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Spencer 01562
9 Bay Path
$212,000
● House - Off Market

9 Bay Path

Spencer, MA 01562
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,008 Ft²
$287,857
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

MLS Deferred showing till open House on Saturday 4/28/18 from 2- 330pm........ This wonderful move in ready ranch in a quiet neighborhood has an open floor plan. The main floor features a cabinet packed kitchen, master bedroom with slider and deck, there is an entertainment room also that has a slider and deck, this room has possible potential to be used a second  bedroom it does have a closet. Basement has 2 large finished rooms with electric baseboard heat and closets great for home office, playroom or extra bedrooms. Flat back yard is well maintained, with a shed and in ground pool, perfect for BBQ and entertaining. This home also has solar panels.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$188
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1975

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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 #72314386)

Price History

Date / Event Date Event Price
Jun 26, 2018 Sold
Premium
Sold
Apr 24, 2018 Listed by RE/MAX Prof Associates $189,900
Listed by RE/MAX Prof Associates
Aug 16, 2016 Sold
Premium
Sold
Jun 4, 2016 Listed by RE/MAX Prof Associates $179,000
Listed by RE/MAX Prof Associates

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 15,000
  • Total Building Area: 1,008
  • Gross Building Area: 2,276
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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:00U22 B:00085 L:00000
  • Block: 85
  • Municipality: SPENCER
  • Latitude: 42.2483
  • Longitude: -72.005

    Address

  • Full Address: 9 Bay Path Rd
  • Address - House Number: 9
  • Address - Street Name: Bay Path
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Carrier Code: C001
  • 4-Digit Zip Code: 1601
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $317,600

    Appraisal Valuation

  • Standard Deviation: 0.2065
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 344,820
  • High Value: 416,028
  • Low Value: 273,612

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $277,600
  • Assessed Land Value: $43,200
  • Assessed Improvements Value: $234,400

    Sales

  • Current Sale Recording Date: Jun 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63696
  • Previous Sale Recording Date: Aug 16, 2016
  • Previous Sale Amount: $174,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72314386

Frequently Asked Questions

When was property at 9 Bay Path Road built and last sold?
The property at 9 Bay Path Road was built in 1975 and last sold on Jan 1, 1970 for $212,000.
How much is this home worth?
The estimated value of the home located at 9 Bay Path Road is $192,131.
What are some comparable homes to 9 Bay Path Road?
There are currently no comparable homes to 9 Bay Path Road.
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