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Worcester 01562
76 Thompson Pond Rd
$140,000
● House - Off Market

76 Thompson Pond Rd

Spencer, MA 01562
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,492 Ft²
$131,674
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Here's your next project! Located very close to beautiful Thompson Pond and the Spencer State forest, this property offers an acre of land on a corner lot! Easy to show. Please note, this property is open to owner occupant offers for the first 20 calendar days. Please read the attachment before calling with questions or offers. All offers highest and best by Monday, July 10 at 5pm with attached multi offer form.
Unit Size
1,492 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$89
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1954

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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 #73131288)

Price History

Date / Event Date Event Price
Sep 12, 2023 Sold
Premium
Sold
Jul 13, 2023 In contract -
In contract
Jul 1, 2023 Listed by Its My Real Estate $132,500
Listed by Its My Real Estate
Jun 20, 2023 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 43,560
  • Total Building Area: 1,492
  • Gross Building Area: 3,979
  • Building Area: 1,492
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,492
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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: 726100

Geography

  • Parcel: SPEN M:00U36 B:00004 L:00000
  • Block: 4
  • Municipality: SPENCER
  • Latitude: 42.2974
  • Longitude: -71.9658

    Address

  • Full Address: 76 Thompson Pond Rd
  • Address - House Number: 76
  • Address - Street Name: Thompson Pond
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Carrier Code: R001
  • 4-Digit Zip Code: 2921
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $375,200

    Appraisal Valuation

  • Standard Deviation: 0.1956
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 321,274
  • High Value: 384,138
  • Low Value: 258,410

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $328,000
  • Assessed Land Value: $54,100
  • Assessed Improvements Value: $273,900

    Sales

  • Current Sale Contract Date: Jul 31, 2023
  • Current Sale Recording Date: Sep 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75736
  • Previous Sale Recording Date: Jun 20, 2023
  • Previous Sale Contract Date: May 26, 2023
  • Previous Sale Amount: $288,404
  • Previous Sale Document Type: 34
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

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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# 73131288

Frequently Asked Questions

When was property at 76 Thompson Pond Road built and last sold?
The property at 76 Thompson Pond Road was built in 1954 and last sold on Jul 31, 2023 for $140,000.
How much is this home worth?
The estimated value of the home located at 76 Thompson Pond Road is $147,590.
What are some comparable homes to 76 Thompson Pond Road?
There are currently no comparable homes to 76 Thompson Pond Road.
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