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Spencer 01562
80 Cherry St
$235,000
● House - Off Market

80 Cherry St

Spencer, MA 01562
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,475 Ft²
$347,172
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Pristine Ranch style home ready for immediate occupancy. This home is located on a level lot with plenty of privacy. The attached garage leads into a bonus sunroom!! The kitchen has been completely upgraded complimented with stainless steel appliances!! Looking for a home with additional living space? The home offers a generous finished lower level area as well as an office/bedroom! Schedule your showing today and close before the holidays! Showings to begin at Open House Sunday 8/26/18 from 11:00am-1:00pm.
Unit Size
1,475 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$156
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1959

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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: 5 months ago (MLSPIN #72382793)

Price History

Date / Event Date Event Price
Sep 28, 2018 Sold
Premium
Sold
Aug 22, 2018 Listed by RE/MAX Prof Associates $229,500
Listed by RE/MAX Prof Associates
Jun 28, 2006 Sold
Premium
Sold
Apr 3, 2006 Listed by RE/MAX Prof Associates $249,900
Listed by RE/MAX Prof Associates

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 11,535
  • Total Building Area: 988
  • Gross Building Area: 2,783
  • Building Area: 988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 988
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000265
  • 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:00U06 B:00154 L:00000
  • Block: 154
  • Municipality: SPENCER
  • Latitude: 42.2457
  • Longitude: -71.9836

    Address

  • Full Address: 80 Cherry St
  • Address - House Number: 80
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: MA
  • City Name: Spencer
  • Carrier Code: C004
  • 4-Digit Zip Code: 2213
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $354,300

    Appraisal Valuation

  • Standard Deviation: 0.2065
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 352,510
  • High Value: 425,306
  • Low Value: 279,714

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $309,700
  • Assessed Land Value: $41,700
  • Assessed Improvements Value: $268,000

    Sales

  • Current Sale Recording Date: Sep 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 103357
  • Previous Sale Recording Date: Jun 28, 2006
  • Previous Sale Amount: $254,900
  • 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 Spencer

Stats & Trends

Median Asking:

$392,500

Sale Price/ft²

$237

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2696 ft²

Average Home Age

111.4 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72382793

Frequently Asked Questions

When was property at 80 Cherry Street built and last sold?
The property at 80 Cherry Street was built in 1959 and last sold on Jan 1, 1970 for $235,000.
How much is this home worth?
The estimated value of the home located at 80 Cherry Street is $238,917.
What are some comparable homes to 80 Cherry Street?
There are currently no comparable homes to 80 Cherry Street.
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