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Worcester 01605 Forest Grove
10 Pelican Ave
$195,000
● House - Off Market

10 Pelican Ave

Worcester, MA 01605
bedrooms
2 Beds
bathrooms
1 Bath
square feet
885 Ft²
$311,549
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Looking for your first home or downsizing...this is the one. This well maintained 2 bedroom, 1 bath ranch is move in ready. Windows were replaced (except livingroom) 2011, Heating system and electric panel replaced 2012.Gutters 2011 and new hot water tank 2016. Hardwoods under carpets in bedrooms. Basement is ready to finish for for extra space. Deck overlooks back yard and shed. Public street will be paved this summer by city. Schedule a showing before you miss out on this gem.
Unit Size
885 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$220
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
1966

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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 months ago (MLSPIN #72164186)

Price History

Date / Event Date Event Price
Jul 28, 2017 Sold
Premium
Sold
May 15, 2017 Listed by Janice Mitchell R.E., Inc $194,900
Listed by Janice Mitchell R.E., Inc
Nov 20, 2009 Sold
Premium
Sold
Sep 17, 2009 Listed by Janice Mitchell R.E., Inc $179,900
Listed by Janice Mitchell R.E., Inc

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 885
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,099
  • Total Building Area: 885
  • Gross Building Area: 1,914
  • Building Area: 885
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 885
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000163
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730600

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 33-016-00328
  • Parcel: WORC M:33 B:016 L:00328
  • Block: 16
  • Lot: 328
  • Municipality: WORCESTER
  • Latitude: 42.3007
  • Longitude: -71.829

    Address

  • Full Address: 10 Pelican Ave
  • Address - House Number: 10
  • Address - Street Name: Pelican
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C006
  • 4-Digit Zip Code: 1124
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $385,600

    Appraisal Valuation

  • Standard Deviation: 0.203
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 356,600
  • High Value: 428,993
  • Low Value: 284,206

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,900
  • Assessed Land Value: $102,200
  • Assessed Improvements Value: $166,700

    Sales

  • Current Sale Recording Date: Jul 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81159
  • Previous Sale Recording Date: Nov 20, 2009
  • Previous Sale Amount: $177,000
  • 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 Forest Grove

Stats & Trends

Median Asking:

$519,900

Sale Price/ft²

$294

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1805 ft²

Average Home Age

81.4 years

Currently For Sale

26 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72164186

Frequently Asked Questions

When was property at 10 Pelican Avenue built and last sold?
The property at 10 Pelican Avenue was built in 1966 and last sold on Jan 1, 1970 for $195,000.
How much is this home worth?
The estimated value of the home located at 10 Pelican Avenue is $200,311.
What are some comparable homes to 10 Pelican Avenue?
There are currently no comparable homes to 10 Pelican Avenue.
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