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Worcester
622 Spencer Rd.
Photo of 622 Spencer Rd.

38

Map

Photo of 622 Spencer Rd.
Photo of 622 Spencer Rd.
$595,000
● House - In Contract

622 Spencer Rd.

Oakham, MA 01068
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,202 Ft²
$3,406
Est. Monthly

About This Property

Reduced price on a spectacular country estate featuring 15 private acres. The three-bedroom, two-bathroom main home has been meticulously restored with modern updates. The property includes a mix of open fields and wooded areas, offering plenty of space to add a barn and paddock for horses. Additional features include:   - A private office over the 2-car garage, ideal for working from home.  - A 24x24 detached building in the backyard, perfect for a craft studio or private retreat. This property has a tremendous amount to offer, and the sellers are willing to include some of the furnishings. Please let me know if you would like to schedule a time to view this exceptional estate.
Unit Size
2,202 Ft²
Days on Market
-
Land Size
15.00 acres
Price per sqft
$270
Property Type
House
Property Taxes
$484
HOA Dues
-
Year Built
1900

Listed By

James Lovett
Century 21 North East

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Cap Rate Calculator

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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: 26 days ago (MLSPIN #73531264)

Price History

Date / Event Date Event Price
Sep 5, 2026 In contract -
In contract
Sep 1, 2026 Price Decreased $595,000
↓ $285K (32.4%)
Price Decreased
Aug 12, 2026 Price Decreased $880,000
↓ $115K (11.6%)
Price Decreased
Jun 6, 2026 Listed by Century 21 North East $995,000
Listed by Century 21 North East
Jul 30, 2019 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street
Garage Spaces: 2
Open Parking Spaces: 6
Interior Details
Full Bathrooms: 2
Interior Features: Office
Appliances: Tankless Water Heater, Range, Microwave, Refrigerator
Flooring Type: Wood, Carpet
Laundry Features: In Basement
Rooms: 8
Has Fireplace
Fireplaces: 1
Basement: Partial, Crawl Space
Exterior Details
Square Footage: 2202
Architectural Style: Cape, Antique
Year Built Source: Public Records
Year Built: 1770
Building Area Total: 2202
Building Area Units: Square Feet
Construction Materials: Frame, Post & Beam
Patio and Porch Features: Covered, Deck - Roof
Lot Features: Wooded, Cleared, Other, Easements
Lot Size Area: 15
Lot Size Units: Acres
Lot Size Acres: 15
Lot Size Square Feet: 653400
Water Source: Private
Financial Details
Tax Assessed Value: $484,030
Tax Annual Amount: $5,811
Utilities Details
Cooling Type: None
Heating Type: Central, Baseboard, Oil
Sewer : Private Sewer

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,344
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 653,400
  • Total Building Area: 2,202
  • Gross Building Area: 5,744
  • Building Area: 2,202
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,202
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000015000
  • Standard Land Use Code: 1008
  • County Land Use Code: 016

Neighborhood

  • School District Name: Quabbin School District
  • Census Tract: 721101

Geography

  • Account Number: 412-2
  • District: 222
  • Parcel: OAKH M:4120 B:0000 L:00020
  • Lot: 20
  • Municipality: OAKHAM
  • Latitude: 42.3261
  • Longitude: -72.024

    Address

  • Full Address: 622 Spencer Rd
  • Address - House Number: 622
  • Address - Street Name: Spencer
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Oakham
  • Carrier Code: R002
  • 4-Digit Zip Code: 9876
  • Zip Code: 01068

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $523,400

    Appraisal Valuation

  • Standard Deviation: 0.1372
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 84
  • Final Value: 543,830
  • High Value: 618,474
  • Low Value: 469,186

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $472,390
  • Assessed Land Value: $130,190
  • Assessed Improvements Value: $342,200

    Sales

  • Current Sale Contract Date: Jul 17, 2019
  • Current Sale Recording Date: Jul 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 74469
  • Previous Sale Recording Date: Jun 03, 1996
  • Previous Sale Amount: $27,961
  • 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:

$499,900

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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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Click here to view more rentals in the neighborhood.
Last Updated: 26 days ago
Data Source: MLS PIN, MLS# 73531264

Frequently Asked Questions

When was property at 622 Spencer Road built and last sold?
The property at 622 Spencer Road was built in 1900 and last sold on Jul 17, 2019 for $6,500.
How much is this home worth?
The estimated value of the home located at 622 Spencer Road is $603,252.
What are some comparable homes to 622 Spencer Road?
There are currently no comparable homes to 622 Spencer Road.
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