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Worcester 01609 Forest Grove
124 Forest St
$405,000
● House - Off Market

124 Forest St

Worcester, MA 01609
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,856 Ft²
$619,976
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Pride of ownership and attention to details went into this four bedroom custom-built  Colonial with 2x6 construction on the very accessible Northwest side on the city. This 10 year old home features 2.5 baths and a separate 2nd floor laundry room. Expansive Great room for entertaining with French doors that lead to a comfortable sized dining room with chair walls. Hardwoods through-out the first floor. The Kitchen boasts all the bells and whistles including a built in wine chiller, gas stove with a hood vent and stainless steel appliances. Luxurious Master suite with a walk in closet and a spa-style Master bath. Great proximity to WPI, Shops, restaurants and Rtes 190 and 290
Unit Size
2,856 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$143
Property Type
House
Property Taxes
$656
HOA Dues
-
Year Built
2008

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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: 4 months ago (MLSPIN #72323523)

Price History

Date / Event Date Event Price
Jun 22, 2018 Sold
Premium
Sold
May 9, 2018 Listed by DCU Realty - Marlboro $409,000
Listed by DCU Realty - Marlboro
Dec 24, 2008 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 864
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,201
  • Total Building Area: 2,856
  • Gross Building Area: 4,460
  • Building Area: 2,856
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,856
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • 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: 20-028-10121
  • Parcel: WORC M:20 B:028 L:10121
  • Block: 28
  • Lot: 10121
  • Municipality: WORCESTER
  • Latitude: 42.2908
  • Longitude: -71.8158

    Address

  • Full Address: 124 Forest St
  • Address - House Number: 124
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C007
  • 4-Digit Zip Code: 1525
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $844,500

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 693,541
  • High Value: 815,357
  • Low Value: 571,724

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $588,900
  • Assessed Land Value: $105,300
  • Assessed Improvements Value: $483,600

    Sales

  • Current Sale Recording Date: Jun 22, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 62266
  • Previous Sale Recording Date: Dec 24, 2008
  • Previous Sale Amount: $439,000
  • 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

0.01%

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72323523

Frequently Asked Questions

When was property at 124 Forest Street built and last sold?
The property at 124 Forest Street was built in 2008 and last sold on Jan 1, 1970 for $405,000.
How much is this home worth?
The estimated value of the home located at 124 Forest Street is $433,756.
What are some comparable homes to 124 Forest Street?
There are currently no comparable homes to 124 Forest Street.
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