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Southbridge Town 01550
38 Laurel Hill Rd.
$197,000
● House - Off Market

38 Laurel Hill Rd.

Southbridge, MA 01550
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,354 Ft²
$379,132
RealtyHop Estimate
85.03%
Since Mar 1, 2008
National-US
Primary Model

About This Property

PRICE REDUCTION!!! Lovely, well built and well maintained home with CENTRAL AIR in nice neighborhood. Hardwood floors, generously sized rooms, fireplace, replacement windows.  The outside of the house and trim recently painted and driveway recently sealed.  A lovely home suitable for a single person, a couple, or a family.  Come and see!!!You won't be disappointed!!!
Unit Size
1,354 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$151
Property Type
House
Property Taxes
$187
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: 6 months ago (MLSPIN #70561177)

Price History

Date / Event Date Event Price
Feb 29, 2008 Sold
Premium
Sold
Apr 18, 2007 Listed by Aucoin Ryan Realty $204,900
Listed by Aucoin Ryan Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 1,354
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,655
  • Total Building Area: 1,354
  • Gross Building Area: 2,708
  • Building Area: 1,354
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,354
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000245
  • 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: R2

Geography

  • Account Number: 3565
  • Parcel: SBRI M:0054 B:0084 L:00001
  • Block: 84
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.0671
  • Longitude: -72.0338

    Address

  • Full Address: 38 Laurel Hill Rd
  • Address - House Number: 38
  • Address - Street Name: Laurel Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Southbridge
  • Carrier Code: C010
  • 4-Digit Zip Code: 3034
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $395,500

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 320,867
  • High Value: 374,453
  • Low Value: 267,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,700
  • Assessed Land Value: $32,400
  • Assessed Improvements Value: $217,300

    Sales

  • Current Sale Recording Date: Feb 29, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00021062
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

$208

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2260 ft²

Average Home Age

87.6 years

Currently For Sale

38 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

Currently no nearby rentals
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70561177

Frequently Asked Questions

When was property at 38 Laurel Hill Road built and last sold?
The property at 38 Laurel Hill Road was built in 1965 and last sold on Jan 1, 1970 for $197,000.
How much is this home worth?
The estimated value of the home located at 38 Laurel Hill Road is $212,559.
What are some comparable homes to 38 Laurel Hill Road?
There are currently no comparable homes to 38 Laurel Hill Road.
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