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Spencer 01562
56 Valley St
$217,500
● House - Off Market

56 Valley St

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,388 Ft²
$381,450
RealtyHop Estimate
76.60%
Since Aug 1, 2005
National-US
Primary Model

About This Property

Affordable and neat as a pin RANCH ... many renovations in past couple of year ...new gas boiler ....recent water heater ...all new tile in bathroom ... freshly painted and ready for new family ....GLA does not include Family Rm in lower level ...Nice flat back yard ...Garage is not being used ...  Great commuter local ... close to all major routes including MA Pike  First showing at Open House Sunday March 6th
Unit Size
1,388 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$156
Property Type
House
Property Taxes
$119
HOA Dues
-
Year Built
1952

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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: 5 months ago (MLSPIN #70152231)

Price History

Date / Event Date Event Price
Jul 13, 2005 Sold
Premium
Sold
Mar 1, 2005 Listed by Keller Williams Realty $216,000
Listed by Keller Williams Realty
Apr 9, 2001 Sold
Premium
Sold
Aug 22, 2000 Listed by Keller Williams Realty $132,900
Listed by Keller Williams Realty

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • 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: 18,803
  • Total Building Area: 1,360
  • Gross Building Area: 3,080
  • Building Area: 1,360
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,360
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALLEY STREET EXT FORM A
  • Land Acres: 0000000432
  • 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:00U08 B:00106 L:00002
  • Block: 106
  • Lot: 2
  • Municipality: SPENCER
  • Latitude: 42.2392
  • Longitude: -71.9994

    Address

  • Full Address: 56 Valley St
  • Address - House Number: 56
  • Address - Street Name: Valley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Spencer
  • Carrier Code: C001
  • 4-Digit Zip Code: 2144
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $360,500

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 389,238
  • High Value: 470,027
  • Low Value: 308,449

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $315,100
  • Assessed Land Value: $41,200
  • Assessed Improvements Value: $273,900

    Sales

  • Current Sale Recording Date: Jul 13, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00113066
  • Previous Sale Recording Date: Apr 09, 2001
  • Previous Sale Amount: $130,000
  • 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:

$390,000

Sale Price/ft²

$224

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2666 ft²

Average Home Age

121.1 years

Currently For Sale

7 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: 5 months ago
Data Source: MLS PIN, MLS# 70152231

Frequently Asked Questions

When was property at 56 Valley Street built and last sold?
The property at 56 Valley Street was built in 1952 and last sold on Jan 1, 1970 for $217,500.
How much is this home worth?
The estimated value of the home located at 56 Valley Street is $221,300.
What are some comparable homes to 56 Valley Street?
There are currently no comparable homes to 56 Valley Street.
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