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Southbridge Town 01550
10 Riverview Drive
$100,000
● House - Off Market

10 Riverview Drive

Southbridge, MA 01550
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,248 Ft²
$351,519
RealtyHop Estimate
235.10%
Since Jan 1, 1999
National-US
Primary Model

About This Property

OVERSIZED 3 BR 1 1/2 BA RANCH ON NICE CORNER LOT IN SOUGHT AFTER NEIGHBORHOOD LOCATION. CUSTOM BUILT WITH HARDWOOD FLOORS, FORMAL LIVING ROOM AND DINING ROOM, SCREENED PORCH AND 2 CAR GARAGE.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$84
Property Type
House
Property Taxes
$123
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 years ago (MLSPIN #30243461)

Price History

Date / Event Date Event Price
Feb 3, 2021 Sold
Premium
Sold
Dec 7, 2020 Listed by RE/MAX Prof Associates $245,975
Listed by RE/MAX Prof Associates
Dec 17, 1998 Sold
Premium
Sold
Jul 20, 1998 Listed by RE/MAX Prof Associates $104,900
Listed by RE/MAX Prof Associates

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,248
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,401
  • Total Building Area: 1,248
  • Gross Building Area: 2,608
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000354
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Southbridge School District
  • School Tax School District: SOUTHBRIDGE SD
  • Census Tract: 757500

Zoning

  • Zoning: R1

Geography

  • Account Number: 3951
  • Parcel: SBRI M:0061 B:0020 L:00001
  • Block: 20
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.0582
  • Longitude: -72.0024

    Address

  • Full Address: 10 Riverview Dr
  • Address - House Number: 10
  • Address - Street Name: Riverview
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Southbridge
  • Carrier Code: C012
  • 4-Digit Zip Code: 3121
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $375,900

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 319,626
  • High Value: 385,509
  • Low Value: 253,743

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,300
  • Assessed Land Value: $34,400
  • Assessed Improvements Value: $202,900

    Sales

  • Current Sale Contract Date: Jan 29, 2021
  • Current Sale Recording Date: Feb 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16486
  • Previous Sale Recording Date: Dec 17, 1998
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southbridge Town

Stats & Trends

Median Asking:

$399,999

Sale Price/ft²

$211

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2673 ft²

Average Home Age

90.3 years

Currently For Sale

40 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30243461

Frequently Asked Questions

When was property at 10 Riverview Drive built and last sold?
The property at 10 Riverview Drive was built in 1971 and last sold on Jan 29, 2021 for $225,000.
How much is this home worth?
The estimated value of the home located at 10 Riverview Drive is $0.
What are some comparable homes to 10 Riverview Drive?
There are currently no comparable homes to 10 Riverview Drive.
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