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Worcester 01604 Grafton Hill
21 Arborwood Dr
$241,000
● House - Off Market

21 Arborwood Dr

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,547 Ft²
$443,282
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Better than new Saltbox Cape in beautiful neighborhood setting. Approximately 3.2 miles from I-90 (MA Pike). Perfect commuter location. New bamboo flooring throughout first floor (except kitchen and bath). Pristine interior condition with fresh paint. Open floor plan. Oversize 24'X24' two car attached garage. 15 X 12 deck overlooks flat yard. Large bedroom on first floor two front to back bedrooms upstairs. 2 full bathrooms. Looking for move-in ready? You've found it. This one will move fast! Appraised for $273k in April of this year.
Unit Size
1,547 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$162
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1997

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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 #71866519)

Price History

Date / Event Date Event Price
Aug 23, 2021 Sold
Premium
Sold
Jun 25, 2021 Listed by Real Living Barbera Associates | Worcester $415,000
Listed by Real Living Barbera Associates | Worcester
Oct 30, 2015 Sold
Premium
Sold
Jul 1, 2015 Listed by Real Living Barbera Associates | Worcester $249,900
Listed by Real Living Barbera Associates | Worcester
Apr 30, 2010 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 884
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,121
  • Total Building Area: 1,547
  • Gross Building Area: 3,420
  • Building Area: 1,547
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,547
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEFINITIVE PLAN SMALLWOOD VILL
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732301

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 34-08E-00021
  • Parcel: WORC M:34 B:08E L:00021
  • Block: 8E
  • Lot: 21
  • Municipality: WORCESTER
  • Latitude: 42.2488
  • Longitude: -71.772

    Address

  • Full Address: 21 Arborwood Dr
  • Address - House Number: 21
  • Address - Street Name: Arborwood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C034
  • 4-Digit Zip Code: 3160
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $557,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 473,058
  • High Value: 559,064
  • Low Value: 387,052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $388,800
  • Assessed Land Value: $102,600
  • Assessed Improvements Value: $286,200

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Aug 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 118051
  • Previous Sale Recording Date: Oct 30, 2015
  • Previous Sale Amount: $241,000
  • 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 Grafton Hill

Stats & Trends

Median Asking:

$449,950

Sale Price/ft²

$277

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1747 ft²

Average Home Age

69.3 years

Currently For Sale

22 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# 71866519

Frequently Asked Questions

When was property at 21 Arborwood Drive built and last sold?
The property at 21 Arborwood Drive was built in 1997 and last sold on Aug 23, 2021 for $431,000.
How much is this home worth?
The estimated value of the home located at 21 Arborwood Drive is $415,350.
What are some comparable homes to 21 Arborwood Drive?
There are currently no comparable homes to 21 Arborwood Drive.
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