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Worcester 01534
127 School St
$469,000
● House - Off Market

127 School St

Northbridge, MA 01534
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,922 Ft²
$2,779
Est. Monthly

About This Property

Enjoy privacy and serenity on this beautiful property with over an acre of land featuring gardens, a deck, and direct access to the Shining Rock Golf Course. Completely remodeled in 2018, this home boasts a modern kitchen with granite countertops and a center island, a new roof, and updated electrical. Solar panels installed in 2023 help reduce utility bills. The downstairs area includes a large eat-in kitchen, a beautifully renovated bathroom with a tiled shower, two bedrooms, and a spacious living room with sliders leading to the back deck, perfect for enjoying year-round sunsets. Upstairs, the grand main bedroom offers ample space for a king-size bed and a seating area, accompanied by a full bathroom and a generously sized fourth bedroom. This move-in-ready home is waiting for you to make lasting memories.
Unit Size
1,922 Ft²
Days on Market
-
Land Size
1.04 acres
Price per sqft
$249
Property Type
House
Property Taxes
$427
HOA Dues
-
Year Built
1953

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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 months ago (MLSPIN #73237224)

Price History

Date / Event Date Event Price
Aug 7, 2024 Sold
Premium
Sold
Jun 24, 2024 In contract -
In contract
May 14, 2024 Listed by EXIT New Options Real Estate $479,000
Listed by EXIT New Options Real Estate
May 15, 2023 Sold
Premium
Sold
Mar 26, 2023 In contract -
In contract
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 45,227
  • Total Building Area: 1,922
  • Gross Building Area: 3,324
  • Building Area: 1,922
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,922
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001038
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northbridge School District
  • Census Tract: 750300

Geography

  • Parcel: NBRI M:0022A B:00035
  • Block: 35
  • Municipality: NORTHBRIDGE
  • Latitude: 42.1547
  • Longitude: -71.6468

    Address

  • Full Address: 127 School St
  • Address - House Number: 127
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Northbridge
  • Carrier Code: R003
  • 4-Digit Zip Code: 1232
  • Zip Code: 01534

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $502,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1839
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 504,244
  • High Value: 596,998
  • Low Value: 411,491

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $387,900
  • Assessed Land Value: $134,500
  • Assessed Improvements Value: $253,400

    Sales

  • Current Sale Contract Date: May 15, 2023
  • Current Sale Recording Date: May 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 37295
  • Previous Sale Recording Date: Sep 27, 2018
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: O
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

2400 ft²

Average Home Age

63.3 years

Currently For Sale

1988 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73237224

Frequently Asked Questions

When was property at 127 School Street built and last sold?
The property at 127 School Street was built in 1953 and last sold on May 15, 2023 for $459,000.
How much is this home worth?
The estimated value of the home located at 127 School Street is $475,319.
What are some comparable homes to 127 School Street?
There are currently no comparable homes to 127 School Street.
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