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Southbridge Town 01550
35 Arland Dr
$257,000
● House - Off Market

35 Arland Dr

Southbridge, MA 01550
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,421 Ft²
$264,299
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

4 Bedroom /2 full bath young cape on lovely cul d' sac!  Spacious kitchen, living room, 2 bedrooms and bath on first floor  with additional 2 large bedrooms and another full bath upstairs.  This house is priced to reflect the work needed and is being sold "as-is".   A  little love and cosmetic work will make it shine once again.  This is a solid home with potential to finish the basement for even more living space. The 3 year old top of the line Buderus boiler and hot water heater are a bonus. Kitchen appliances are all less than 5 yrs old.
Unit Size
1,421 Ft²
Days on Market
-
Land Size
0.97 acres
Price per sqft
$169
Property Type
House
Property Taxes
$370
HOA Dues
-
Year Built
1997

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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 #72914445)

Price History

Date / Event Date Event Price
Dec 3, 2021 Sold
Premium
Sold
Oct 30, 2021 Listed by Keller Williams Realty Greater Worcester $239,900
Listed by Keller Williams Realty Greater Worcester
Apr 29, 1997 Sold
Premium
Sold
Feb 3, 1997 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,342
  • Total Building Area: 1,421
  • Gross Building Area: 2,422
  • Building Area: 1,421
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,421
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000972
  • 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: 4107
  • Parcel: SBRI M:0064 B:0056 L:00001
  • Block: 56
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.0606
  • Longitude: -72.0312

    Address

  • Full Address: 35 Arland Dr
  • Address - House Number: 35
  • Address - Street Name: Arland
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Southbridge
  • Carrier Code: C012
  • 4-Digit Zip Code: 3066
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $473,800

    Appraisal Valuation

  • Standard Deviation: 0.2062
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 344,363
  • High Value: 415,391
  • Low Value: 273,334

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $299,100
  • Assessed Land Value: $46,300
  • Assessed Improvements Value: $252,800

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 169747
  • Previous Sale Recording Date: Apr 29, 1997
  • Previous Sale Amount: $84,500
  • 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:

$400,000

Sale Price/ft²

$209

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2489 ft²

Average Home Age

91.6 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72914445

Frequently Asked Questions

When was property at 35 Arland Drive built and last sold?
The property at 35 Arland Drive was built in 1997 and last sold on Dec 3, 2021 for $257,000.
How much is this home worth?
The estimated value of the home located at 35 Arland Drive is $0.
What are some comparable homes to 35 Arland Drive?
There are currently no comparable homes to 35 Arland Drive.
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