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Middlesex
7 Spencer Rd
$447,500
● House - Off Market

7 Spencer Rd

Acton, MA 01720
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$724,403
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Need to get in to see how spacious this home is. Mint condition, new kitchen, flooring, siding, roof and septic system all recent. New landscaping and paved driveways - there are 2 driveways. Sup pump system is 3 pump system with battery backup. Whole house generator. Superstore hot water storage tank. There is storage area on lower level. New septic system just installed. New driveways and landscaping contracted for. Home in mint condition.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.84 acres
Price per sqft
$284
Property Type
House
Property Taxes
$626
HOA Dues
-
Year Built
1960

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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 #72165819)

Price History

Date / Event Date Event Price
Sep 6, 2017 Sold
Premium
Sold
May 17, 2017 Listed by Century 21 North Shore/Storrs & DeNault $454,900
Listed by Century 21 North Shore/Storrs & DeNault

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 36,522
  • Total Building Area: 1,200
  • Gross Building Area: 1,824
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000838
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Acton-Boxborough Regional School District
  • School Tax School District: ACTN-BOXBORO SD
  • Census Tract: 363202

Geography

  • Parcel: ACTO M:00F2 B:0134 L:0000
  • Block: 134
  • Municipality: ACTON
  • Latitude: 42.4726
  • Longitude: -71.4611

    Address

  • Full Address: 7 Spencer Rd
  • Address - House Number: 7
  • Address - Street Name: Spencer
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Acton
  • Carrier Code: C005
  • 4-Digit Zip Code: 2824
  • Zip Code: 01720

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,023,200

    Appraisal Valuation

  • Standard Deviation: 0.1572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 697,075
  • High Value: 806,663
  • Low Value: 587,488

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $613,800
  • Assessed Land Value: $326,900
  • Assessed Improvements Value: $286,900

    Sales

  • Current Sale Recording Date: Sep 06, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 144109
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 Middlesex

Stats & Trends

Median Asking:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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# 72165819

Frequently Asked Questions

When was property at 7 Spencer Road built and last sold?
The property at 7 Spencer Road was built in 1960 and last sold on Jan 1, 1970 for $447,500.
How much is this home worth?
The estimated value of the home located at 7 Spencer Road is $472,796.
What are some comparable homes to 7 Spencer Road?
There are currently no comparable homes to 7 Spencer Road.
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