407 MainSpencer, MA 01562

Property Details for 407 Main

Year built

1992

Construction

FRAME

Lot size

1.40 AC

Property size (Sq ft)

13,099 SF

Property type

Office properties

Property subtype

Office buildings

APN

SPEN M:00R35 B:00033 L:00000

APU

SPENM00R35B00033L00000

• CAP approach

  CAP return

  Valuation

  6%

  $2,165,656

  6.5%

  $1,999,067

  7%

  $1,856,276

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,711,515

  Geo Method

  $1,711,515

• Alternative Use

  Use

  Valuation

  Residential

  $2,478,843

  Hospitality

  $2,270,607

  Educational

  $1,889,118

  Medical

  $1,954,088

  Retail

  $2,938,628

Location Insight

City

Spencer

County

Worcester

State

Massachusetts

Latitude

42.2571

Longitude

-71.9595

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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