
342 Providence Rd South Grafton, MA 01560
Estimated Value: $658,000 - $681,000
Highlights
- Golf Course Community
- Community Stables
- Property is near public transit
- Grafton High School Rated A-
- Medical Services
- Wood Flooring
About This Home
As of November 2023Start putting your hard earned money to work for you! This is a rare opportunity to own an amazing investment property, either as a traditional income producing property or as an owner occupied property. The property presents a chance to collect rent while you live in one of the units to help pay off your mortgage. The top floor unit, which is currently vacant, would make a great owner occupy unit with access to the walk up attic. By making some slight changes, you could significantly increase the square footage of the top floor unit if you added the attic space to the total square footage of the unit. The property also offers two garage spaces, which is an added bonus for a rental property and future income potential. The property offers a great commuting location with access to major roads and access to the commuter rail. A high rental demand for the area along with a higher rated school system ensures that the rental demand for the property will only continue to rise.
Last Buyer's Agent
Sanjeev Jha
Namaste Boston Homes
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,210
Year Built
- Built in 1900
Lot Details
- 0.29 Acre Lot
- Near Conservation Area
- Fenced
- Gentle Sloping Lot
- Cleared Lot
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
- Assigned Parking
Home Design
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,016 Sq Ft Home
- Insulated Windows
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Partial Basement
- Block Basement Construction
Location
- Property is near public transit
- Property is near schools
Utilities
- Cooling Available
- 3 Heating Zones
- Heating Available
- Knob And Tube Electrical Wiring
- Natural Gas Connected
Additional Features
- Energy-Efficient Thermostat
- Porch
Listing and Financial Details
- Total Actual Rent $4,185
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:0124 B:0000 L:0056.0,1528757
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Community Stables
- Jogging Path
- Bike Trail
Building Details
- Water Sewer Expense $1,578
- Operating Expense $4,841
- Net Operating Income $50,220
Ownership History
Purchase Details
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Winner William R | $171,000 | -- | |
Winner William R | $171,000 | -- |
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Khan Liaqat A | $496,000 | |
Closed | Khan Liaqat A | $496,000 | |
Previous Owner | Tripp Judith | $66,500 | |
Previous Owner | Tripp Judith | $15,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
11/30/2023 11/30/23 | Sold | $620,000 | 0.0% | $308 / Sq Ft |
10/18/2023 10/18/23 | Pending | -- | -- | -- |
10/06/2023 10/06/23 | For Sale | $619,900 | -- | $307 / Sq Ft |
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $8,089 | $580,300 | $141,000 | $439,300 |
2024 | $6,282 | $439,000 | $134,300 | $304,700 |
2023 | $6,210 | $395,300 | $134,300 | $261,000 |
2022 | $5,494 | $325,500 | $115,300 | $210,200 |
2021 | $5,322 | $309,800 | $104,800 | $205,000 |
2020 | $4,907 | $297,400 | $104,800 | $192,600 |
2019 | $4,650 | $279,100 | $86,500 | $192,600 |
2018 | $4,144 | $249,800 | $85,500 | $164,300 |
2017 | $4,007 | $244,300 | $68,700 | $175,600 |
2016 | $4,115 | $245,700 | $80,600 | $165,100 |
2015 | $4,005 | $242,700 | $79,500 | $163,200 |
2014 | $3,435 | $225,100 | $89,200 | $135,900 |
Agents Affiliated with this Home
-
Seller's Agent in 2023
Steven Lindquist
RE/MAX
(508) 981-1395
3 in this area
56 Total Sales
-
S
Buyer's Agent in 2023
Sanjeev Jha
Namaste Boston Homes
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73167544

APN: GRAF-000124-000000-000560
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