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Southbridge Town 01550
489 Dennison Dr
$225,000
● House - Off Market

489 Dennison Dr

Southbridge, MA 01550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,800 Ft²
$505,797
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

DREAMING OF A LARGE EXQUISITE BRICK RANCH ON A SUNNY WELL LANDSCAPED LEVEL ACRE IN ONE OF OUR PREFERRED NEIGHBORHOODS?  HERE IT IS!!  ELEGANT INTERIOR W/ CENTRAL AIR, 2 FIREPLACES, GLEAMING HARDWD FLOORS, TILED KITCHEN & BATHS, 3 BIG BRS, BEAUTIFULLY FIN'D WALKOUT LL W/ GREAT IN-LAW SET-UP (FULL KITCHEN & BATH) & FR DOORS TO A COVERED PATIO TO ENJOY THE TOTALLY PRIVATE BACK YARD!  GENERATOR READY ELEC PANEL.
Unit Size
2,800 Ft²
Days on Market
-
Land Size
1.07 acres
Price per sqft
$84
Property Type
House
Property Taxes
$301
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71305564)

Price History

Date / Event Date Event Price
Dec 11, 2020 Sold
Premium
Sold
Sep 29, 2020 Listed by RE/MAX Prof Associates $289,900
Listed by RE/MAX Prof Associates
Jun 29, 2012 Sold
Premium
Sold
Oct 27, 2011 Listed by RE/MAX Prof Associates $234,900
Listed by RE/MAX Prof Associates

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 23
  • 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: 1,632
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,577
  • Total Building Area: 1,632
  • Gross Building Area: 4,224
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000656
  • 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: 757400

Zoning

  • Zoning: R1

Geography

  • Account Number: 4441
  • Parcel: SBRI M:0069 B:0020 L:00001
  • Block: 20
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.0694
  • Longitude: -72.0555

    Address

  • Full Address: 489 Dennison Dr
  • Address - House Number: 489
  • Address - Street Name: Dennison
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Southbridge
  • Carrier Code: C006
  • 4-Digit Zip Code: 2115
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $586,100

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 440,301
  • High Value: 524,061
  • Low Value: 356,542

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $370,000
  • Assessed Land Value: $40,300
  • Assessed Improvements Value: $329,700

    Sales

  • Current Sale Contract Date: Dec 02, 2020
  • Current Sale Recording Date: Dec 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 154117
  • Previous Sale Recording Date: Jun 29, 2012
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: O
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

$210

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2758 ft²

Average Home Age

91.5 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: 4 months ago
Data Source: MLS PIN, MLS# 71305564

Frequently Asked Questions

When was property at 489 Dennison Drive built and last sold?
The property at 489 Dennison Drive was built in 1955 and last sold on Dec 2, 2020 for $320,000.
How much is this home worth?
The estimated value of the home located at 489 Dennison Drive is $291,739.
What are some comparable homes to 489 Dennison Drive?
There are currently no comparable homes to 489 Dennison Drive.
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