Active
45 Days on market
1 Deer Run Rd Spencer — Photo 1 of 42

1 Deer Run Rd Spencer — Photo 1 of 42

Recent Drop: $20,000

$580,000
$560,000

$560,000

Investment Analysis — 1 Deer Run Rd

Spencer, MA 01562

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01562 carries an estimated $2,250/mo in gross rent — about a 2.73% cap rate and $15,276/yr in estimated NOI at the $560,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

1,872

Style

Single Family

Built

2004

Situated on a quiet street on over an acre of land, this spacious 4-bedroom, 2.5-bath Colonial with a 2-car garage offers the perfect combination of comfort, space, and functionality. The expansive kitchen features granite countertops, a center island, and ample cabinet and counter space, making it ideal for everyday living and entertaining. A flexible first-floor layout includes a living room, dining room, and a large family room with a fireplace and wood stove insert. Beautiful hardwood flooring runs throughout most of the main level, which also includes a convenient half bath with first-floor laundry. Upstairs, the generous primary suite offers a walk-in closet and private full bath, while three additional bedrooms and another full bathroom provide plenty of space for family or guests. The partially finished basement adds valuable bonus living space, perfect for a recreation room, home office, or gym. Outside, relax on the covered wood deck overlooking the flat backyard and garden area. Don't miss this fantastic opportunity—schedule your showing today!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 1,872 sq ft principal dwelling). Lot size: 45,436 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$580,000
Annual Taxes$5,244

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms8
Fireplaces1
FlooringVinyl, Carpet, Laminate, Hardwood, Flooring - Hardwood, Flooring - Wall to Wall Carpet
BasementFull, Partially Finished, Bulkhead, Concrete

Climate & Utilities

HeatingBaseboard, Electric Baseboard, Oil, Wood Stove
CoolingWall Unit(s), None
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRR

Property & Lot

Acres1.04
SqFt Lot45,436
Lot FeaturesGentle Sloping, Level

Amenities & Appliances

Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Park • Walk/Jog Trails • Stable(s) • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First

Flooring - Wall to Wall Carpet

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Deck - Exterior, Exterior Access

Family Room
Lvl First

Wood / Coal / Pellet Stove, Flooring - Hardwood

Master Bedroom
Lvl Second

Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Laminate

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Wall to Wall Carpet

Bedroom 4
Lvl Second

Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Vinyl, Dryer Hookup - Electric, Washer Hookup

Bathroom 2
Lvl Second

Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

Bathroom - Full, Flooring - Vinyl

Property History

Price Drop
$560,000

Was $580,000

Aug 25, 2026

MLS® 73554244

Listed
$580,000

Jul 29, 2026

MLS® 73554244

Listing Provided By

Listing Agent: Joseph Paoletti

Listing Office: Keller Williams Realty North Central

MLS® Number: 73554244