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Worcester 01534
504 School St
$235,000
● House - Off Market

504 School St

Northbridge, MA 01534
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,092 Ft²
$407,875
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Welcome to 504 School Street! This Marvelous, Well Maintained Ranch has it All! Large Living Room with Wood Burning Fireplace ~ Spacious Eat-In Kitchen ~ 3 Good Size Bedrooms and a Beautifully Updated Bath! You'll find a Partially Finished Basement and Loads of Storage with Walk-Out Access to a Fabulous Backyard! New Heating installed 3 Years ago with a Buderus Unit and The Roof, Windows and Vinyl Siding are New within the past 10 Years! Outside you'll find a Huge 28x12 and 12x10 Tiered Deck with an Enjoyable Above Ground Swimming Pool and Gorgeous Views of the Blackstone River! All this Located Close to the Upton Town Line ~ An Excellent Commuter Location!
Unit Size
1,092 Ft²
Days on Market
-
Land Size
2.16 acres
Price per sqft
$211
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1975

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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 #71886906)

Price History

Date / Event Date Event Price
Oct 26, 2020 Sold
Premium
Sold
Sep 10, 2020 Listed by ERA Key Realty Services $289,900
Listed by ERA Key Realty Services
Nov 30, 2015 Sold
Premium
Sold
Aug 10, 2015 Listed by ERA Key Realty Services $229,900
Listed by ERA Key Realty Services
Oct 23, 1998 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • 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: 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: 0
  • Basement Area: 804
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 94,014
  • Total Building Area: 1,144
  • Gross Building Area: 2,840
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002158
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northbridge School District
  • Census Tract: 750300

Geography

  • Parcel: NBRI M:00022 B:00057
  • Block: 57
  • Municipality: NORTHBRIDGE
  • Latitude: 42.1465
  • Longitude: -71.6392

    Address

  • Full Address: 504 School St
  • Address - House Number: 504
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Northbridge
  • Carrier Code: R003
  • 4-Digit Zip Code: 1211
  • Zip Code: 01534

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $453,000

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 441,566
  • High Value: 518,529
  • Low Value: 364,603

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,500
  • Assessed Land Value: $164,700
  • Assessed Improvements Value: $184,800

    Sales

  • Current Sale Contract Date: Oct 22, 2020
  • Current Sale Recording Date: Oct 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 128322
  • Previous Sale Recording Date: Nov 30, 2015
  • Previous Sale Amount: $235,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2401 ft²

Average Home Age

63.3 years

Currently For Sale

2000 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: 4 months ago
Data Source: MLS PIN, MLS# 71886906

Frequently Asked Questions

When was property at 504 School Street built and last sold?
The property at 504 School Street was built in 1975 and last sold on Oct 22, 2020 for $310,000.
How much is this home worth?
The estimated value of the home located at 504 School Street is $293,333.
What are some comparable homes to 504 School Street?
There are currently no comparable homes to 504 School Street.
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