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Southbridge Town 01550
15 Wall Street
$206,000
● House - Off Market

15 Wall Street

Southbridge, MA 01550
bedrooms
2 Beds
bathrooms
1 Bath
square feet
765 Ft²
$197,759
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Whether it be your starter home, downsizing move, or condo alternative, don't miss out on this affordable updated home on the Southbridge/Sturbridge line.  Brand new energy efficient mini-splits will keep you cool on these hot summer days and toasty warm in the winter, at a fraction of the cost!  2 bedroom home. Laundry on first floor. Lots of parking on a quiet and private lot offering a third of an acre - giving you possible future expansion options. Close to shopping and restaurants, and just minutes to the Mass Pike. Schedule your showing today!
Unit Size
765 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$260
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1940

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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: 6 months ago (MLSPIN #73144374)

Price History

Date / Event Date Event Price
Sep 26, 2023 Sold
Premium
Sold
Aug 7, 2023 In contract -
In contract
Aug 3, 2023 Listed by Lamacchia Realty, Inc. $199,000
Listed by Lamacchia Realty, Inc.
Feb 11, 2022 Sold
Premium
Sold
Oct 6, 2021 Listed by Lamacchia Realty, Inc. $139,900
Listed by Lamacchia Realty, Inc.
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 765
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,187
  • Total Building Area: 765
  • Gross Building Area: 1,650
  • Building Area: 765
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 765
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000303
  • 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: 757100

Zoning

  • Zoning: GB

Geography

  • Account Number: 1433
  • Parcel: SBRI M:0033 B:0118 L:00001
  • Block: 118
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.0834
  • Longitude: -72.0459

    Address

  • Full Address: 15 Wall St
  • Address - House Number: 15
  • Address - Street Name: Wall
  • Address - Suffix Type: St
  • State: MA
  • City Name: Southbridge
  • Carrier Code: C007
  • 4-Digit Zip Code: 1136
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $272,100

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 241,833
  • High Value: 282,220
  • Low Value: 201,445

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,800
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $156,800

    Sales

  • Current Sale Contract Date: Sep 26, 2023
  • Current Sale Recording Date: Sep 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 79895
  • Previous Sale Recording Date: Feb 11, 2022
  • Previous Sale Contract Date: Feb 11, 2022
  • Previous Sale Amount: $147,000
  • 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 Southbridge Town

Stats & Trends

Median Asking:

$399,999

Sale Price/ft²

$211

Below Asking

0.02%

Average Days on Market

62

Average Home Size

2331 ft²

Average Home Age

86.4 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: 6 months ago
Data Source: MLS PIN, MLS# 73144374

Frequently Asked Questions

When was property at 15 Wall Street built and last sold?
The property at 15 Wall Street was built in 1940 and last sold on Sep 26, 2023 for $206,000.
How much is this home worth?
The estimated value of the home located at 15 Wall Street is $196,942.
What are some comparable homes to 15 Wall Street?
There are currently no comparable homes to 15 Wall Street.
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