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2 Days on market
24 Briarcliff Ln #B Spencer — Photo 1 of 41

24 Briarcliff Ln #B Spencer — Photo 1 of 41

$385,000

Investment Analysis — 24 Briarcliff Ln #B

Spencer, MA 01562

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01562 carries an estimated $1,670/mo in gross rent — about a 2.99% cap rate and $11,520/yr in estimated NOI at the $385,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

1,519

Style

Single Family

Built

1935

Finally an affordable home near the water! Make memories in the summer on the lake and breathe that Fall air as you sit and relax in your backyard or by the water watching the sunsets. This spacious and remodeled single family home is one of three homes converted to a condo on private 68 Acre Cranberry Meadow Pond! Enjoy the benefits that come with a condo association such as exterior repairs being covered and plowing in the winter. This home has exclusive access to the yard as well as deeded access to water. The lake is beautiful! Home features 5-6 rooms. First floor has a large eat-in kitchen with oak cabinets. Kitchen features cooking stove, dishwasher and fridge. Full bathroom on first floor as well as laundry and an office / study on the lakeside of the house. There is also a first-floor bedroom to take stairs out the equation and makes for easy one floor living! Second floor is one huge versatile room including a perfect area for an office overlooking the lake. Use as a family room or huge master bedroom as it is now. Architectural shingled roof done in 2013 and exterior was recently painted. Outsize there is an oversized deck and gathering area in the back yard. Tastefully renovated and remodeled throughout. Nothing left to do! If you want a great manageable home with water access and potential one level living take a look and you will not want to leave!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 760 sq ft (the lesser of 900 sq ft or half the 1,519 sq ft principal dwelling).

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$385,000
Annual Taxes$3,710

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms5
FireplacesNone
FlooringVinyl, Carpet
BasementNone

Climate & Utilities

HeatingForced Air
CoolingNone
WaterWell, Shared Well
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationSlab, Other
ZoningLR

Property & Lot

Acres--
SqFt Lot--
Lot FeaturesCleared, Other

Amenities & Appliances

Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping

Geography

Floorplan Breakdown

Structural Layout

Second
Primary Bedroom
First
Living RoomDining RoomKitchenBedroom 2Bathroom 1
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl Second
Bedroom 2
Lvl First
Bathroom 1
Lvl First

Property History

Listed
$385,000

Sep 12, 2026

MLS® 73576362

Listed
$385,000

Sep 4, 2026

MLS® 73572220

Listing Provided By

Listing Agent: Nathan Neylon

Listing Office: William Neylon Real Est.

MLS® Number: 73576362