47 Bacon Hill Rd
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 27, 2024 | Sold | ||
| Sold | |||
| Dec 2, 2024 | In contract | - | |
| In contract | |||
| Nov 25, 2024 | Listed by EXIT Real Estate Executives | $349,900 | |
| Listed by EXIT Real Estate Executives | |||
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OFFER DEADLINE SUNDAY DEC 1 AT 5PM. Welcome to 47 Bacon Hill Road in Spencer, a 3-bedroom, 1-bath ranch nestled on just under 1.5 acres. Set far back from a quiet road, this property offers a peaceful retreat with an open backyard, perfect for relaxing, entertaining, or creating your dream outdoor space. Inside, the cozy living room flows seamlessly into a warm and inviting kitchen, both offering plenty of potential. The spacious bedrooms are filled with natural light from the many windows, creating a bright and cheerful atmosphere throughout. While the home needs some TLC, it’s a fantastic opportunity to customize it to your style. Situated near Route 9, Route 49, and the Mass Pike, with close proximity to Worcester, this property combines quiet living with convenient access to major routes and amenities.
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| Nov 25, 2009 | Sold | ||
| Sold | |||
| Mar 17, 2009 | Listed by EXIT Real Estate Executives | $200,000 | |
| Listed by EXIT Real Estate Executives | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017