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Worcester 01585
993 Southbridge Road
$335,000
● House - Off Market

993 Southbridge Road

Warren, MA 01083
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$440,136
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Welcome home to this beautiful new construction, ready for occupancy in 4  Weeks. 3 bedroom, 2 bath contemporary split with vaulted ceilings in the kitchen/dining/living great room. Open concept creates a warm and inviting space to entertain. Slider to private backyard with deck for your screenhouse/outside dining area. Enjoy one floor living with the laundry area above! Energy efficient forced hot air by propane gas, central air conditioning and a hybrid hot water heat pump. Cabinet packed kitchen with granite counter tops, a center island and stainless appliances.  2 car garage under. LOCATION, LOCATION, minutes to Routes 9 and 20, and 84 -Midway between Mass Pike Exits 8 and 9 for an easy commute in many directions. More pictures to follow soon.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
1.60 acres
Price per sqft
$239
Property Type
House
Property Taxes
$72
HOA Dues
-
Year Built
2020

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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 years ago (MLSPIN #72747891)

Price History

Date / Event Date Event Price
Dec 8, 2020 Sold
Premium
Sold
Oct 23, 2020 Listed by Property One $335,000
Listed by Property One
Jul 3, 2020 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,036
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 70,047
  • Total Building Area: 1,974
  • Gross Building Area: 4,058
  • Building Area: 1,974
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,974
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001608
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Quaboag Regional School District
  • Census Tract: 761100

Zoning

  • Zoning: RUR

Geography

  • Parcel: WARR M:0010 B:0000 L:9-4
  • Lot: 9-4
  • Municipality: WARREN
  • Latitude: 42.1905
  • Longitude: -72.1774

    Address

  • Full Address: 993 Southbridge Rd
  • Address - House Number: 993
  • Address - Street Name: Southbridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Brookfield
  • Carrier Code: R003
  • 4-Digit Zip Code: 6077
  • Zip Code: 01585

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $505,100

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 84
  • Final Value: 394,387
  • High Value: 446,645
  • Low Value: 342,129

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $319,700
  • Assessed Land Value: $62,000
  • Assessed Improvements Value: $257,700

    Sales

  • Current Sale Contract Date: Nov 23, 2020
  • Current Sale Recording Date: Dec 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 151883
  • Previous Sale Recording Date: Jul 03, 2020
  • Previous Sale Contract Date: Jul 03, 2020
  • Previous Sale Amount: $85,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2401 ft²

Average Home Age

63.3 years

Currently For Sale

2000 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72747891

Frequently Asked Questions

When was property at 993 Southbridge Road built and last sold?
The property at 993 Southbridge Road was built in 2020 and last sold on Nov 23, 2020 for $335,000.
How much is this home worth?
The estimated value of the home located at 993 Southbridge Road is $0.
What are some comparable homes to 993 Southbridge Road?
There are currently no comparable homes to 993 Southbridge Road.
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