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Southbridge Town 01550
13 Riverview Dr
Photo of 13 Riverview Dr
Sold on Apr 24, 2025

16

Map

Photo of 13 Riverview Dr
Photo of 13 Riverview Dr
$311,000
● House - Off Market

13 Riverview Dr

Southbridge, MA 01550
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$1,712
Est. Monthly
8.95%
Cap Rate

About This Property

Welcome home to this adorable ranch on a dead end street in a great neighborhood.  Kitchen has lots of cabinets, nice laminate floor, dining room with hardwood floors, good size living room with large picture window that brings in lots of light.  Three bedrooms with good size closets and hardwood floors.  Updated fiberglass tub/shower and toilet. Large flat backyard, perfect for a firepit and summer barbecues.  The property is being "sold as".
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$279
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1973

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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 #73348340)

Price History

Date / Event Date Event Price
Apr 24, 2025 Sold
Premium
Sold
Mar 25, 2025 In contract -
In contract
Mar 17, 2025 Listed $289,900
Listed
Sep 15, 2006 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • 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: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,040
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,853
  • Total Building Area: 1,040
  • Gross Building Area: 2,180
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000502
  • 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: 3895
  • Parcel: SBRI M:0061 B:0016 L:00001
  • Block: 16
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.0585
  • Longitude: -72.0021

    Address

  • Full Address: 13 Riverview Dr
  • Address - House Number: 13
  • Address - Street Name: Riverview
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Southbridge
  • Carrier Code: C012
  • 4-Digit Zip Code: 3120
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $332,300

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 262,793
  • High Value: 316,962
  • Low Value: 208,625

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $209,800
  • Assessed Land Value: $37,200
  • Assessed Improvements Value: $172,600

    Sales

  • Current Sale Recording Date: Sep 15, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00138750
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:

$400,000

Sale Price/ft²

$210

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2758 ft²

Average Home Age

91.5 years

Currently For Sale

42 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 months ago
Data Source: MLS PIN, MLS# 73348340

Frequently Asked Questions

When was property at 13 Riverview Drive built and last sold?
The property at 13 Riverview Drive was built in 1973 and last sold on Jan 1, 1970 for $70,000.
How much is this home worth?
The estimated value of the home located at 13 Riverview Drive is $0.
What are some comparable homes to 13 Riverview Drive?
There are currently no comparable homes to 13 Riverview Drive.
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