Lot 3 I Capen Rd, Spencer MA 01562
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20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
UPDATE 10/8/26: Well is installed and producing ample water supply for single family home! READY-TO-BUILD OPPORTUNITY! Skip much of the costly and time-consuming preliminary work that comes with developing a vacant lot. This Spencer parcel offers a major head start for a builder, contractor, or buyer looking to build a new home, with key approvals and documentation already in place.The property has an approved 3-bedroom septic design, well permit, ORAD, and Order of Conditions already recorded. That means valuable groundwork has been taken care of, saving the next owner months of planning, permitting, engineering, and associated costs compared with starting the process from scratch. Buyer can move forward with the next phase by applying for the building permit and begin turning the plans into a finished home. Easy access to Route 9 provides a convenient connection to Worcester and surrounding communities.
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Price Increased
Oct 8, 2026Price Reduced
Sep 22, 2026Price Reduced
Sep 15, 2026Listed for Sale
Aug 27, 2026| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/08/2026 | ↑ Price Increased | $115,000 | +$20,000 | - | From $95,000 to $115,000 (+21.1%) |
| 09/22/2026 | ↓ Price Reduced | $95,000 | $5,000 | - | From $100,000 to $95,000 (-5.0%) |
| 09/15/2026 | ↓ Price Reduced | $100,000 | $5,000 | - | From $105,000 to $100,000 (-4.8%) |
| 08/27/2026 | 🏠 Listed for Sale | $105,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $724 | $65,900 |
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Lot 3 I Capen Rd, Spencer MA 01562
Spencer, MA 01562
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