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Worcester 01609 Forest Grove
17 Spring Valley Rd
$324,500
● House - Off Market

17 Spring Valley Rd

Worcester, MA 01609
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,194 Ft²
$547,834
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

***New to Market property off upper Salisbury St! Original ranch style home converted to Garrison colonial in 1994 by G.M. Bergeron.  Bright & open foyer with cathedral ceiling. Fireplaced LR and formal DR both with hardwoods, cabinet packed eat in KIT (2007) with double ovens, quartz counters & tile backsplash, comfortable FR with slider to composite deck, full bath plus bedroom/office.  Three additional bedrooms all with hardwoods including spacious master with walk in closet plus 2 full baths on second level. Fully fenced yard with shed, stone wall and above ground pool.  Two car attached garage.  Recent radon mitigation system.  Vinyl siding and windows for low maintenance.   Wonderfully convenient location with easy access to schools, stores and other area amenities.***
Unit Size
2,194 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$148
Property Type
House
Property Taxes
$440
HOA Dues
-
Year Built
1961

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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 #72043939)

Price History

Date / Event Date Event Price
Sep 9, 2016 Sold
Premium
Sold
Jul 27, 2016 Listed by Tina Bilazarian, Inc. $324,500
Listed by Tina Bilazarian, Inc.
Jul 10, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 1,100
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,750
  • Total Building Area: 2,194
  • Gross Building Area: 4,386
  • Building Area: 2,194
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,194
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND WORCESTER
  • Land Acres: 0000000362
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730600

Zoning

  • Zoning: RS-10

Geography

  • Account Number: 55-17A-0212A
  • Parcel: WORC M:55 B:17A L:0212A
  • Block: 17A
  • Lot: 212A
  • Municipality: WORCESTER
  • Latitude: 42.2992
  • Longitude: -71.8369

    Address

  • Full Address: 17 Spring Valley Rd
  • Address - House Number: 17
  • Address - Street Name: Spring Valley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C003
  • 4-Digit Zip Code: 1129
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $645,400

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 582,821
  • High Value: 680,155
  • Low Value: 485,486

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $450,100
  • Assessed Land Value: $106,700
  • Assessed Improvements Value: $343,400

    Sales

  • Current Sale Recording Date: Sep 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 101290
  • Previous Sale Recording Date: Jul 10, 1991
  • Previous Sale Amount: $135,500
  • 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:

$519,950

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72043939

Frequently Asked Questions

When was property at 17 Spring Valley Road built and last sold?
The property at 17 Spring Valley Road was built in 1961 and last sold on Jan 1, 1970 for $324,500.
How much is this home worth?
The estimated value of the home located at 17 Spring Valley Road is $343,550.
What are some comparable homes to 17 Spring Valley Road?
There are currently no comparable homes to 17 Spring Valley Road.
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