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Worcester 01605 Forest Grove
116 Chester Street
$245,000
● House - Off Market

116 Chester Street

Worcester, MA 01605
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,740 Ft²
$420,348
RealtyHop Estimate
68.48%
Since Aug 1, 2006
National-US
Primary Model

About This Property

ATTRACTIVE WELL MAINTAINED CAPE/GREAT NEIGHBORHOOD/WORC/HOLDEN LINE. LARGE FIREPLACE IN LVGRM.LOVELY FORMAL DINING ROOM. SPACIOUS MASTER BEDROOM. FULLY FINISHED BASEMENT (INCLUDED IN GLA). UPDATES INCL; NEW FURNANCE & HOT WATER TANK, REAR DECK, REPLACEMENT WINDOWS THROUGHOUT, AND NEWLY PAVED DRIVEWAY. FRONT IS NICELY LANDSCAPED.BACKYARD IS FENCED IN FOR PRIVACY. MOVE YOUR FAMILY INTO THIS GREAT COMMUNITY. WAY BELOW"COMPS"!!!
Unit Size
1,740 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$143
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1953

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #70354806)

Price History

Date / Event Date Event Price
Jul 7, 2006 Sold
Premium
Sold
Mar 27, 2006 Listed by ERA Key Realty Services- Spenc $249,500
Listed by ERA Key Realty Services- Spenc
Sep 27, 2000 Sold
Premium
Sold
Aug 17, 2000 Listed by ERA Key Realty Services- Spenc $149,900
Listed by ERA Key Realty Services- Spenc

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 960
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,440
  • Gross Building Area: 3,026
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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: 33-34C-00005
  • Parcel: WORC M:33 B:34C L:00005
  • Block: 34C
  • Lot: 5
  • Municipality: WORCESTER
  • Latitude: 42.3072
  • Longitude: -71.8301

    Address

  • Full Address: 116 Chester St
  • Address - House Number: 116
  • Address - Street Name: Chester
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C006
  • 4-Digit Zip Code: 1044
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $489,700

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 456,642
  • High Value: 532,904
  • Low Value: 380,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $341,500
  • Assessed Land Value: $102,200
  • Assessed Improvements Value: $239,300

    Sales

  • Current Sale Recording Date: Jul 07, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00101092
  • Previous Sale Recording Date: Sep 27, 2000
  • Previous Sale Amount: $147,000
  • 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:

$509,000

Sale Price/ft²

$299

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1965 ft²

Average Home Age

77.1 years

Currently For Sale

25 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: 6 months ago
Data Source: MLS PIN, MLS# 70354806

Frequently Asked Questions

When was property at 116 Chester Street built and last sold?
The property at 116 Chester Street was built in 1953 and last sold on Jan 1, 1970 for $245,000.
How much is this home worth?
The estimated value of the home located at 116 Chester Street is $260,329.
What are some comparable homes to 116 Chester Street?
There are currently no comparable homes to 116 Chester Street.
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