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Worcester 01605 Forest Grove
11 Vega Ln
$345,000
● House - Off Market

11 Vega Ln

Worcester, MA 01605
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,082 Ft²
$593,943
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Impeccably cared for and tastefully updated Cape style home on the HOLDEN line has everything you are looking for: 4 bedrooms, 3.5 bathrooms; first floor laundry; attached 2 car garage; spacious, open concept, eat-in kitchen/den overlooks HUGE deck (great for entertaining!); formal living and dining areas (inviting for everyday use);  first floor master; loft area (perfect for an office or reading nook); loads of natural light; recent roof, appliances, light fixtures, deck, and carpeting; minutes to Routes 190, 290, 2 and 146... A commuters dream!
Unit Size
2,082 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$168
Property Type
House
Property Taxes
$478
HOA Dues
-
Year Built
1988

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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: 4 months ago (MLSPIN #71976988)

Price History

Date / Event Date Event Price
Nov 13, 2020 Sold
Premium
Sold
Sep 21, 2020 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $475,000
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Jun 2, 2016 Sold
Premium
Sold
Mar 23, 2016 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $349,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Oct 17, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,436
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,464
  • Total Building Area: 2,082
  • Gross Building Area: 5,064
  • Building Area: 2,082
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,082
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000194
  • 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: 33-043-01-05
  • Parcel: WORC M:33 B:043 L:01-05
  • Block: 43
  • Lot: 1-5
  • Municipality: WORCESTER
  • Latitude: 42.3095
  • Longitude: -71.8248

    Address

  • Full Address: 11 Vega Ln
  • Address - House Number: 11
  • Address - Street Name: Vega
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Worcester
  • Carrier Code: C003
  • 4-Digit Zip Code: 1009
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $693,800

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 617,712
  • High Value: 726,479
  • Low Value: 508,945

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $483,800
  • Assessed Land Value: $102,700
  • Assessed Improvements Value: $381,100

    Sales

  • Current Sale Contract Date: Nov 04, 2020
  • Current Sale Recording Date: Nov 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 138730
  • Previous Sale Recording Date: Jun 02, 2016
  • Previous Sale Amount: $345,000
  • 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 Forest Grove

Stats & Trends

Median Asking:

$519,900

Sale Price/ft²

$294

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1902 ft²

Average Home Age

83.1 years

Currently For Sale

24 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: 4 months ago
Data Source: MLS PIN, MLS# 71976988

Frequently Asked Questions

When was property at 11 Vega Lane built and last sold?
The property at 11 Vega Lane was built in 1988 and last sold on Nov 4, 2020 for $495,000.
How much is this home worth?
The estimated value of the home located at 11 Vega Lane is $482,108.
What are some comparable homes to 11 Vega Lane?
There are currently no comparable homes to 11 Vega Lane.
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