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Southbridge Town 01550
507 Dennison Dr
$297,900
● House - Off Market

507 Dennison Dr

Southbridge, MA 01550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,621 Ft²
$292,882
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Nestled in an established neighborhood of family homes you'll find this diamond in the rough. The spacious corner lot offers beautiful views of the valley and a gives the lot a private feel. The main floor boasts a wide open floor plan with a deck off the kitchen. The first two bedroom and full bath are also found on this floor. The lower level has been converted and has its own kitchen, full bathroom, bedroom and living area. Perfect for an older teen or family member to still be at home but have their own space. There is also a 1 car garage and shed to remain for additional storage. This home does need some work and may not work for all types of financing. A little bit of paint will go a long way! The roof was replaced in 2018 per the owner. Book your showings now!
Unit Size
1,621 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$173
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1980

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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 #73030861)

Price History

Date / Event Date Event Price
Oct 17, 2022 Sold
Premium
Sold
Aug 31, 2022 Listed by RE/MAX Connections - Belchertown $279,900
Listed by RE/MAX Connections - Belchertown
Jan 26, 2009 Sold
Premium
Sold
Sep 9, 2008 Listed by RE/MAX Connections - Belchertown $175,000
Listed by RE/MAX Connections - Belchertown
Jun 1, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 910
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 14,282
  • Total Building Area: 1,621
  • Gross Building Area: 2,645
  • Building Area: 1,621
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,621
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000328
  • 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: 4444
  • Parcel: SBRI M:0069 B:0024 L:00001
  • Block: 24
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.0687
  • Longitude: -72.0561

    Address

  • Full Address: 507 Dennison Dr
  • Address - House Number: 507
  • 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: $402,700

    Appraisal Valuation

  • Standard Deviation: 0.204
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 340,057
  • High Value: 409,445
  • Low Value: 270,669

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,200
  • Assessed Land Value: $33,900
  • Assessed Improvements Value: $220,300

    Sales

  • Current Sale Contract Date: Oct 17, 2022
  • Current Sale Recording Date: Oct 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112784
  • Previous Sale Recording Date: Jan 26, 2009
  • Previous Sale Amount: $166,000
  • 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:

$399,999

Sale Price/ft²

$211

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2673 ft²

Average Home Age

90.3 years

Currently For Sale

40 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# 73030861

Frequently Asked Questions

When was property at 507 Dennison Drive built and last sold?
The property at 507 Dennison Drive was built in 1980 and last sold on Oct 17, 2022 for $279,900.
How much is this home worth?
The estimated value of the home located at 507 Dennison Drive is $281,969.
What are some comparable homes to 507 Dennison Drive?
There are currently no comparable homes to 507 Dennison Drive.
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