49 Wire Village Rd Spencer — Photo 1 of 14
$301,600
Investment Analysis — 49 Wire Village Rd
Spencer, MA 01562
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01562 carries an estimated $1,670/mo in gross rent — about a 3.99% cap rate and $12,027/yr in estimated NOI at the $301,600 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,004
Style
Single Family
Built
1967
Great setting for this ranch with farmers porch. Large lot with potential for two car garage. Large livingroom with vaulted ceiling open to cabinet packed kitchen. Use your imagination and build sweat equity with this gem. Buyer to do due diligence for agent nor seller has any history or information about this home. Seller is not going to do any repairs and the title 5 will be the responsibility of the buyer once they take ownership. Smoke inspection and detectors will be the responsibility of the buyer. This property will require cash sale or hard money lender.
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: 502 sq ft (the lesser of 900 sq ft or half the 1,004 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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstKitchen
Lvl FirstPrimary Bedroom
Lvl FirstBedroom 2
Lvl FirstProperty History
$301,600
Sep 16, 2026
MLS® 73578542
$218,628
Dec 24, 2024
MLS® 73315397
$218,628
Nov 24, 2024
MLS® 73315397
$218,628
Nov 22, 2024
MLS® 73293327
$218,628
Sep 21, 2024
MLS® 73293327
Listing Agent: Linda Hale
Listing Office: ERA Key Realty Services- Auburn
MLS® Number: 73578542
