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Spencer 01562
69 Main St
$325,000
● House - Off Market

69 Main St

Spencer, MA 01562
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,368 Ft²
$323,180
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

What a wonderful completely remodeled 4 bedroom 2 bath home!! Located walking distance to the center of town, this home offers everything you can ask for! The first floor boasts not only a first floor bedroom, a first floor full bath, but also a first floor laundry!! The kitchen has stylish and white shaker style cabinets, along with subway tile backsplash, and granite counters not to mention stainless appliances! The second floor has TONS of space featuring 3 bedrooms, and another full bath! Renovations done in 2020 include, new kitchen with soft close cabinets, high efficiency gas heating and Central AC, roof approx 2018!! Front porch is a great spot to have your morning coffee! This is turnkey and ready for a new owner!
Unit Size
1,368 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$238
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1860

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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: 4 months ago (MLSPIN #73134353)

Price History

Date / Event Date Event Price
Aug 29, 2023 Sold
Premium
Sold
Jul 25, 2023 In contract -
In contract
Jul 10, 2023 Listed by RE/MAX Bell Park Realty $325,000
Listed by RE/MAX Bell Park Realty
Feb 12, 2021 Sold
Premium
Sold
Dec 12, 2020 Listed by RE/MAX Bell Park Realty $285,000
Listed by RE/MAX Bell Park Realty
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 5,800
  • Total Building Area: 1,368
  • Gross Building Area: 2,287
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000133
  • 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:00U13 B:00051 L:00000
  • Block: 51
  • Municipality: SPENCER
  • Latitude: 42.2434
  • Longitude: -71.9979

    Address

  • Full Address: 69 Main St
  • Address - House Number: 69
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Spencer
  • Carrier Code: C006
  • 4-Digit Zip Code: 2136
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $347,700

    Appraisal Valuation

  • Standard Deviation: 0.2334
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 53
  • Final Value: 340,886
  • High Value: 420,481
  • Low Value: 261,290

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $303,900
  • Assessed Land Value: $34,900
  • Assessed Improvements Value: $269,000

    Sales

  • Current Sale Contract Date: Aug 29, 2023
  • Current Sale Recording Date: Aug 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 71656
  • Previous Sale Recording Date: Feb 12, 2021
  • Previous Sale Contract Date: Feb 11, 2021
  • Previous Sale Amount: $289,000
  • 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 Spencer

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$236

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1699 ft²

Average Home Age

84.4 years

Currently For Sale

8 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# 73134353

Frequently Asked Questions

When was property at 69 Main Street built and last sold?
The property at 69 Main Street was built in 1860 and last sold on Aug 29, 2023 for $325,000.
How much is this home worth?
The estimated value of the home located at 69 Main Street is $325,470.
What are some comparable homes to 69 Main Street?
There are currently no comparable homes to 69 Main Street.
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