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Spencer 01562
4 Sunset Lane
$176,000
● House - Off Market

4 Sunset Lane

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$334,668
RealtyHop Estimate
86.03%
Since Apr 1, 2005
National-US
Primary Model

About This Property

THREE BEDROOM RANCH ON A NICE LEVEL LOT WITH 1/3 ACRE OF LAND IN A NEIGHBORHOOD SETTING. HAS ONE CAR DETACHED GARAGE AND A GOOD SIZED DECK. PUBLIC TRANSPORTATION IS AVAILABLE WITHIN 1/2 MILE, WRTA TO WORCESTER. OWNER IS ANXIOUS, COME CHECK IT OUT NOW, MAKE AN OFFER.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$180
Property Type
House
Property Taxes
$112
HOA Dues
-
Year Built
1953

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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 #70124368)

Price History

Date / Event Date Event Price
Mar 30, 2005 Sold
Premium
Sold
Dec 7, 2004 Listed by RE/MAX Prof Associates $179,900
Listed by RE/MAX Prof Associates
Oct 15, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 12,158
  • Total Building Area: 960
  • Gross Building Area: 1,176
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000279
  • 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:00U06 B:00137 L:00000
  • Block: 137
  • Municipality: SPENCER
  • Latitude: 42.2454
  • Longitude: -71.9804

    Address

  • Full Address: 4 Sunset Ln
  • Address - House Number: 4
  • Address - Street Name: Sunset
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Spencer
  • Carrier Code: C004
  • 4-Digit Zip Code: 2340
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $266,700

    Appraisal Valuation

  • Standard Deviation: 0.2413
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 51
  • Final Value: 281,460
  • High Value: 349,377
  • Low Value: 213,542

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $233,100
  • Assessed Land Value: $46,100
  • Assessed Improvements Value: $187,000

    Sales

  • Current Sale Recording Date: Mar 30, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 48266
  • Previous Sale Recording Date: Oct 15, 1992
  • Previous Sale Amount: $85,000
  • 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 Spencer

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$236

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1699 ft²

Average Home Age

84.4 years

Currently For Sale

8 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# 70124368

Frequently Asked Questions

When was property at 4 Sunset Lane built and last sold?
The property at 4 Sunset Lane was built in 1953 and last sold on Jan 1, 1970 for $176,000.
How much is this home worth?
The estimated value of the home located at 4 Sunset Lane is $184,179.
What are some comparable homes to 4 Sunset Lane?
There are currently no comparable homes to 4 Sunset Lane.
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