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Southbridge Town 01550
3 Grandview Dr
$250,000
● House - Off Market

3 Grandview Dr

Southbridge, MA 01550
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,504 Ft²
$267,624
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

East facing, custom built, solid, hip roof Ranch on corner lot. Builder built the home for himself and subsequently sold to current owner's family.  Ended street with the front of the home overlooking wooded privacy across street.  There is a covered front porch to watch nature.  Home is equipped with a 2 car attached garage, 3 bedrooms, fireplace and has the original working GE oven and cooktop. The home has been meticulously maintained but could use upgrades, if you choose to do that.  Some pex plumbing, well holding tank and well pump recently updated. Wonderful home to raise a family. There is a barn/shed out back with 2nd floor walk-up. Contents being sold at estate sale. Will not go FHA or VA.
Unit Size
1,504 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$150
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1960

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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 #72775859)

Price History

Date / Event Date Event Price
May 13, 2021 Sold
Premium
Sold
Jan 18, 2021 Listed by LAER Realty Partners $225,000
Listed by LAER Realty Partners
Feb 11, 1977 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,504
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,266
  • Total Building Area: 1,504
  • Gross Building Area: 3,945
  • Building Area: 1,504
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,504
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000465
  • 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: 4978
  • Parcel: SBRI M:0088 B:0010 L:00001
  • Block: 10
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.0483
  • Longitude: -72.0136

    Address

  • Full Address: 3 Grandview Dr
  • Address - House Number: 3
  • Address - Street Name: Grandview
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Southbridge
  • Carrier Code: R003
  • 4-Digit Zip Code: 2934
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $404,400

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 339,734
  • High Value: 409,762
  • Low Value: 269,706

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,300
  • Assessed Land Value: $36,700
  • Assessed Improvements Value: $218,600

    Sales

  • Current Sale Contract Date: May 13, 2021
  • Current Sale Recording Date: May 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 66320
  • Previous Sale Recording Date: Feb 11, 1977
  • Previous Sale Amount: $37,500
  • 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:

$399,999

Sale Price/ft²

$210

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2727 ft²

Average Home Age

92.2 years

Currently For Sale

44 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: 5 years ago
Data Source: MLS PIN, MLS# 72775859

Frequently Asked Questions

When was property at 3 Grandview Drive built and last sold?
The property at 3 Grandview Drive was built in 1960 and last sold on May 13, 2021 for $250,000.
How much is this home worth?
The estimated value of the home located at 3 Grandview Drive is $0.
What are some comparable homes to 3 Grandview Drive?
There are currently no comparable homes to 3 Grandview Drive.
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