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Worcester 01605 Forest Grove
15 Drummond Avenue
$165,000
● House - Off Market

15 Drummond Avenue

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,400 Ft²
$412,686
RealtyHop Estimate
153.96%
Since Jun 1, 2002
National-US
Primary Model

About This Property

WELL MAINTAINED CONTEMPORARY. UPDATED KITCHEN. HARDWOODS THROUGH OUT. LOCATED IN ATTRACTIVE NEIGHBORHOOD, CLOSE TO SHOPPING MALLS, MAJOR ROUTES AND SCHOOLS.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$116
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1923

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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 years ago (MLSPIN #30592646)

Price History

Date / Event Date Event Price
May 31, 2002 Sold
Premium
Sold
Apr 1, 2002 Listed by Maria Smith Real Estate $162,500
Listed by Maria Smith Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • 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: 624
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,673
  • Total Building Area: 1,668
  • Gross Building Area: 2,710
  • Building Area: 1,668
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,668
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000176
  • 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: 33-009-00074
  • Parcel: WORC M:33 B:009 L:00074
  • Block: 9
  • Lot: 74
  • Municipality: WORCESTER
  • Latitude: 42.3043
  • Longitude: -71.8199

    Address

  • Full Address: 15 Drummond Ave
  • Address - House Number: 15
  • Address - Street Name: Drummond
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C003
  • 4-Digit Zip Code: 3103
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $475,800

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 443,650
  • High Value: 517,742
  • Low Value: 369,558

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $331,800
  • Assessed Land Value: $102,400
  • Assessed Improvements Value: $229,400

    Sales

  • Current Sale Recording Date: May 31, 2002
  • Current Sale Price:
    Premium
  • Current 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

51

Average Home Size

1828 ft²

Average Home Age

80.7 years

Currently For Sale

27 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30592646

Frequently Asked Questions

When was property at 15 Drummond Avenue built and last sold?
The property at 15 Drummond Avenue was built in 1923 and last sold on Jan 1, 1970 for $165,000.
How much is this home worth?
The estimated value of the home located at 15 Drummond Avenue is $0.
What are some comparable homes to 15 Drummond Avenue?
There are currently no comparable homes to 15 Drummond Avenue.
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