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Southbridge Town 01550
904 Worcester St
Photo of 904 Worcester St

1

Map

$149,900
● Commercial - Off Market

904 Worcester St

Southbridge, MA 01550
bedrooms
Studio
bathrooms
0 Bath
$949
Est. Monthly

About This Property

Currently used a SF home. Do you have a business and are looking for space, this could be it. 2 levels, 4 rooms down with Kitchen and 3 rooms up with a bath on each level.  Very easy to create additional parking on this nice level lot. Recent updates including 200 amp electrical service, newer hot water heater, newer windows. Call to view.
Unit Size
-
Days on Market
-
Land Size
0.63 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$212
HOA Dues
-
Year Built
1930

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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: 2 months ago (MLSPIN #71211043)

Price History

Date / Event Date Event Price
Jun 29, 2021 Sold
Premium
Sold
Apr 4, 2011 Listed by EXIT Realty Partners $149,900
Listed by EXIT Realty Partners
Jan 26, 2005 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,500
  • Total Building Area: 1,458
  • Gross Building Area: 3,171
  • Building Area: 1,458
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,458
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • 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: 757100

Zoning

  • Zoning: GB

Geography

  • Account Number: 67
  • Parcel: SBRI M:0003 B:0042 L:00001
  • Block: 42
  • Lot: 1
  • Municipality: SOUTHBRIDGE
  • Latitude: 42.1015
  • Longitude: -72.0173

    Address

  • Full Address: 904 Worcester St
  • Address - House Number: 904
  • Address - Street Name: Worcester
  • Address - Suffix Type: St
  • State: MA
  • City Name: Southbridge
  • Carrier Code: C002
  • 4-Digit Zip Code: 1367
  • Zip Code: 01550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $410,600

    Appraisal Valuation

  • Standard Deviation: 0.1975
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 339,795
  • High Value: 406,911
  • Low Value: 272,679

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $259,200
  • Assessed Land Value: $33,600
  • Assessed Improvements Value: $225,600

    Sales

  • Current Sale Contract Date: Jun 29, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 90885
  • Previous Sale Recording Date: Jan 26, 2005
  • Previous Sale Amount: $32,721
  • 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:

$400,000

Sale Price/ft²

$209

Below Asking

0.02%

Average Days on Market

62

Average Home Size

2255 ft²

Average Home Age

88.7 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: 2 months ago
Data Source: MLS PIN, MLS# 71211043

Frequently Asked Questions

When was property at 904 Worcester Street built and last sold?
The property at 904 Worcester Street was built in 1930 and last sold on Jun 29, 2021 for $292,000.
How much is this home worth?
The estimated value of the home located at 904 Worcester Street is $271,041.
What are some comparable homes to 904 Worcester Street?
There are currently no comparable homes to 904 Worcester Street.
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