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Worcester
45 Spruce Road
$275,000
● House - Off Market

45 Spruce Road

Westminster, MA 01473
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$504,376
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Title V approved and waiting for a new family to make their memories here!  Beautifully updated kitchen, formal dining and living rooms, family room with skylights and patio doors are just a few of the amenities found in this home.  Great home for the hobbyist with two outbuildings, a two car garage, and walk-up attic above the garage. Wonderful location !
Unit Size
2,000 Ft²
Days on Market
-
Land Size
1.99 acres
Price per sqft
$140
Property Type
House
Property Taxes
$386
HOA Dues
-
Year Built
1977

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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 #71728569)

Price History

Date / Event Date Event Price
Apr 3, 2015 Sold
Premium
Sold
Aug 13, 2014 Listed by RE/MAX Property Promotions $279,000
Listed by RE/MAX Property Promotions
Apr 27, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 86,871
  • Total Building Area: 1,895
  • Gross Building Area: 4,696
  • Building Area: 1,895
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,895
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001994
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ashburnham-Westminster School District
  • School Tax School District: ASHBRNHM-WMINSR
  • Census Tract: 708100

Geography

  • Account Number: 291
  • Parcel: WMIN M:160 B: L:22
  • Lot: 22
  • Municipality: WESTMINSTER
  • Latitude: 42.5237
  • Longitude: -71.9162

    Address

  • Full Address: 45 Spruce Rd
  • Address - House Number: 45
  • Address - Street Name: Spruce
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westminster
  • Carrier Code: R002
  • 4-Digit Zip Code: 1506
  • Zip Code: 01473

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $528,300

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 514,574
  • High Value: 605,694
  • Low Value: 423,454

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $404,500
  • Assessed Land Value: $124,800
  • Assessed Improvements Value: $279,700

    Sales

  • Current Sale Recording Date: Apr 03, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4583
  • Previous Sale Recording Date: Apr 27, 1995
  • Previous Sale Amount: $155,000
  • 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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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# 71728569

Frequently Asked Questions

When was property at 45 Spruce Road built and last sold?
The property at 45 Spruce Road was built in 1977 and last sold on Jan 1, 1970 for $275,000.
How much is this home worth?
The estimated value of the home located at 45 Spruce Road is $297,044.
What are some comparable homes to 45 Spruce Road?
There are currently no comparable homes to 45 Spruce Road.
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