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Worcester 01534
296 School Street
$240,000
● House - Off Market

296 School Street

Northbridge, MA 01534
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,066 Ft²
$372,172
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Great place to call home!  Huge eat in kitchen with lots of cabinets! The bright and sunny living room has hardwood floor and bay window for lots of natural light. Two good size bedrooms, full bath on the first floor. Wait till you see the finished basement. It is amazing!  A  family room just waiting for you to enjoy . Another good size bedroom, half bath with laundry ! Walk out to your level backyard perfect for relaxing or entertaining! Storage shed and carport. Newer windows and walk up attic.  Great location for shopping, parks and highway access. Your new home is waiting! Showings start Sat. 11/10.
Unit Size
1,066 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$230
Property Type
House
Property Taxes
$206
HOA Dues
-
Year Built
1965

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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 #72420894)

Price History

Date / Event Date Event Price
Jan 3, 2019 Sold
Premium
Sold
Nov 7, 2018 Listed by ERA Key Realty Services $244,900
Listed by ERA Key Realty Services
Jul 17, 2014 Sold
Premium
Sold
Apr 30, 2014 Listed by ERA Key Realty Services $193,500
Listed by ERA Key Realty Services

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 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: 22,720
  • Total Building Area: 1,066
  • Gross Building Area: 2,408
  • Building Area: 1,066
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,066
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000522
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northbridge School District
  • Census Tract: 750300

Geography

  • Parcel: NBRI M:0022A B:00056
  • Block: 56
  • Municipality: NORTHBRIDGE
  • Latitude: 42.1514
  • Longitude: -71.6424

    Address

  • Full Address: 296 School St
  • Address - House Number: 296
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Northbridge
  • Carrier Code: R003
  • 4-Digit Zip Code: 1218
  • Zip Code: 01534

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $379,700

    Appraisal Valuation

  • Standard Deviation: 0.2042
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 389,383
  • High Value: 468,915
  • Low Value: 309,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,000
  • Assessed Land Value: $131,100
  • Assessed Improvements Value: $161,900

    Sales

  • Current Sale Contract Date: Dec 27, 2018
  • Current Sale Recording Date: Jan 03, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 469
  • Previous Sale Recording Date: Jul 17, 2014
  • Previous Sale Amount: $185,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72420894

Frequently Asked Questions

When was property at 296 School Street built and last sold?
The property at 296 School Street was built in 1965 and last sold on Dec 27, 2018 for $240,000.
How much is this home worth?
The estimated value of the home located at 296 School Street is $248,257.
What are some comparable homes to 296 School Street?
There are currently no comparable homes to 296 School Street.
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