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Worcester 01562
61 Paxton Rd
$277,000
● House - Off Market

61 Paxton Rd

Spencer, MA 01562
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,128 Ft²
$562,695
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model

About This Property

Bright and happy home w/ smart floor-plan that affords privacy upstairs + superb entertaining on the main level! Formal DR! Open kitchen with island! Front-to-back LR with wood-burning FP! Elegant 2-story front entrance! HUGE master suite w/ bath and walk-in closet! 2nd floor laundry!  2 car gar with storage! Quality 1st fl carpet upgrades. Tied into public sewer! Expanded deck means you can move the party outside in the summer! 4th br + 3rd full bath in LL.
Unit Size
2,128 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$136
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1997

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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 #71493067)

Price History

Date / Event Date Event Price
Sep 27, 2013 Sold
Premium
Sold
Mar 13, 2013 Listed by Keller Williams Realty Greater Worcester $289,000
Listed by Keller Williams Realty Greater Worcester
Mar 4, 2004 Sold
Premium
Sold
Jul 30, 2003 Listed by ERA Key Realty Services- Spenc $354,900
Listed by ERA Key Realty Services- Spenc
BEAUTIFUL COLONIAL WITH HARDWOODS,SUNKEN LIVINGROOM,GOURMET KITCHEN W/CENTER ISLAND,FORMAL DININGROOM. GREAT OPEN FLOOR PLAN. MASTER SUITE,FINISHED BASEMENT HAS BEDROOM & BATH. CENTRAL AIR,CENT. VAC. MUCH MORE! NOT THE TYPICAL COLONIAL!

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 45,000
  • Total Building Area: 2,128
  • Gross Building Area: 3,732
  • Building Area: 2,128
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,128
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001033
  • 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: 726100

Geography

  • Parcel: SPEN M:00R37 B:00003 L:00004
  • Block: 3
  • Lot: 4
  • Municipality: SPENCER
  • Latitude: 42.2626
  • Longitude: -71.9768

    Address

  • Full Address: 61 Paxton Rd
  • Address - House Number: 61
  • Address - Street Name: Paxton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Carrier Code: C005
  • 4-Digit Zip Code: 1515
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $514,900

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 511,481
  • High Value: 596,901
  • Low Value: 426,061

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $450,100
  • Assessed Land Value: $54,500
  • Assessed Improvements Value: $395,600

    Sales

  • Current Sale Recording Date: Sep 27, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 117223
  • Previous Sale Recording Date: Sep 27, 2013
  • Previous Sale Amount: $277,000
  • Previous Sale Document Type: O
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

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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# 71493067

Frequently Asked Questions

When was property at 61 Paxton Road built and last sold?
The property at 61 Paxton Road was built in 1997 and last sold on Jan 1, 1970 for $277,000.
How much is this home worth?
The estimated value of the home located at 61 Paxton Road is $304,638.
What are some comparable homes to 61 Paxton Road?
There are currently no comparable homes to 61 Paxton Road.
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