39 Chickering Rd Spencer — Photo 1 of 34
$275,000
Investment Analysis — 39 Chickering Rd
Spencer, MA 01562
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01562 carries an estimated $1,290/mo in gross rent — about a 3.68% cap rate and $10,119/yr in estimated NOI at the $275,000 list price. Adjust every assumption in the calculator below.
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Discover a rare opportunity to build your custom dream home on 13.06 wooded acres in Spencer MA. Situated on a tranquil body of water adjacent to the popular Stiles Reservoir. Whether you are looking for a peaceful year- round retreat or a secluded, natural oasis to enjoy all four seasons of New England, this lush landscape provides a perfect blank canvas. The property boasts excellent accessibility with frontage on a publicly maintained, paved road and electricity available at the street. While the lot offers deep, wooded seclusion, it remains easily accessible via Clark Road or Pine Street. Bring your builder, architect, and your vision to 39 Chickering Road to capitalize on a buildable lot that rarely hits the market.
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 MLS and other third-party data may be inaccurate or out of date.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
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Listing Agent: Nicholas Abdow
Listing Office: Keller Williams Realty
MLS® Number: 73566310