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Southbridge Town 01550
46 Marjorie Ln
$230,000
● House - Off Market

46 Marjorie Ln

Southbridge, MA 01550
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,176 Ft²
$329,907
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Welcome to 46 Marjorie Ln! Last house on the street before the Westville Dam. This 3 bedroom ranch has been owned by the same person since new!  This home has a large drive way that can accommodate at least 6 cars or more. The beautiful fenced in yard is ideal for pets, kids or large gatherings! One car attached garage means no more clearing off snow or carrying groceries in the rain! Located just minutes to Sturbridge and all major highways. Come down to Marjorie Lane and see your new home before it is too late!
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$191
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
1983

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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 months ago (MLSPIN #72512397)

Price History

Date / Event Date Event Price
Aug 9, 2019 Sold
Premium
Sold
Jun 12, 2019 Listed by Keller Williams Realty Greater Worcester $225,000
Listed by Keller Williams Realty Greater Worcester

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 0
  • 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: 1,176
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,084
  • Total Building Area: 1,176
  • Gross Building Area: 2,748
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000323
  • 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: 2991
  • Parcel: SBRI M:0050 B:0075 L:00001
  • Block: 75
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.0795
  • Longitude: -72.0522

    Address

  • Full Address: 46 Marjorie Ln
  • Address - House Number: 46
  • Address - Street Name: Marjorie
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Southbridge
  • Carrier Code: C008
  • 4-Digit Zip Code: 1610
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $407,700

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 333,622
  • High Value: 402,390
  • Low Value: 264,854

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,400
  • Assessed Land Value: $33,800
  • Assessed Improvements Value: $223,600

    Sales

  • Current Sale Contract Date: Jul 15, 2019
  • Current Sale Recording Date: Aug 09, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 79166
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

60

Average Home Size

2423 ft²

Average Home Age

90.4 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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72512397

Frequently Asked Questions

When was property at 46 Marjorie Lane built and last sold?
The property at 46 Marjorie Lane was built in 1983 and last sold on Jul 15, 2019 for $230,000.
How much is this home worth?
The estimated value of the home located at 46 Marjorie Lane is $230,469.
What are some comparable homes to 46 Marjorie Lane?
There are currently no comparable homes to 46 Marjorie Lane.
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