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Worcester 01607
56 Spofford Rd
$325,000
● House - Off Market

56 Spofford Rd

Worcester, MA 01607
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,429 Ft²
$334,178
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Awesome Commuter location! Adorable and well maintained Bungalow in Quinsigamond Village, excellent commuter location!! Large spacious eat in kitchen with great counter space, gas range and room to expand! Family room, office/den area and Brady sunroom off the back! Rustic farmhouse style main bedroom with wide pine floors and balcony, 2nd bedroom with walk in closet on 2nd floor! Main bedroom has mini split with A/C too!
Unit Size
1,429 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$220
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1927

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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 #73051864)

Price History

Date / Event Date Event Price
Dec 21, 2022 Sold
Premium
Sold
Nov 3, 2022 In contract -
In contract
Oct 25, 2022 Listed by RE/MAX Executive Realty $314,999
Listed by RE/MAX Executive Realty
Sep 24, 2007 Sold
Premium
Sold
Jun 1, 2007 Listed by RE/MAX Executive Realty $227,300
Listed by RE/MAX Executive Realty

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,064
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,429
  • Gross Building Area: 3,674
  • Building Area: 1,429
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,429
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENWOOD TERRACE
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732901

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 29-017-00181
  • Parcel: WORC M:29 B:017 L:00181
  • Block: 17
  • Lot: 181
  • Municipality: WORCESTER
  • Latitude: 42.2205
  • Longitude: -71.8019

    Address

  • Full Address: 56 Spofford Rd
  • Address - House Number: 56
  • Address - Street Name: Spofford
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C006
  • 4-Digit Zip Code: 1634
  • Zip Code: 01607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $457,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1926
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 393,917
  • High Value: 469,809
  • Low Value: 318,024

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $318,700
  • Assessed Land Value: $103,200
  • Assessed Improvements Value: $215,500

    Sales

  • Current Sale Contract Date: Dec 21, 2022
  • Current Sale Recording Date: Dec 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 134458
  • Previous Sale Recording Date: Sep 24, 2007
  • Previous Sale Amount: $215,000
  • 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:

$479,900

Sale Price/ft²

$268

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2354 ft²

Average Home Age

84 years

Currently For Sale

348 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73051864

Frequently Asked Questions

When was property at 56 Spofford Road built and last sold?
The property at 56 Spofford Road was built in 1927 and last sold on Dec 21, 2022 for $325,000.
How much is this home worth?
The estimated value of the home located at 56 Spofford Road is $318,680.
What are some comparable homes to 56 Spofford Road?
There are currently no comparable homes to 56 Spofford Road.
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