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Southbridge Town 01550
28 Dennison Lane
$230,000
● House - Off Market

28 Dennison Lane

Southbridge, MA 01550
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,474 Ft²
$355,410
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Come see this beautiful 3 bedroom 1.5 bath ranch that sits on a corner lot! It features an open dining room/kitchen design with gleaming hardwood floors. Master bedroom has wall to wall carpet with hardwoods underneath. There is a playroom on the main level that could be used as an office. The walkout basement is partially finished with an extra bedroom and a huge bonus room with wood stove hook up as well as an option to put in a wet bar. Can be used for entertaining or as an extra family room. There is an oversized garage, car port and separate utility/storage in the basement as well.
Unit Size
1,474 Ft²
Days on Market
-
Land Size
0.74 acres
Price per sqft
$159
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1953

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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 #72307771)

Price History

Date / Event Date Event Price
Jul 13, 2018 Sold
Premium
Sold
Apr 12, 2018 Listed by 1 Worcester Homes $234,900
Listed by 1 Worcester Homes
Dec 3, 2004 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,474
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,371
  • Total Building Area: 1,474
  • Gross Building Area: 3,364
  • Building Area: 1,474
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,474
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000743
  • 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: R1

Geography

  • Account Number: 4733
  • Parcel: SBRI M:0076 B:0026 L:00001
  • Block: 26
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.0638
  • Longitude: -72.0602

    Address

  • Full Address: 28 Dennison Ln
  • Address - House Number: 28
  • Address - Street Name: Dennison
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Southbridge
  • Carrier Code: C008
  • 4-Digit Zip Code: 2124
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $407,900

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 350,684
  • High Value: 422,968
  • Low Value: 278,399

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,500
  • Assessed Land Value: $42,200
  • Assessed Improvements Value: $215,300

    Sales

  • Current Sale Recording Date: Jul 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 71216
  • Previous Sale Recording Date: Dec 03, 2004
  • Previous Sale Amount: $250,000
  • 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

$209

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2510 ft²

Average Home Age

89.7 years

Currently For Sale

39 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 months ago
Data Source: MLS PIN, MLS# 72307771

Frequently Asked Questions

When was property at 28 Dennison Lane built and last sold?
The property at 28 Dennison Lane was built in 1953 and last sold on Jan 1, 1970 for $230,000.
How much is this home worth?
The estimated value of the home located at 28 Dennison Lane is $243,261.
What are some comparable homes to 28 Dennison Lane?
There are currently no comparable homes to 28 Dennison Lane.
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