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Worcester 01609 Forest Grove
17 Nizam Street
Photo of 17 Nizam Street
Sold on Dec 27, 2004

1

Map

$385,000
● House - Off Market

17 Nizam Street

Worcester, MA 01605
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,203 Ft²
$766,150
RealtyHop Estimate
94.01%
Since Jan 1, 2005
National-US
Primary Model

About This Property

3 years old colonial home better than new "Winter Hill." 4 bedrooms, 2.5 baths, 2 story foyer, 2 car garage attached. Fully appliances, with a 12x12 deck, new driveway and fences. Very easy to show!
Unit Size
2,203 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$179
Property Type
House
Property Taxes
$389
HOA Dues
-
Year Built
2002

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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 #70118615)

Price History

Date / Event Date Event Price
Dec 27, 2004 Sold
Premium
Sold
Nov 18, 2004 Listed $394,900
Listed
Nov 14, 2003 Sold
Premium
Sold
Sep 2, 2003 Listed $354,999
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 1,028
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,089
  • Total Building Area: 2,250
  • Gross Building Area: 3,859
  • Building Area: 2,250
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,250
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000163
  • 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: 33-23D-00085
  • Parcel: WORC M:33 B:23D L:00085
  • Block: 23D
  • Lot: 85
  • Municipality: WORCESTER
  • Latitude: 42.3084
  • Longitude: -71.8389

    Address

  • Full Address: 17 Nizam Dr
  • Address - House Number: 17
  • Address - Street Name: Nizam
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C006
  • 4-Digit Zip Code: 4017
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $689,200

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 618,073
  • High Value: 721,295
  • Low Value: 514,851

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $480,600
  • Assessed Land Value: $102,200
  • Assessed Improvements Value: $378,400

    Sales

  • Current Sale Recording Date: Dec 27, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 233358
  • Previous Sale Recording Date: Nov 14, 2003
  • Previous Sale Amount: $347,000
  • 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:

$520,000

Sale Price/ft²

$291

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1891 ft²

Average Home Age

82.5 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 months ago
Data Source: MLS PIN, MLS# 70118615

Frequently Asked Questions

When was property at 17 Nizam Drive built and last sold?
The property at 17 Nizam Drive was built in 2002 and last sold on Jan 1, 1970 for $385,000.
How much is this home worth?
The estimated value of the home located at 17 Nizam Drive is $409,465.
What are some comparable homes to 17 Nizam Drive?
There are currently no comparable homes to 17 Nizam Drive.
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