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Worcester 01534
547 Benson Rd
$374,000
● House - Off Market

547 Benson Rd

Northbridge, MA 01534
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,572 Ft²
$496,929
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Stately Hip roof ranch home,  3 spacious bedroom, 2 full baths, updated kitchen with new appliances, fireplaced living, hardwoods, tile entry foyer, new roof shingles, freshly painted exterior and interior, laundry room, 2 car garage plus shed, town water and town sewer, front porch, good highway access, move in ready.
Unit Size
1,572 Ft²
Days on Market
-
Land Size
0.98 acres
Price per sqft
$238
Property Type
House
Property Taxes
$354
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 #72709345)

Price History

Date / Event Date Event Price
Nov 20, 2020 Sold
Premium
Sold
Aug 13, 2020 Listed by Salzberg Real Estate $374,900
Listed by Salzberg Real Estate
Oct 10, 2018 Sold
Premium
Sold
Oct 7, 2018 No longer available -
No longer available
Oct 5, 2018 -
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 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: 42,614
  • Total Building Area: 1,572
  • Gross Building Area: 3,224
  • Building Area: 1,572
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,572
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000978
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: NBRI M:00021 B:00022
  • Block: 22
  • Municipality: NORTHBRIDGE
  • Latitude: 42.1351
  • Longitude: -71.6546

    Address

  • Full Address: 547 Benson Rd
  • Address - House Number: 547
  • Address - Street Name: Benson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Northbridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 1112
  • Zip Code: 01534

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $506,900

    Appraisal Valuation

  • Standard Deviation: 0.1854
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 503,705
  • High Value: 597,129
  • Low Value: 410,282

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $391,100
  • Assessed Land Value: $156,800
  • Assessed Improvements Value: $234,300

    Sales

  • Current Sale Contract Date: Nov 05, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 143164
  • Previous Sale Recording Date: Oct 10, 2018
  • Previous Sale Amount: $261,200
  • Previous Sale Document Type: 34
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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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# 72709345

Frequently Asked Questions

When was property at 547 Benson Road built and last sold?
The property at 547 Benson Road was built in 1953 and last sold on Nov 5, 2020 for $374,000.
How much is this home worth?
The estimated value of the home located at 547 Benson Road is $378,862.
What are some comparable homes to 547 Benson Road?
There are currently no comparable homes to 547 Benson Road.
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