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Worcester 01534
401 Benson Rd
$375,000
● House - Off Market

401 Benson Rd

Northbridge, MA 01534
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,140 Ft²
$2,223
Est. Monthly

About This Property

Wonderful Ranch home awaits!  This bright and open Kitchen to Living Room plan is super inviting, and even spills out onto the covered porch off the living room, and covered patio from kitchen to garage. Three wonderful sized bedrooms offer so much extra space for the whole family. A full basement that is begging to be finished once again would make this home go from large to super sized immediately. Brand new septic system being installed prior to closing is ALWAYS a huge incentive. Plenty of space inside and out, with a nice yard and a garage as well. Can't go wrong here - and the low Northbridge taxes are the icing on the cake!    Old pool will be filled in while septic work is being completed, making for much more usable yard as well.
Unit Size
1,140 Ft²
Days on Market
-
Land Size
1.16 acres
Price per sqft
$338
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1953

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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 #73157075)

Price History

Date / Event Date Event Price
Jan 3, 2024 Sold
Premium
Sold
Nov 14, 2023 In contract -
In contract
Oct 5, 2023 Relisted $384,900
Relisted
Sep 16, 2023 Withdrawn -
Withdrawn
Sep 7, 2023 Listed by Heritage & Main Real Estate Inc. $384,900
Listed by Heritage & Main Real Estate Inc.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,454
  • Total Building Area: 1,140
  • Gross Building Area: 2,191
  • Building Area: 1,140
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,140
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001158
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northbridge School District
  • Census Tract: 750200

Geography

  • Parcel: NBRI M:00017 B:00012
  • Block: 12
  • Municipality: NORTHBRIDGE
  • Latitude: 42.1332
  • Longitude: -71.6593

    Address

  • Full Address: 401 Benson Rd
  • Address - House Number: 401
  • Address - Street Name: Benson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Northbridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 1151
  • Zip Code: 01534

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $399,200

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 93
  • Final Value: 386,065
  • High Value: 419,254
  • Low Value: 352,876

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $308,000
  • Assessed Land Value: $158,000
  • Assessed Improvements Value: $150,000

    Sales

  • Current Sale Contract Date: Jan 03, 2024
  • Current Sale Recording Date: Jan 03, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 381
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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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: 4 months ago
Data Source: MLS PIN, MLS# 73157075

Frequently Asked Questions

When was property at 401 Benson Road built and last sold?
The property at 401 Benson Road was built in 1953 and last sold on Jan 3, 2024 for $375,000.
How much is this home worth?
The estimated value of the home located at 401 Benson Road is $385,857.
What are some comparable homes to 401 Benson Road?
There are currently no comparable homes to 401 Benson Road.
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