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Worcester 01585
1537 Southbridge Rd
$247,500
● House - Off Market

1537 Southbridge Rd

Warren, MA 01083
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,569 Ft²
$388,476
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

This split entry home sits back from the road and offers over 2500 square feet of living space. Main level has an open floor plan, tongue & grove pine cathedral ceilings throughout the main level. Steel beam construction!  The kitchen is packed with cabinets, dining room with french doors to the deck overlooking your heated in-ground salt water pool.  Fireplaced Living Room that currently has a pellet stove. The main floor offers 4 bedrooms including a large master bedroom with full bathroom.  The lower level offers an office w fireplace, family room and half bathroom.  Direct access to the pool and backyard. Newer windows, well pump and water system. Minutes to Rt. 148 and Rt 20, Mass Pike/I-84. Don't miss out!
Unit Size
2,569 Ft²
Days on Market
-
Land Size
2.60 acres
Price per sqft
$95
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1986

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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 #72226982)

Price History

Date / Event Date Event Price
Nov 2, 2017 Sold
Premium
Sold
Sep 12, 2017 Listed by Premeer Real Estate Inc. $244,900
Listed by Premeer Real Estate Inc.
Jul 19, 2012 Sold
Premium
Sold
May 10, 2012 Listed by Premeer Real Estate Inc. $209,900
Listed by Premeer Real Estate Inc.
Jul 31, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,664
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 113,215
  • Total Building Area: 1,689
  • Gross Building Area: 3,497
  • Building Area: 1,689
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,689
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002599
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quaboag Regional School District
  • Census Tract: 761100

Zoning

  • Zoning: RUR

Geography

  • Parcel: WARR M:0010 B:0000 L:92
  • Lot: 92
  • Municipality: WARREN
  • Latitude: 42.1822
  • Longitude: -72.1627

    Address

  • Full Address: 1537 Southbridge Rd
  • Address - House Number: 1537
  • Address - Street Name: Southbridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Brookfield
  • Carrier Code: R003
  • 4-Digit Zip Code: 6008
  • Zip Code: 01585

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $514,000

    Appraisal Valuation

  • Standard Deviation: 0.1847
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 394,788
  • High Value: 467,741
  • Low Value: 321,834

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,300
  • Assessed Land Value: $64,100
  • Assessed Improvements Value: $261,200

    Sales

  • Current Sale Recording Date: Nov 02, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 122724
  • Previous Sale Recording Date: Jul 19, 2012
  • Previous Sale Amount: $197,500
  • 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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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: 6 months ago
Data Source: MLS PIN, MLS# 72226982

Frequently Asked Questions

When was property at 1537 Southbridge Road built and last sold?
The property at 1537 Southbridge Road was built in 1986 and last sold on Jan 1, 1970 for $247,500.
How much is this home worth?
The estimated value of the home located at 1537 Southbridge Road is $271,104.
What are some comparable homes to 1537 Southbridge Road?
There are currently no comparable homes to 1537 Southbridge Road.
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