For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Worcester 01605 Forest Grove
16 Nelson Park Dr
$260,000
● House - Off Market

16 Nelson Park Dr

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,156 Ft²
$285,996
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

ATTENTION CASH BUYERS AND CONTRACTORS! Rehab loan or cash buyers look at this adorable ranch in desirable Nelson Park area brimming with potential. Interior offers large living room dining room combo with hardwoods, eat in kitchen, 14x14 cathedral sunroom, and 3 bedrooms, all with closets and hardwoods. Full walk out basement. Nice sized private back yard with patio.  Windows have been replaced and roof is newer. Pull down to attic. Lovely quiet street of well-kept homes, walking distance to Nelson Place School.  Easy highway access.
Unit Size
1,156 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$216
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1954

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 5 years ago (MLSPIN #72840369)

Price History

Date / Event Date Event Price
Nov 18, 2021 Sold
Premium
Sold
Sep 30, 2021 Listed by Century 21 XSELL REALTY $349,900
Listed by Century 21 XSELL REALTY
Aug 4, 2021 Sold
Premium
Sold
Jun 1, 2021 Listed by Century 21 XSELL REALTY $249,900
Listed by Century 21 XSELL REALTY

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 7,944
  • Total Building Area: 986
  • Gross Building Area: 2,182
  • Building Area: 986
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 986
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000182
  • 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: 21-022-00016
  • Parcel: WORC M:21 B:022 L:00016
  • Block: 22
  • Lot: 16
  • Municipality: WORCESTER
  • Latitude: 42.2972
  • Longitude: -71.8221

    Address

  • Full Address: 16 Nelson Park Dr
  • Address - House Number: 16
  • Address - Street Name: Nelson Park
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C010
  • 4-Digit Zip Code: 1122
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $448,800

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 416,499
  • High Value: 494,625
  • Low Value: 338,374

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $313,000
  • Assessed Land Value: $105,600
  • Assessed Improvements Value: $207,400

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 161949
  • Previous Sale Recording Date: Aug 04, 2021
  • Previous Sale Contract Date: Jul 29, 2021
  • Previous Sale Amount: $260,000
  • 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:

$519,950

Sale Price/ft²

$292

Below Asking

0.01%

Average Days on Market

51

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: 5 years ago
Data Source: MLS PIN, MLS# 72840369

Frequently Asked Questions

When was property at 16 Nelson Park Drive built and last sold?
The property at 16 Nelson Park Drive was built in 1954 and last sold on Nov 18, 2021 for $380,000.
How much is this home worth?
The estimated value of the home located at 16 Nelson Park Drive is $0.
What are some comparable homes to 16 Nelson Park Drive?
There are currently no comparable homes to 16 Nelson Park Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Worcester Homes for Sale
Worcester Houses for Sale
Worcester Condos for Sale
Worcester Townhouses for Sale
Worcester Multifamily for Sale
Worcester Land for Sale
Worcester Commercial for Sale
Worcester Homes with Basements
Nearby Cities
Northborough Homes for Sale
Whitinsville Homes for Sale
Clinton Homes for Sale
Oxford Homes for Sale
Spencer Homes for Sale
Westborough Homes for Sale
Upton Homes for Sale
East Douglas Homes for Sale
Nearby Property Records
Worcester County, MA Property Records
Middlesex County, MA Property Records
Providence County, RI Property Records
Windham County, CT Property Records
Norfolk County, MA Property Records
Hillsborough County, NH Property Records
Tolland County, CT Property Records
Kent County, RI Property Records
Neighborhoods
Webster Square Real Estate
Broadmeadow Brook Real Estate
West Tatnuck Real Estate
Greendale Real Estate
Forest Grove Real Estate
Grafton Hill Real Estate
Vernon Hill Real Estate
Burncoat Real Estate
Nearby Counties
Shrewsbury Homes for Sale
Grafton Homes for Sale
Holden Homes for Sale
Westborough Homes for Sale
Auburn Homes for Sale
Northborough Homes for Sale
Northbridge Homes for Sale
Clinton Homes for Sale
Top Real Estate Agents
Top Agents in Forest Grove
Top Agents in Worcester
Top Agents in 01545
Top Agents in Shrewsbury
Top Agents in 01604
Top Agents in 01602
Top Agents in Grafton
Top Agents in 01606