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Southbridge Town 01550
8 Spring Street
$228,000
● House - Off Market

8 Spring Street

Southbridge, MA 01550
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,016 Ft²
$324,192
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Fall in love with this custom designed home full of character. This homes screams pride in ownership with beautiful tiled floors throughout, high decorative ceilings, bay windows, stainless steel appliances, a fireplace with pellet stove insert and an oversized deck.  You can't go wrong with a custom built bar in your living room perfect for entertaining! The bedrooms are located on the second level with brand new carpets and a massive master bedroom with two huge closets. The fully finished basement is perfect for entertaining or additional living space; with a full bathroom and separate room with two closets. Recent updates include a new hot water tank, fresh paint, young roof and professionally maintained landscaping. Welcome home!
Unit Size
2,016 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$113
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1925

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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: 5 months ago (MLSPIN #72610043)

Price History

Date / Event Date Event Price
Apr 14, 2020 Sold
Premium
Sold
Jan 21, 2020 Listed by Neighborhood Assistance $228,000
Listed by Neighborhood Assistance
Fall in love with this custom designed home full of character. This homes screams pride in ownership with beautiful tiled floors throughout, high decorative ceilings, bay windows, stainless steel appliances, a fireplace with pellet stove insert and an oversized deck. You can’t go wrong with a custom built bar in your living room perfect for entertaining! The bedrooms are located on the second level with brand new carpets and a massive master bedroom with two huge closets. The fully finished basement is perfect for entertaining or additional living space; with a full bathroom and separate room with two closets. Recent updates include a new hot water tank, fresh paint, young roof and professionally maintained landscaping. Welcome home!
Dec 15, 2019 No longer available -
No longer available
Dec 9, 2019 Listed by Keller Williams Boston MetroWest $229,900
Listed by Keller Williams Boston MetroWest
Jul 25, 2017 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • 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: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,785
  • Total Building Area: 1,344
  • Gross Building Area: 2,826
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000133
  • 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: R2

Geography

  • Account Number: 3481
  • Parcel: SBRI M:0053 B:0234 L:00001
  • Block: 234
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.0704
  • Longitude: -72.0394

    Address

  • Full Address: 8 Spring St
  • Address - House Number: 8
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Southbridge
  • Carrier Code: C005
  • 4-Digit Zip Code: 3622
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $457,900

    Appraisal Valuation

  • Standard Deviation: 0.2316
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 53
  • Final Value: 321,172
  • High Value: 395,560
  • Low Value: 246,783

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,100
  • Assessed Land Value: $30,300
  • Assessed Improvements Value: $258,800

    Sales

  • Current Sale Contract Date: Mar 09, 2020
  • Current Sale Recording Date: Apr 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37064
  • Previous Sale Recording Date: Jul 25, 2017
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 55
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

$209

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2522 ft²

Average Home Age

90.3 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72610043

Frequently Asked Questions

When was property at 8 Spring Street built and last sold?
The property at 8 Spring Street was built in 1925 and last sold on Mar 9, 2020 for $228,000.
How much is this home worth?
The estimated value of the home located at 8 Spring Street is $243,172.
What are some comparable homes to 8 Spring Street?
There are currently no comparable homes to 8 Spring Street.
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