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Southbridge Town 01550
24 Walnut St
$229,900
● House - Off Market

24 Walnut St

Southbridge, MA 01550
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,038 Ft²
$387,060
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Beautifully updated and decorated, Victorian Colonial in the heart of the city, close to shopping and schools but yet a private oasis! This lovingly cared for home offers 4 bedrooms, including a master suite or game room on 3rd floor, large living room, and dining room as well as a large kitchen and eat in area and a first floor office! Laminate hardwood floors, beautiful custom cabinets and lots of details, bead board ceilings, pantry/wine/bar area, 2.5 bathrooms and a 2 car garage. New windows, roof and a 2 car garage! Move in condition!!
Unit Size
2,038 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$115
Property Type
House
Property Taxes
$278
HOA Dues
-
Year Built
1917

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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 #72095539)

Price History

Date / Event Date Event Price
Feb 19, 2021 Sold
Premium
Sold
Nov 19, 2020 Listed by RE/MAX Executive Realty $288,900
Listed by RE/MAX Executive Realty
Mar 27, 2017 Sold
Premium
Sold
Nov 22, 2016 Listed by RE/MAX Executive Realty $234,900
Listed by RE/MAX Executive Realty
Oct 30, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,306
  • Total Building Area: 2,040
  • Gross Building Area: 4,505
  • Building Area: 2,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,040
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000122
  • 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: 757200

Zoning

  • Zoning: CC

Geography

  • Account Number: 1798
  • Parcel: SBRI M:0036 B:0010 L:00001
  • Block: 10
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.074
  • Longitude: -72.0291

    Address

  • Full Address: 24 Walnut St
  • Address - House Number: 24
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Southbridge
  • Carrier Code: C014
  • 4-Digit Zip Code: 2533
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $486,400

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 383,077
  • High Value: 447,053
  • Low Value: 319,101

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $307,100
  • Assessed Land Value: $27,100
  • Assessed Improvements Value: $280,000

    Sales

  • Current Sale Contract Date: Jan 26, 2021
  • Current Sale Recording Date: Feb 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23968
  • Previous Sale Recording Date: Mar 27, 2017
  • Previous Sale Amount: $229,900
  • 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:

$400,000

Sale Price/ft²

$209

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2656 ft²

Average Home Age

93.9 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# 72095539

Frequently Asked Questions

When was property at 24 Walnut Street built and last sold?
The property at 24 Walnut Street was built in 1917 and last sold on Jan 26, 2021 for $288,000.
How much is this home worth?
The estimated value of the home located at 24 Walnut Street is $295,093.
What are some comparable homes to 24 Walnut Street?
There are currently no comparable homes to 24 Walnut Street.
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