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Spencer 01562
99 Mechanic St
$221,000
● House - Off Market

99 Mechanic St

Spencer, MA 01562
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,655 Ft²
$347,117
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

Plenty of room in this updated 10 rm colonial with 4 large bedrooms, office space and a beautiful private yard. Great location on corner lot and walk to town. Decks all around with a fenced in yard and nice views. Open floor plan with kitchen/island, separate dining room, hardwood floors, carpeting in bedrooms. Two full baths which are updated, newer windows, furnace, pellet stove to keep you warm in the cold months. This home has been updated including electrical and plumbing. This is a must see home.
Unit Size
1,655 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$133
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1887

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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 #72254878)

Price History

Date / Event Date Event Price
Jan 19, 2018 Sold
Premium
Sold
Nov 13, 2017 Listed by Coldwell Banker Residential Brokerage - Shrewsbury $220,000
Listed by Coldwell Banker Residential Brokerage - Shrewsbury
Jul 29, 2011 Sold
Premium
Sold
Jun 13, 2011 Listed by Coldwell Banker Residential Brokerage - Shrewsbury $165,000
Listed by Coldwell Banker Residential Brokerage - Shrewsbury
Apr 7, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1887
  • Effective Year Built: 1887
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 10,702
  • Total Building Area: 1,720
  • Gross Building Area: 3,505
  • Building Area: 1,720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,720
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHGATE NORTHBORO SEC B
  • Land Acres: 0000000246
  • 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:00U02 B:00010 L:00000
  • Block: 10
  • Municipality: SPENCER
  • Latitude: 42.2383
  • Longitude: -71.9921

    Address

  • Full Address: 99 Mechanic St
  • Address - House Number: 99
  • Address - Street Name: Mechanic
  • Address - Suffix Type: St
  • State: MA
  • City Name: Spencer
  • Carrier Code: C007
  • 4-Digit Zip Code: 2564
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $351,200

    Appraisal Valuation

  • Standard Deviation: 0.2349
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 53
  • Final Value: 349,444
  • High Value: 431,528
  • Low Value: 267,359

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $307,000
  • Assessed Land Value: $41,300
  • Assessed Improvements Value: $265,700

    Sales

  • Current Sale Recording Date: Jan 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6153
  • Previous Sale Recording Date: Jul 29, 2011
  • Previous Sale Amount: $170,000
  • 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 Spencer

Stats & Trends

Median Asking:

$390,000

Sale Price/ft²

$223

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2778 ft²

Average Home Age

120 years

Currently For Sale

6 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: 5 months ago
Data Source: MLS PIN, MLS# 72254878

Frequently Asked Questions

When was property at 99 Mechanic Street built and last sold?
The property at 99 Mechanic Street was built in 1887 and last sold on Jan 1, 1970 for $221,000.
How much is this home worth?
The estimated value of the home located at 99 Mechanic Street is $222,711.
What are some comparable homes to 99 Mechanic Street?
There are currently no comparable homes to 99 Mechanic Street.
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