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$105,000

Active

Lot 3 I Capen Rd

Spencer, MA, 01562

Land · MLS #73569099

Days on market

5 days

Lot size

4.84 ac

4.84 acres

Lot

About this 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 completed. 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.

Location

Lot 3 I Capen Rd, Spencer, MA, 01562

Property details

Road type
Public
Electric
220 Volts

Listed by Krystal Hansen · Castinetti Realty Group

Schedule a showing

Lot 3 I Capen Rd

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$689 / month

Down payment20% · $21,000
Interest rate6.66%

Loan term

Principal & interest
$540
Property tax
$105
Home insurance
$44

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).

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