503 MainSpencer, MA 01562

Property Details for 503 Main

Year built

1930

Construction

FRAME

Lot size

4.13 AC

Property size (Sq ft)

5,347 SF

Property type

Office properties

Property subtype

Office buildings

APN

SPEN M:00R35 B:00049 L:00000

APU

SPENM00R35B00049L00000

• CAP approach

  CAP return

  Valuation

  6%

  $884,019

  6.5%

  $816,017

  7%

  $757,730

• Comparable approach

  Method

  Valuation

  Relative Method

  $698,639

  Geo Method

  $698,639

• Alternative Use

  Use

  Valuation

  Residential

  $1,011,862

  Hospitality

  $926,860

  Educational

  $771,136

  Medical

  $797,657

  Retail

  $1,199,546

Location Insight

City

Spencer

County

Worcester

State

Massachusetts

Latitude

42.2571

Longitude

-71.9562

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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