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Southbridge Town 01550
31 Fairview Ave
$160,000
● House - Off Market

31 Fairview Ave

Southbridge, MA 01550
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,418 Ft²
$262,035
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Nicely renovated Arts and Crafts Cape. Warm, sunny and inviting. First floor offers a traditional living room, sunroom and an office. There is also a large eat-in kitchen with a  slider which leads to a nice deck. An expansive and level back yard offers great privacy. Many flowering perenials. Neighbor has given pemission to paddle in the adjacent private pond! Updated systems, a new driveway and a two car garage!
Unit Size
1,418 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$109
Property Type
House
Property Taxes
$206
HOA Dues
-
Year Built
1914

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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: 6 months ago (MLSPIN #72008416)

Price History

Date / Event Date Event Price
Jul 20, 2016 Sold
Premium
Sold
May 18, 2016 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $154,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Jun 27, 2012 Sold
Premium
Sold
Feb 10, 2012 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $138,000
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Apr 26, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 1
  • 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: 728
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 28,188
  • Total Building Area: 1,491
  • Gross Building Area: 2,548
  • Building Area: 1,491
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,491
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLA NOVA TERRACE
  • Land Acres: 0000000647
  • 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: 757100

Zoning

  • Zoning: R1

Geography

  • Account Number: 339
  • Parcel: SBRI M:0015 B:0047 L:00001
  • Block: 47
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.0896
  • Longitude: -72.0194

    Address

  • Full Address: 31 Fairview Ave
  • Address - House Number: 31
  • Address - Street Name: Fairview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Southbridge
  • Carrier Code: C009
  • 4-Digit Zip Code: 1315
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $351,500

    Appraisal Valuation

  • Standard Deviation: 0.1975
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 296,646
  • High Value: 355,240
  • Low Value: 238,053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,900
  • Assessed Land Value: $34,300
  • Assessed Improvements Value: $187,600

    Sales

  • Current Sale Recording Date: Jul 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 78114
  • Previous Sale Recording Date: Jun 27, 2012
  • Previous Sale Amount: $133,500
  • 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:

$399,999

Sale Price/ft²

$211

Below Asking

0.02%

Average Days on Market

62

Average Home Size

2297 ft²

Average Home Age

87.2 years

Currently For Sale

37 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: 6 months ago
Data Source: MLS PIN, MLS# 72008416

Frequently Asked Questions

When was property at 31 Fairview Avenue built and last sold?
The property at 31 Fairview Avenue was built in 1914 and last sold on Jan 1, 1970 for $160,000.
How much is this home worth?
The estimated value of the home located at 31 Fairview Avenue is $166,014.
What are some comparable homes to 31 Fairview Avenue?
There are currently no comparable homes to 31 Fairview Avenue.
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