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Southbridge Town 01550
31 Brook Rd
$230,000
● House - Off Market

31 Brook Rd

Southbridge, MA 01550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,641 Ft²
$301,205
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

1st Time Homebuyer's Take Notice!!!  Here is the perfect home to start off and move right in! Motivated seller is looking to move into a forever home and offering this cute cape on a dead end street in Southbridge to you today! Huge garage for parking and workshop, 2 full baths and 3 bedrooms,  perfect yard for entertaining and maintaining. Don't miss out! All showings are ny appointment and subject to COVID-19 guidelines.
Unit Size
1,641 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$134
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1942

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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 #72666373)

Price History

Date / Event Date Event Price
Aug 21, 2020 Sold
Premium
Sold
Jun 2, 2020 Listed by 1 Worcester Homes $219,900
Listed by 1 Worcester Homes
Mar 13, 2017 Sold
Premium
Sold
Sep 27, 2016 Listed by 1 Worcester Homes $171,000
Listed by 1 Worcester Homes
Aug 13, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • 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: 4
  • 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: 910
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,450
  • Total Building Area: 1,641
  • Gross Building Area: 3,442
  • Building Area: 1,641
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,641
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEBANON PK SOUTHBRIDGE
  • Land Acres: 0000000217
  • 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: 3534
  • Parcel: SBRI M:0054 B:0049 L:00001
  • Block: 49
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.0666
  • Longitude: -72.0348

    Address

  • Full Address: 31 Brook Rd
  • Address - House Number: 31
  • Address - Street Name: Brook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Southbridge
  • Carrier Code: C010
  • 4-Digit Zip Code: 3037
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $426,400

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 343,995
  • High Value: 401,444
  • Low Value: 286,546

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,200
  • Assessed Land Value: $31,900
  • Assessed Improvements Value: $237,300

    Sales

  • Current Sale Contract Date: Aug 19, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 94625
  • Previous Sale Recording Date: Mar 13, 2017
  • Previous Sale Amount: $171,000
  • 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 Southbridge Town

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$211

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2758 ft²

Average Home Age

91.5 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# 72666373

Frequently Asked Questions

When was property at 31 Brook Road built and last sold?
The property at 31 Brook Road was built in 1942 and last sold on Aug 19, 2020 for $230,000.
How much is this home worth?
The estimated value of the home located at 31 Brook Road is $228,100.
What are some comparable homes to 31 Brook Road?
There are currently no comparable homes to 31 Brook Road.
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