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Southbridge Town 01550
23 Willow Lane
$260,000
● House - Off Market

23 Willow Lane

Southbridge, MA 01550
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,130 Ft²
$344,497
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Here is the 3 bedroom home you've been hoping to find, in quiet, cul-du-sac neighborhood.  Roomy and open main-level is so sunny, the windows are accented with new colorful awnings that are included.  Kitchen with open dining area is so big, you can add home schooling desk areas to keep an eye on schoolwork while starting dinner.  Kitchen appliances are included.  Master bedroom has additional door to main bath.  Easily double the size of this home by customizing the walk-out lower level with super high ceilings and multiple windows! Lower-level is wide open for many uses.  New storage shed, vinyl privacy fence in the backyard. Off-street parking.
Unit Size
1,130 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$230
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1995

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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 years ago (MLSPIN #72736933)

Price History

Date / Event Date Event Price
Nov 25, 2020 Sold
Premium
Sold
Oct 3, 2020 Listed by Coldwell Banker Realty - Arlington $259,900
Listed by Coldwell Banker Realty - Arlington
Jan 11, 1996 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • 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: 19
  • Exterior Walls Type: 19
  • 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: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,107
  • Total Building Area: 1,130
  • Gross Building Area: 2,218
  • Building Area: 1,130
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,130
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000347
  • 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: 757400

Zoning

  • Zoning: R1

Geography

  • Account Number: 4427
  • Parcel: SBRI M:0069 B:0004 L:00001
  • Block: 4
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.0715
  • Longitude: -72.0533

    Address

  • Full Address: 23 Willow Ln
  • Address - House Number: 23
  • Address - Street Name: Willow
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Southbridge
  • Carrier Code: C006
  • 4-Digit Zip Code: 2114
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $439,900

    Appraisal Valuation

  • Standard Deviation: 0.232
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 53
  • Final Value: 313,234
  • High Value: 385,931
  • Low Value: 240,536

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,700
  • Assessed Land Value: $34,300
  • Assessed Improvements Value: $243,400

    Sales

  • Current Sale Contract Date: Oct 28, 2020
  • Current Sale Recording Date: Nov 25, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 145628
  • Previous Sale Recording Date: Jan 11, 1996
  • Previous Sale Amount: $99,900
  • Previous Sale Document Type: 27
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

$208

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2260 ft²

Average Home Age

87.6 years

Currently For Sale

38 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: 5 years ago
Data Source: MLS PIN, MLS# 72736933

Frequently Asked Questions

When was property at 23 Willow Lane built and last sold?
The property at 23 Willow Lane was built in 1995 and last sold on Oct 28, 2020 for $260,000.
How much is this home worth?
The estimated value of the home located at 23 Willow Lane is $263,549.
What are some comparable homes to 23 Willow Lane?
There are currently no comparable homes to 23 Willow Lane.
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