$390,000
↓ $8K (1.9%)
●
House -
For Sale
52 Cherry Street
Spencer, MA 01562
4 Beds
1 Bath,
1
Half Bath
2,210 Ft²
$2,213
Est. Monthly
About This Property
9/10/2026... NEW PRICE... There is so much space in this Gracious
Home offering 4 levels for a versatile floor plan. Do you
need a 1st flr Primary Bedroom? Check. Do you need a
Home Office? Check. Do you need a dedicated space for a gym?
Check. And there is so much more... The
Renovated Kitchen with stainless steel appliances was completed
last year (2025). The Electrical system was just upgraded
including the new electrical service to the house (2025).
Home is heated by natural gas and the Refurbished Boiler with new
components. Very Large Full bathroom wi/separate sinks &
shower areas for those busy mornings. Looking for a home with
nice outdoor space for the warmer weather days & evenings?
There are Two large decks to enjoy all your outdoor activities.
The walkout lower level gives so much space for additional
square footage. Beautiful wide pine floors in many rooms.
Call today for your private appointment. Audio and
Video are present at the property. Entry is consent.
Unit Size
2,210 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$176
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1860
Listed By
Cynthia Walsh MacKenzie
Century 21 I & V Walsh R.E.
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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: 10 days ago (MLSPIN #73531506)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2026 | Price Decreased |
$390,000
↓ $8K
(1.9%) | |
| Price Decreased | |||
| Jun 24, 2026 | Price Decreased |
$397,500
↓ $1K
(0.4%) | |
| Price Decreased | |||
| Jun 8, 2026 | Listed by Walsh and Associates Real Estate | $398,900 | |
| Listed by Walsh and Associates Real Estate | |||
| Jun 16, 2016 | Sold | ||
| Sold | |||
| Feb 5, 2016 | Listed by Walsh and Associates Real Estate | $160,000 | |
| Listed by Walsh and Associates Real Estate | |||
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Property Highlights
Garage
Parking Available
Parking Details
Has Open Parking
Parking Features: Paved, Off Street, Tandem
Open Parking Spaces: 4
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Home Office, Walk-up Attic
Appliances: Gas Water Heater, Range, Dishwasher, Refrigerator
Flooring Type: Wood, Vinyl, Carpet
Laundry Features: In Basement
Rooms: 8
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Unfinished
Exterior Details
Square Footage: 2210
Architectural Style: Cape
Year Built Source: Public Records
Year Built: 1860
Building Area Total: 2210
Building Area Units: Square Feet
Patio and Porch Features: Porch, Deck
Lot Size Area: 0.29
Lot Size Units: Acres
Lot Size Acres: 0.29
Lot Size Square Feet: 12746
Water Source: Public
Financial Details
Tax Assessed Value: $325,300
Tax Annual Amount: $3,572
Utilities Details
Cooling Type: None
Heating Type: Steam, Natural Gas, Electric
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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