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Worcester 01609 Forest Grove
21 Laurelwood Dr
$625,000
● House - Off Market

21 Laurelwood Dr

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,294 Ft²
$3,600
Est. Monthly

About This Property

You will easily fall in love with this pristine home situated in a quiet cul de sac setting. The open-concept design is sunny and bright throughout and boasts brand-new kitchen cabinets and quartz countertops as well as tastefully updated bathrooms. The interior of this property has been freshly painted and offers beautiful hardwood floors, a family room with vaulted ceilings, a fireplace with a wood stove insert, and skylights. There is a large two car garage to pull into with direct access to house.  A partially finished lower level that is currently used as an exercise room is perfect for an office space or game room. There is an abundance of storage space available both inside and out as well as a large, level, quiet backyard for all of your entertaining and fun!
Unit Size
2,294 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$272
Property Type
House
Property Taxes
$530
HOA Dues
-
Year Built
1987

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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 #73170391)

Price History

Date / Event Date Event Price
Dec 22, 2023 Sold
Premium
Sold
Oct 30, 2023 In contract -
In contract
Oct 17, 2023 Listed by Sullivan & Company Real Estate, Inc. $625,000
Listed by Sullivan & Company Real Estate, Inc.
Sep 27, 2021 Sold
Premium
Sold
Aug 18, 2021 Listed by Sullivan & Company Real Estate, Inc. $450,000
Listed by Sullivan & Company Real Estate, Inc.
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 1,140
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,700
  • Total Building Area: 1,986
  • Gross Building Area: 4,730
  • Building Area: 1,986
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,986
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000337
  • 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: 33-38B-00041
  • Parcel: WORC M:33 B:38B L:00041
  • Block: 38B
  • Lot: 41
  • Municipality: WORCESTER
  • Latitude: 42.306
  • Longitude: -71.8332

    Address

  • Full Address: 21 Laurelwood Dr
  • Address - House Number: 21
  • Address - Street Name: Laurelwood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C006
  • 4-Digit Zip Code: 1054
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $636,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 93
  • Final Value: 645,383
  • High Value: 700,865
  • Low Value: 589,901

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $443,700
  • Assessed Land Value: $106,600
  • Assessed Improvements Value: $337,100

    Sales

  • Current Sale Contract Date: Dec 22, 2023
  • Current Sale Recording Date: Dec 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 107378
  • Previous Sale Recording Date: Sep 27, 2021
  • Previous Sale Contract Date: Sep 27, 2021
  • Previous Sale Amount: $475,000
  • 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:

$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# 73170391

Frequently Asked Questions

When was property at 21 Laurelwood Drive built and last sold?
The property at 21 Laurelwood Drive was built in 1987 and last sold on Dec 22, 2023 for $625,000.
How much is this home worth?
The estimated value of the home located at 21 Laurelwood Drive is $617,882.
What are some comparable homes to 21 Laurelwood Drive?
There are currently no comparable homes to 21 Laurelwood Drive.
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