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Worcester 01605 Forest Grove
174 Chester Street
$170,000
● House - Off Market

174 Chester Street

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$318,950
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

A Fabulous Starter Home in a Fabulous Location!  This home has been well maintained by the long time owners and has some nice updates:  New Vinyl Siding  (2013), New Front Walkway (2014), Newer Hot Water Heater ((2013), Front and Back Entry Doors (2014) and a double wide driveway (2012).  You don't want to miss this!  The updated kitchen and bath plus a wonderful rear decking overlooking the yard are great!  And there is a wood stove for an alternate heating source too!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$145
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1953

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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: 5 months ago (MLSPIN #71783070)

Price History

Date / Event Date Event Price
Aug 31, 2021 Sold
Premium
Sold
Jul 14, 2021 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $325,000
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Mar 31, 2015 Sold
Premium
Sold
Jan 12, 2015 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $174,500
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 840
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,200
  • Gross Building Area: 2,580
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WORCESTER
  • 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: 33-34B-00023
  • Parcel: WORC M:33 B:34B L:00023
  • Block: 34B
  • Lot: 23
  • Municipality: WORCESTER
  • Latitude: 42.3101
  • Longitude: -71.8328

    Address

  • Full Address: 174 Chester St
  • Address - House Number: 174
  • Address - Street Name: Chester
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C006
  • 4-Digit Zip Code: 1042
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $438,100

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 410,988
  • High Value: 479,626
  • Low Value: 342,351

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,500
  • Assessed Land Value: $102,200
  • Assessed Improvements Value: $203,300

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Aug 31, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 122718
  • Previous Sale Recording Date: Mar 31, 2015
  • Previous Sale Amount: $170,000
  • 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:

$504,500

Sale Price/ft²

$301

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1944 ft²

Average Home Age

86.4 years

Currently For Sale

29 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 months ago
Data Source: MLS PIN, MLS# 71783070

Frequently Asked Questions

When was property at 174 Chester Street built and last sold?
The property at 174 Chester Street was built in 1953 and last sold on Aug 31, 2021 for $328,000.
How much is this home worth?
The estimated value of the home located at 174 Chester Street is $323,496.
What are some comparable homes to 174 Chester Street?
There are currently no comparable homes to 174 Chester Street.
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