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Worcester
112 Southbridge Rd
$190,000
● House - Off Market

112 Southbridge Rd

Dudley, MA 01571
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,242 Ft²
$222,903
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

*****JUST REDUCED, SEPTIC HAS FAILED HOME TO BE SOLD AS IS! CASH OR REHAB BUYERS ONLY ***HANDICAP ACCESIBLE 7 ROOM RANCH. THERE ARE 3 BEDROOMS ON THE THE FIRST FLOOR ALL WITH HARDWOODS . 1 BATH WITH HANICAP SHOWER, ADDITIONAL ROOMS IN THE LOWER LEVEL ONE ROOM WAS USED AS A FAMILY ROOM THE OTHER AS A BEDROOM ,. LARGE FIREPLACED LIVING ROOM WITH HARDWOOD FLOORING. THE ENTRANCE TO THE GARAGE HAS SLIDERS BUT COULD BE RESTORED BACK TO USAGE. THE ROOF IS ESTIMATED TO BE AROUND 10 YEARS OLD. THE HOUSE NEEDS SOME TLC AS WELL AS COSMETICS BUT WELL WORTH THE EFFORT. THERE IS PLENTY OF ROOM FOR MULTIPLE CARS AND IS SITUATED ON OVER AN HALF ACRE OF LAND.
Unit Size
1,242 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$161
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1958

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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: 5 years ago (MLSPIN #72818841)

Price History

Date / Event Date Event Price
Nov 23, 2021 Sold
Premium
Sold
Apr 22, 2021 Listed by Skyview Realty $199,900
Listed by Skyview Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,340
  • Total Building Area: 1,242
  • Gross Building Area: 2,628
  • Building Area: 1,242
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,242
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000651
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dudley-Charlton Regional School District
  • School Tax School District: DUDLEY-CHARLTON
  • Census Tract: 755202

Geography

  • Parcel: DUDL M:229 L:141
  • Lot: 141
  • Municipality: DUDLEY
  • Latitude: 42.0396
  • Longitude: -71.9724

    Address

  • Full Address: 112 Southbridge Rd
  • Address - House Number: 112
  • Address - Street Name: Southbridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dudley
  • Carrier Code: R003
  • 4-Digit Zip Code: 6901
  • Zip Code: 01571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $234,000

    Appraisal Valuation

  • Standard Deviation: 0.2001
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 263,131
  • High Value: 315,788
  • Low Value: 210,475

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $223,300
  • Assessed Land Value: $71,200
  • Assessed Improvements Value: $152,100

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 164736
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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72818841

Frequently Asked Questions

When was property at 112 Southbridge Road built and last sold?
The property at 112 Southbridge Road was built in 1958 and last sold on Nov 22, 2021 for $190,000.
How much is this home worth?
The estimated value of the home located at 112 Southbridge Road is $0.
What are some comparable homes to 112 Southbridge Road?
There are currently no comparable homes to 112 Southbridge Road.
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