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Worcester
188 Southbridge Rd
Photo of 188 Southbridge Rd

5

Map

Photo of 188 Southbridge Rd
Photo of 188 Southbridge Rd
$150,000
● Land - For Sale

188 Southbridge Rd

Dudley, MA 01571
bedrooms
Studio
bathrooms
0 Bath
$812
Est. Monthly

About This Property

Rare opportunity to build your dream home in the charming town of Dudley! This fully approved 0.77-acre building lot is ready for construction with an approved septic design for a 3-bedroom home and an existing well already on site. Just bring your building plans and get started. Enjoy the perfect blend of small-town New England charm and convenience, with Dudley offering scenic surroundings, local parks, nearby schools, and easy access to major routes for commuting. Whether you're a builder, investor, or future homeowner, this ready-to-build lot is an excellent opportunity to create the home you've been envisioning.
Unit Size
-
Days on Market
-
Land Size
0.77 acres
Price per sqft
-
Property Type
Land
Property Taxes
$75
HOA Dues
-
Year Built
2000

Listed By

Trinity Group
Mega Realty Services

Payment Calculator

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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 months ago (MLSPIN #73524270)

Price History

Date / Event Date Event Price
May 26, 2026 Listed by Mega Realty Services $150,000
Listed by Mega Realty Services
Mar 17, 2023 Sold
Premium
Sold
Mar 7, 2023 In contract -
In contract
Oct 8, 2020 Listed by Real Broker MA, LLC $40,000
Listed by Real Broker MA, LLC
Residential lot ready to be built. Well is already on site.

Property Highlights

Parking Details
Has Open Parking
Parking Features: Shared Driveway
Exterior Details
Waterfront Features: Lake/Pond, Beach Ownership(Public)
Building Area Units: Square Feet
Lot Features: Wooded
Lot Size Area: 0.77
Lot Size Units: Acres
Lot Size Acres: 0.77
Lot Size Square Feet: 33560
Water Source: Private
Financial Details
Tax Assessed Value: $89,400
Tax Annual Amount: $899
Utilities Details
Sewer : Private Sewer, Perc Test On File

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 33,560
  • Total Building Area: 0
  • Gross Building Area: 5,012
  • Building Area: 2,534
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,534
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000770
  • Standard Land Use Code: 8001
  • County Land Use Code: 130

Neighborhood

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

Geography

  • Parcel: DUDL M:220 L:026
  • Lot: 26
  • Municipality: DUDLEY
  • Latitude: 42.0466
  • Longitude: -71.9811

    Address

  • Full Address: 188 Southbridge Rd
  • Address - House Number: 188
  • 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: $76,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $72,600
  • Assessed Land Value: $72,600

    Sales

  • Current Sale Contract Date: Mar 17, 2023
  • Current Sale Recording Date: Mar 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21196
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

58

Average Home Size

2386 ft²

Average Home Age

63.5 years

Currently For Sale

2100 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: 5 months ago
Data Source: MLS PIN, MLS# 73524270

Frequently Asked Questions

When was property at 188 Southbridge Road built and last sold?
The property at 188 Southbridge Road was built in 2000 and last sold on Mar 17, 2023 for $30,000.
How much is this home worth?
The estimated value of the home located at 188 Southbridge Road is $151,500.
What are some comparable homes to 188 Southbridge Road?
There are currently no comparable homes to 188 Southbridge Road.
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