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Worcester 01562
7 Cedar Road
Photo of 7 Cedar Road
Sold on Jun 25, 2026

12

Map

Photo of 7 Cedar Road
Photo of 7 Cedar Road
$255,000
● House - Off Market

7 Cedar Road

Spencer, MA 01562
bedrooms
2 Beds
bathrooms
1 Bath
square feet
560 Ft²
$1,467
Est. Monthly
$50
HOA / Fees

About This Property

**Passing Title V attached**Escape to your own slice of paradise! This quaint seasonal cottage sits on a beautiful Sugden Reservoir, an 87 acre lake, offering full recreational opportunities~from boating and fishing to swimming and kayaking. With 35 feet of coveted water frontage, this property is perfect for those looking to rehab or rebuild their lakefront retreat or getaway. Get ready for some summer fun!
Unit Size
560 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$446
Property Type
House
Property Taxes
$189
HOA Dues
$50
Year Built
1974

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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 #73500159)

Price History

Date / Event Date Event Price
Jun 25, 2026 Sold
Premium
Sold
Jun 5, 2026 In contract -
In contract
Apr 11, 2026 Listed by RE/MAX Vision $250,000
Listed by RE/MAX Vision
Jun 16, 2022 Sold
Premium
Sold
May 16, 2022 Listed by RE/MAX Vision $130,000
Listed by RE/MAX Vision

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 18
  • 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: 8,646
  • Total Building Area: 380
  • Gross Building Area: 1,120
  • Building Area: 380
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 380
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000198
  • 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:00U33 B:00027 L:00000
  • Block: 27
  • Municipality: SPENCER
  • Latitude: 42.2744
  • Longitude: -71.9713

    Address

  • Full Address: 7 Cedar Rd
  • Address - House Number: 7
  • Address - Street Name: Cedar
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $214,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1891
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 228,389
  • High Value: 271,579
  • Low Value: 185,198

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $187,800
  • Assessed Land Value: $124,100
  • Assessed Improvements Value: $63,700

    Sales

  • Current Sale Contract Date: Jun 13, 2022
  • Current Sale Recording Date: Jun 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 65972
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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73500159

Frequently Asked Questions

When was property at 7 Cedar Road built and last sold?
The property at 7 Cedar Road was built in 1974 and last sold on Jun 13, 2022 for $140,000.
How much is this home worth?
The estimated value of the home located at 7 Cedar Road is $246,989.
What are some comparable homes to 7 Cedar Road?
There are currently no comparable homes to 7 Cedar Road.
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