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Southbridge Town 01550
396 Morris Street
Photo of 396 Morris Street
Sold on Jan 11, 2007

1

Map

$180,000
● House - Off Market

396 Morris Street

Southbridge, MA 01550
bedrooms
2 Beds
bathrooms
1 Bath
square feet
968 Ft²
$321,788
RealtyHop Estimate
70.26%
Since Feb 1, 2007
National-US
Primary Model

About This Property

Very Spacious rooms in this Ranch w/front porch set on wonderful lot w/huge backyard. Living room with fireplace. Hardwood floors. Kitchen with lots of cabinets and large eat-in area. Three-season room. Full basement w/fireplace. Lots of storage and closet space! Carport, paved drive. Sheds. Enjoy one level living!
Unit Size
968 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$195
Property Type
House
Property Taxes
$188
HOA Dues
-
Year Built
1961

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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 #70475593)

Price History

Date / Event Date Event Price
Jan 11, 2007 Sold
Premium
Sold
Oct 16, 2006 Listed $189,000
Listed
Sep 9, 2004 Sold
Premium
Sold
Jul 26, 2004 Listed $165,000
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 968
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,600
  • Total Building Area: 968
  • Gross Building Area: 2,492
  • Building Area: 968
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 968
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000404
  • 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: 4089
  • Parcel: SBRI M:0064 B:0038 L:00001
  • Block: 38
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.0625
  • Longitude: -72.0284

    Address

  • Full Address: 396 Morris St
  • Address - House Number: 396
  • Address - Street Name: Morris
  • Address - Suffix Type: St
  • State: MA
  • City Name: Southbridge
  • Carrier Code: C012
  • 4-Digit Zip Code: 2772
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $345,000

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 285,005
  • High Value: 343,752
  • Low Value: 226,258

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,800
  • Assessed Land Value: $35,400
  • Assessed Improvements Value: $182,400

    Sales

  • Current Sale Recording Date: Jan 11, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00004709
  • Previous Sale Recording Date: Sep 09, 2004
  • Previous Sale Amount: $165,000
  • 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

$208

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2226 ft²

Average Home Age

88.3 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# 70475593

Frequently Asked Questions

When was property at 396 Morris Street built and last sold?
The property at 396 Morris Street was built in 1961 and last sold on Jan 1, 1970 for $180,000.
How much is this home worth?
The estimated value of the home located at 396 Morris Street is $193,743.
What are some comparable homes to 396 Morris Street?
There are currently no comparable homes to 396 Morris Street.
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