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Southbridge Town 01550
575 Dennison Dr
$172,000
● House - Off Market

575 Dennison Dr

Southbridge, MA 01550
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,722 Ft²
$278,006
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Great location, approx. seven miles from Mass TurnPike (I90) and I-84, walking distance to Westville Recreation Area. Great home for starter or growing family offering four bedrooms, large living room, private dining room and eat-in kitchen which leads to back deck and private yard. Yard is plentiful for enjoying your brick fireplace, entertaining and gardening while the children play. Second story is electric heat. Great home, easy close.
Unit Size
1,722 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$102
Property Type
House
Property Taxes
$268
HOA Dues
-
Year Built
1962

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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 #72196726)

Price History

Date / Event Date Event Price
Feb 12, 2021 Sold
Premium
Sold
Dec 3, 2020 Listed by RE/MAX Prof Associates $284,900
Listed by RE/MAX Prof Associates
Oct 13, 2017 Sold
Premium
Sold
Jul 12, 2017 Listed by RE/MAX Prof Associates $174,900
Listed by RE/MAX Prof Associates
Jul 19, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,538
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,625
  • Total Building Area: 1,722
  • Gross Building Area: 4,058
  • Building Area: 1,722
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,722
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000359
  • 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: 757500

Zoning

  • Zoning: R1

Geography

  • Account Number: 4545
  • Parcel: SBRI M:0071 B:0036 L:00001
  • Block: 36
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.0684
  • Longitude: -72.0584

    Address

  • Full Address: 575 Dennison Dr
  • Address - House Number: 575
  • Address - Street Name: Dennison
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Southbridge
  • Carrier Code: C006
  • 4-Digit Zip Code: 2119
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $386,000

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 339,570
  • High Value: 406,807
  • Low Value: 272,334

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $243,700
  • Assessed Land Value: $34,500
  • Assessed Improvements Value: $209,200

    Sales

  • Current Sale Contract Date: Dec 31, 2020
  • Current Sale Recording Date: Feb 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20842
  • Previous Sale Recording Date: Oct 13, 2017
  • Previous Sale Amount: $172,000
  • 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

$208

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2510 ft²

Average Home Age

89.7 years

Currently For Sale

39 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: 5 months ago
Data Source: MLS PIN, MLS# 72196726

Frequently Asked Questions

When was property at 575 Dennison Drive built and last sold?
The property at 575 Dennison Drive was built in 1962 and last sold on Dec 31, 2020 for $274,900.
How much is this home worth?
The estimated value of the home located at 575 Dennison Drive is $285,261.
What are some comparable homes to 575 Dennison Drive?
There are currently no comparable homes to 575 Dennison Drive.
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