HOA Dues
-
Year Built
1975

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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: 4 months ago (MLSPIN #71959847)

Price History

Date / Event Date Event Price
Jun 9, 2016 Sold
Premium
Sold
Feb 17, 2016 Listed by ERA Key Realty Services- Spenc $235,000
Listed by ERA Key Realty Services- Spenc
Nov 29, 2005 Sold
Premium
Sold
Jun 21, 2005 Listed by ERA Key Realty Services- Spenc $229,000
Listed by ERA Key Realty Services- Spenc

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 35,131
  • Total Building Area: 960
  • Gross Building Area: 2,048
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 1
  • Heated Square Feet: 960
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000806
  • 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:00U31 B:00071 L:00000
  • Block: 71
  • Municipality: SPENCER
  • Latitude: 42.266
  • Longitude: -71.9644

    Address

  • Full Address: 4 Oakland Dr
  • Address - House Number: 4
  • Address - Street Name: Oakland
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Spencer
  • Carrier Code: C005
  • 4-Digit Zip Code: 1519
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $379,200

    Appraisal Valuation

  • Standard Deviation: 0.1905
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 383,928
  • High Value: 457,081
  • Low Value: 310,774

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $331,500
  • Assessed Land Value: $57,300
  • Assessed Improvements Value: $274,200

    Sales

  • Current Sale Recording Date: Jun 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 59562
  • Previous Sale Recording Date: Nov 29, 2005
  • Previous Sale Amount: $222,000
  • 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

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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: 4 months ago
Data Source: MLS PIN, MLS# 71959847

Frequently Asked Questions

When was property at 4 Oakland Drive built and last sold?
The property at 4 Oakland Drive was built in 1975 and last sold on Jan 1, 1970 for $230,000.
How much is this home worth?
The estimated value of the home located at 4 Oakland Drive is $254,255.
What are some comparable homes to 4 Oakland Drive?
There are currently no comparable homes to 4 Oakland Drive.
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