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Bean Group
Offered at $115,000Active
beds
—
baths
—
sq ft
—
Built
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Lot 3 I Capen Rd

Spencer, MA 01562

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. Note: Build to suit option available upon request.

Listing last checked: Listing updated:

Listed by Krystal Hansen · Castinetti Realty Group · MLS #73569099

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Details at a glance

Interior1 property facts
Basement
Not reported
Building1 property facts
Style
Residential
Land & utilities5 property facts
Lot size
4.84 acres
Water
Private
Sewer
Private Sewer, Perc Test On File
Pool
Not reported
Zoning
RR
Financial2 property facts
Annual taxes
$724
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $115,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$642 / monthAdjust
Principal & interest
$582
Property tax
$60
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $724. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Automated value estimate $105,632

Estimated range $96,394–$114,871.

Automated estimates are not appraisals or guarantees of market value.

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Comparable properties 3 supplied

Sold Aug 31, 2026

$120,000

0 Bell Rd Lot 9b

Sold Jul 28, 2026

$110,000

28 Hudson Rd

Sold Jul 28, 2026

$110,000

24 Hudson Rd

Photo-based condition insights

Overall presentation: poor

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About Lot 3 I Capen Rd

Can I request a private showing?

Request a tour of Lot 3 I Capen Rd and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.