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Spencer 01562
62 Temple St.
$205,000
● House - Off Market

62 Temple St.

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,428 Ft²
$319,542
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Nice quiet area close to town and highway ! This 1985 cape features six  rooms, three bedrooms and two full baths.There is an eat in kitchen, separate dining room, living room and full bath on the first floor. The second floor has two additional bedrooms and another full bath. There is a full basement with laundry hook ups. All of this on a large 2 acre parcel for peace and privacy. This property qualifies for USDA financing and can be purchased with no money down. ******SELLER WILL MAKE REPAIRS NEEDED TO QUALIFY FOR FHA VA USDA********
Unit Size
1,428 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$140
Property Type
House
Property Taxes
$208
HOA Dues
-
Year Built
1985

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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 #72133729)

Price History

Date / Event Date Event Price
Jul 27, 2017 Sold
Premium
Sold
Mar 21, 2017 Listed by RE/MAX Advantage 1 $199,900
Listed by RE/MAX Advantage 1
Dec 2, 2008 Sold
Premium
Sold
Jun 9, 2008 Listed by RE/MAX Advantage 1 $204,900
Listed by RE/MAX Advantage 1
Nov 16, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 87,007
  • Total Building Area: 1,550
  • Gross Building Area: 2,689
  • Building Area: 1,550
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,550
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001997
  • 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:00U02 B:00066 L:00000
  • Block: 66
  • Municipality: SPENCER
  • Latitude: 42.2363
  • Longitude: -71.9936

    Address

  • Full Address: 62 Temple St
  • Address - House Number: 62
  • Address - Street Name: Temple
  • Address - Suffix Type: St
  • State: MA
  • City Name: Spencer
  • Carrier Code: C007
  • 4-Digit Zip Code: 2552
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $344,900

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 371,585
  • High Value: 445,177
  • Low Value: 297,994

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $301,500
  • Assessed Land Value: $53,000
  • Assessed Improvements Value: $248,500

    Sales

  • Current Sale Recording Date: Jul 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 80516
  • Previous Sale Recording Date: Dec 02, 2008
  • Previous Sale Amount: $195,000
  • 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:

$399,900

Sale Price/ft²

$237

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1684 ft²

Average Home Age

94 years

Currently For Sale

10 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# 72133729

Frequently Asked Questions

When was property at 62 Temple Street built and last sold?
The property at 62 Temple Street was built in 1985 and last sold on Jan 1, 1970 for $203,000.
How much is this home worth?
The estimated value of the home located at 62 Temple Street is $207,919.
What are some comparable homes to 62 Temple Street?
There are currently no comparable homes to 62 Temple Street.
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