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Worcester 01609 Salisbury Street
2 Forest Street
Photo of 2 Forest Street
Sold on Dec 18, 2007

1

Map

$270,000
● House - Off Market

2 Forest Street

Worcester, MA 01609
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,122 Ft²
$544,599
RealtyHop Estimate
81.59%
Since Jan 1, 2008
National-US
Primary Model

About This Property

This home has been taken down to the studs. New insulation, plumbing, wiring, heating and air conditioning systems. New plaster walls. Bathrooms redone, windows, roof. There are two stair cases, and living room need plaster, trim that needs to be put back up through out the home, hardwoods need to be refinished. This home is approximately 85% finished. Great home for the handy person. Property is being sold "as is".
Unit Size
3,122 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$96
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1913

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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 months ago (MLSPIN #70597139)

Price History

Date / Event Date Event Price
Dec 17, 2007 Sold
Premium
Sold
Jun 13, 2007 Listed $299,900
Listed
Oct 31, 1997 Sold
Premium
Sold
Sep 16, 1997 Listed $149,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,342
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,300
  • Total Building Area: 2,714
  • Gross Building Area: 4,369
  • Building Area: 2,714
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,714
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000213
  • 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: 20-004-00012
  • Parcel: WORC M:20 B:004 L:00012
  • Block: 4
  • Lot: 12
  • Municipality: WORCESTER
  • Latitude: 42.282
  • Longitude: -71.8139

    Address

  • Full Address: 2 Forest St
  • Address - House Number: 2
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C007
  • 4-Digit Zip Code: 1704
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $682,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1846
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 75
  • Final Value: 587,422
  • High Value: 695,882
  • Low Value: 478,961

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $475,600
  • Assessed Land Value: $106,100
  • Assessed Improvements Value: $369,500

    Sales

  • Current Sale Recording Date: Dec 17, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00159866
  • Previous Sale Recording Date: Oct 31, 1997
  • Previous Sale Amount: $147,500
  • 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 Salisbury Street

Stats & Trends

Median Asking:

$646,700

Sale Price/ft²

$265

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3006 ft²

Average Home Age

83.8 years

Currently For Sale

13 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

Unit for rent at 42 Vernon Street, MA, 01610

$958 /mo

  • 1 Bed
  • 1 Bath
42 Vernon Street, MA, 01610 Listing by Rick Rivera
Unit for rent at 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70597139

Frequently Asked Questions

When was property at 2 Forest Street built and last sold?
The property at 2 Forest Street was built in 1913 and last sold on Jan 1, 1970 for $270,000.
How much is this home worth?
The estimated value of the home located at 2 Forest Street is $295,784.
What are some comparable homes to 2 Forest Street?
There are currently no comparable homes to 2 Forest Street.
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