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Worcester 01562
97 Meadow Rd
$188,000
● House - Off Market

97 Meadow Rd

Spencer, MA 01562
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,720 Ft²
$287,268
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Priced to sell, Property sold as is. Needs some TLC. Great 2+ acre lot, including over 600 feet on the 7 mile river. Updated bath with cathedral ceiling and skylight. Spacious rooms, large living room. sliders to 13x18 deck! Good sized bedrooms. 2 more finished rooms in basement. 200amp electric
Unit Size
1,720 Ft²
Days on Market
-
Land Size
2.03 acres
Price per sqft
$110
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1962

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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 #72363757)

Price History

Date / Event Date Event Price
Sep 6, 2018 Sold
Premium
Sold
Jul 17, 2018 Listed by The LUX Group $189,900
Listed by The LUX Group
Aug 17, 2007 Sold
Premium
Sold
Jul 5, 2007 Listed by The LUX Group $209,900
Listed by The LUX Group

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • 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: 88,314
  • Total Building Area: 1,320
  • Gross Building Area: 2,923
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002027
  • 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:00U21 B:00064 L:00000
  • Block: 64
  • Municipality: SPENCER
  • Latitude: 42.2522
  • Longitude: -72.0051

    Address

  • Full Address: 97 Meadow Rd
  • Address - House Number: 97
  • Address - Street Name: Meadow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Carrier Code: C001
  • 4-Digit Zip Code: 1636
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $344,300

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 346,117
  • High Value: 414,665
  • Low Value: 277,569

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $301,000
  • Assessed Land Value: $58,700
  • Assessed Improvements Value: $242,300

    Sales

  • Current Sale Recording Date: Sep 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 94156
  • Previous Sale Recording Date: Aug 17, 2007
  • Previous Sale Amount: $200,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2401 ft²

Average Home Age

63.3 years

Currently For Sale

2000 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# 72363757

Frequently Asked Questions

When was property at 97 Meadow Road built and last sold?
The property at 97 Meadow Road was built in 1962 and last sold on Jan 1, 1970 for $188,000.
How much is this home worth?
The estimated value of the home located at 97 Meadow Road is $210,562.
What are some comparable homes to 97 Meadow Road?
There are currently no comparable homes to 97 Meadow Road.
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