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Southbridge Town 01550
640 Dennison Dr
$301,500
● House - Off Market

640 Dennison Dr

Southbridge, MA 01550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,295 Ft²
$1,761
Est. Monthly

About This Property

Make this 3 bed 2 bath house your new home! The main upgrades have already been done. A new boiler was installed in 2021, and a new roof was installed in 2022! On the first floor,  you have a kitchen, living room, dining room, and full bath. Hardwood floors throughout, an active wood-burning fireplace, and plenty of natural light with large windows. Upstairs has 3 good sized bedrooms and a full bath. There is an unfinished basement and garage underneath for the mechanicals, laundry, and some extra storage. Outside, you have a large deck overlooking your .7-acre lot, perfect for outdoor entertainment. There is also a shed that could be used for storage, tools, or even chickens! Schedule a showing or attend the open house this Saturday from 11:00 am-1:00 pm. *** Offers due by Sunday 12/17 5:00 pm.
Unit Size
1,295 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$223
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1934

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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 #73186781)

Price History

Date / Event Date Event Price
Jan 19, 2024 Sold
Premium
Sold
Dec 18, 2023 In contract -
In contract
Dec 12, 2023 Listed by EXIT Real Estate Executives $289,000
Listed by EXIT Real Estate Executives
Jul 2, 2021 Sold
Premium
Sold
Feb 18, 2021 Listed by EXIT Real Estate Executives $249,900
Listed by EXIT Real Estate Executives
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • 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: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 700
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,313
  • Total Building Area: 1,295
  • Gross Building Area: 2,599
  • Building Area: 1,295
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,295
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000696
  • 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: 4588
  • Parcel: SBRI M:0071 B:0069 L:00001
  • Block: 69
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.0665
  • Longitude: -72.0596

    Address

  • Full Address: 640 Dennison Dr
  • Address - House Number: 640
  • Address - Street Name: Dennison
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Southbridge
  • Carrier Code: C006
  • 4-Digit Zip Code: 3802
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $409,600

    Appraisal Valuation

  • Standard Deviation: 0.2059
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 340,197
  • High Value: 410,273
  • Low Value: 270,122

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,600
  • Assessed Land Value: $41,200
  • Assessed Improvements Value: $217,400

    Sales

  • Current Sale Contract Date: Jan 19, 2024
  • Current Sale Recording Date: Jan 19, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4618
  • Previous Sale Recording Date: Jul 02, 2021
  • Previous Sale Contract Date: Jul 02, 2021
  • Previous Sale Amount: $256,000
  • 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:

$399,999

Sale Price/ft²

$210

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2727 ft²

Average Home Age

92.2 years

Currently For Sale

44 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# 73186781

Frequently Asked Questions

When was property at 640 Dennison Drive built and last sold?
The property at 640 Dennison Drive was built in 1934 and last sold on Jan 19, 2024 for $301,500.
How much is this home worth?
The estimated value of the home located at 640 Dennison Drive is $288,253.
What are some comparable homes to 640 Dennison Drive?
There are currently no comparable homes to 640 Dennison Drive.
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