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Worcester 01606 Forest Grove
16 Drummond Avenue
$150,000
● House - Off Market

16 Drummond Avenue

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
906 Ft²
$391,939
RealtyHop Estimate
166.81%
Since Jan 1, 2002
National-US
Primary Model

About This Property

ABSOLUTELY CHARMING 3 BR COLONIAL, VINYL SIDED, CORNER LOT, GARAGE, PATIO, HARDWOODS THROUGHOUT, EAT-IN KITCHEN, SUN PORCH, NEWER WINDOWS, ROOF APPROX. 12 YEARS OLD
Unit Size
906 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$162
Property Type
House
Property Taxes
$98
HOA Dues
-
Year Built
1922

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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 #30528033)

Price History

Date / Event Date Event Price
Oct 20, 2004 Sold
Premium
Sold
Dec 13, 2001 Sold
Premium
Sold
Jul 30, 2001 Listed by Century 21 Tangney Associates $146,900
Listed by Century 21 Tangney Associates

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 3
  • 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: 604
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,022
  • Total Building Area: 1,068
  • Gross Building Area: 1,947
  • Building Area: 1,068
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,068
  • 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: 33-010-00103
  • Parcel: WORC M:33 B:010 L:00103
  • Block: 10
  • Lot: 103
  • Municipality: WORCESTER
  • Latitude: 42.3046
  • Longitude: -71.8203

    Address

  • Full Address: 16 Drummond Ave
  • Address - House Number: 16
  • Address - Street Name: Drummond
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C003
  • 4-Digit Zip Code: 3130
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $422,200

    Appraisal Valuation

  • Standard Deviation: 0.2766
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 389,745
  • High Value: 497,548
  • Low Value: 281,941

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $294,400
  • Assessed Land Value: $102,200
  • Assessed Improvements Value: $192,200

    Sales

  • Current Sale Recording Date: Oct 20, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 191519
  • Previous Sale Recording Date: Dec 13, 2001
  • Previous Sale Amount: $150,050
  • 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:

$520,000

Sale Price/ft²

$291

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1826 ft²

Average Home Age

79.2 years

Currently For Sale

23 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 years ago
Data Source: MLS PIN, MLS# 30528033

Frequently Asked Questions

When was property at 16 Drummond Avenue built and last sold?
The property at 16 Drummond Avenue was built in 1922 and last sold on Jan 1, 1970 for $225,000.
How much is this home worth?
The estimated value of the home located at 16 Drummond Avenue is $0.
What are some comparable homes to 16 Drummond Avenue?
There are currently no comparable homes to 16 Drummond Avenue.
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