NOT LISTED FOR SALE

8 Railroad St Unit 10 Northbridge, MA 01534

Estimated Value: $482,000 - $520,000

6 Beds
2 Baths
2,041 Sq Ft
$245/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $480,000 $235 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,181/month

3 Days on Market

Highlights

  • Community Stables
  • Property is near public transit
  • Jogging Path
  • Medical Services
  • Wood Flooring
  • Park

About This Home

As of December 2023

This 2-family home in Northbridge, MA offers an incredible opportunity for both owner-occupants and investors. Enjoy the character of a classic New England home, complete with architectural details that add to its appeal. With a total of 6 bedrooms and 2 bathrooms, this property is perfect for those looking for ample living space or rental income. Situated in a convenient location, 8 Railroad St is close to amenities, schools, and transportation, making it an ideal choice for tenants.

Last Agent to Sell the Property

Ann Marie Silva

Redfin Corp. Listed on: 11/09/2023

Redfin Corp.

Last Buyer's Agent

Martha Convers

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,570

Year Built

  • Built in 1890

Lot Details

  • 6,175

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,041 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 7 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Additional Features

  • 6,175 Sq Ft Lot
  • Property is near public transit
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $2,650
  • Rent includes unit 1(water other (see remarks)), unit 2(water other (see remarks))
  • Assessor Parcel Number M:00021 B:00112,1640210

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Community Stables
  • Jogging Path

Building Details

  • Insurance Expense $4,154
  • Water Sewer Expense $985
  • Operating Expense $8,319
  • Net Operating Income $20,931

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,570

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1890
  • Buyer Agency: 2
  • Dual Variable: Yes
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Hardwood
  • Interior Amenities: Other (See Remarks), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Unfinished
  • Living Area: 2041
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: NB3534
  • LIST PRICE PER Sq Ft: 220.43
  • PRICE PER Sq Ft: 235.18
  • MAIN SO: AN2314

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Hot Water Baseboard,Oil), Unit 2(Hot Water Baseboard,Oil)
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Stable(s), Medical Facility, Laundromat
  • Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks))
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 985

Lot Info

  • Parcel Number: M:00021 B:00112,1640210
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6175
  • Lot Size Units: Acres
  • PAGE: 329
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3570
  • Tax Book Number: 41267

Multi Family

  • Gross Income: 29250
  • Insurance Expense: 4154
  • Net Operating Income: 20931
  • Number Of Units Total: 2
  • Operating Expense: 8319
  • Total Actual Rent: 2650
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2007
Sold by
Flansburg Beverly D and Flansburg Charles M
Bought by
Ravagno Carmen M
Current Estimated Value
$500,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ravagno Carmen M $222,000 --
Ravagno Carmen M $222,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gyampoh Henry K $456,000
Closed Gyampoh Henry K $456,000
Closed Ravagno Carmen M $212,000
Previous Owner Flansburg Charles M $109,436
Previous Owner Flansburg Charles M $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $480,000 +6.7% $235 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $449,900 -- $220 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $4,747 $402,600 $123,100 $279,500
2024 $3,611 $298,700 $117,000 $181,700
2023 $3,570 $275,500 $110,800 $164,700
2022 $3,284 $238,500 $85,300 $153,200
2021 $2,983 $205,900 $81,200 $124,700
2020 $2,693 $194,600 $81,200 $113,400
2019 $2,296 $177,000 $81,200 $95,800
2018 $2,240 $173,100 $77,300 $95,800
2017 $2,266 $167,500 $77,300 $90,200
2016 $2,109 $153,400 $66,400 $87,000
2015 $2,052 $153,400 $66,400 $87,000
2014 $1,962 $148,000 $66,400 $81,600
Source: Public Records

Agents Affiliated with this Home

  • Ann Marie Silva

    Seller's Agent in 2023

    Ann Marie Silva

    Redfin Corp.

    (508) 207-3710

    Section Image
  • Martha Convers

    Buyer's Agent in 2023

    Martha Convers

    Lamacchia Realty, Inc.

    (774) 288-9521

    2 in this area

    87 Total Sales

    Martha Convers
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73178966

MLS Property Information Network (MLS PIN)

APN: NBRI-000021-000112

Massachusetts Worcester County Northbridge 01534

8 Railroad St Unit 10, Northbridge, MA

This home is located at 8 Railroad St Unit 10, Northbridge, MA 01534 since 09 November 2023 and is currently estimated at $500,009, approximately $244 per square foot. This property was built in 1890. 8 Railroad St Unit 10 is a home located in Worcester County with nearby schools including Northbridge Elementary School, Northbridge Middle School, and Northbridge High School.

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