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Southbridge Town 01550
28 Armory Ln
Photo of 28 Armory Ln
Sold on Aug 19, 2026

32

Map

Photo of 28 Armory Ln
Photo of 28 Armory Ln
$390,000
● House - Off Market

28 Armory Ln

Southbridge, MA 01550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,872 Ft²
$2,323
Est. Monthly

About This Property

Welcome to your new home in Southbridge! This beauty boasts 3-bed, 2-bath, with new floors, blending modern style with thoughtful design. Step inside to open and bright main living spaces. The heart of the home features a spacious living area seamlessly connected to the kitchen and dining space, making hosting a breeze. Enjoy comfortable bedrooms, 2 full bathrooms and plenty of natural light in every room. New flooring, light fixtures and all new windows! Don't miss this opportunity to own a move-in ready home with classic New England charm! Perfect for an investor or family! Easy to show, text to schedule your private showing. House is being sold as is. Buyers are encouraged to verify all information about the property and perform their own due diligence!
Unit Size
1,872 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$207
Property Type
House
Property Taxes
$423
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: 3 months ago (MLSPIN #73533740)

Price History

Date / Event Date Event Price
Aug 19, 2026 Sold
Premium
Sold
Aug 2, 2026 No longer available -
No longer available
Jul 27, 2026 In contract -
In contract
Jul 18, 2026 Price Decreased $387,000
↓ $3K (0.8%)
Price Decreased
Jun 10, 2026 Listed by eXp Realty LLC $390,000
Listed by eXp Realty LLC
Show More

Property Highlights

Air Conditioning

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: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,005
  • Total Building Area: 1,872
  • Gross Building Area: 3,104
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 757500

Zoning

  • Zoning: R2

Geography

  • Account Number: 2186
  • Parcel: SBRI M:0046 B:0070A L:00001
  • Block: 70A
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.0694
  • Longitude: -72.0272

    Address

  • Full Address: 28 Armory Ln
  • Address - House Number: 28
  • Address - Street Name: Armory
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Southbridge
  • Carrier Code: C012
  • 4-Digit Zip Code: 2702
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $416,900

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 354,464
  • High Value: 413,662
  • Low Value: 295,267

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,200
  • Assessed Land Value: $28,900
  • Assessed Improvements Value: $234,300
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

62

Average Home Size

2418 ft²

Average Home Age

91.2 years

Currently For Sale

43 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: 3 months ago
Data Source: MLS PIN, MLS# 73533740

Frequently Asked Questions

When was property at 28 Armory Lane built and last sold?
The property at 28 Armory Lane was built in 1986 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 28 Armory Lane is $396,603.
What are some comparable homes to 28 Armory Lane?
There are currently no comparable homes to 28 Armory Lane.
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