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Essex
22 Forster Road
Photo of 22 Forster Road
Sold on Feb 27, 2009

1

Map

$885,000
● House - Off Market

22 Forster Road

Manchester, MA 01944
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,055 Ft²
$2,184,388
RealtyHop Estimate
119.54%
Since Mar 1, 2009
MA-Boston
Primary Model

About This Property

Lovely 3.37 acre wooded lot located nearby village in desirable neighborhood. Reminiscent of Monet's water lilies, this property contains a former town ice pond, now well maintained with delightful waterfall. Seller has brought city water to property, and has plans approved & permitted for new 4 bedroom septic.  An owner designed open contemporary home is yours, or build your new dream house on this site. Seller has architectural plans for new 7000 sq. ft. home to share!
Unit Size
2,055 Ft²
Days on Market
-
Land Size
3.38 acres
Price per sqft
$484
Property Type
House
Property Taxes
$493
HOA Dues
$200
Year Built
1957

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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 #70837376)

Price History

Date / Event Date Event Price
Feb 27, 2009 Sold
Premium
Sold
Oct 21, 2008 Listed $995,000
Listed
Apr 27, 2004 Sold
Premium
Sold
Mar 1, 2004 Sold
Premium
Sold
Oct 27, 2003 Listed $875,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,074
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 147,115
  • Total Building Area: 3,667
  • Gross Building Area: 5,136
  • Building Area: 3,667
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,667
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MANCHESTER
  • Land Acres: 0000003377
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Manchester Essex Regional School District
  • School Tax School District: MANCHSTR ESSEX
  • Census Tract: 218100

Zoning

  • Zoning: A

Geography

  • District: 166
  • Parcel: MANC M:0028 B:0000 L:0022
  • Lot: 22
  • Municipality: MANCHESTER
  • Latitude: 42.5758
  • Longitude: -70.7799

    Address

  • Full Address: 22 Forster Rd
  • Address - House Number: 22
  • Address - Street Name: Forster
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Manchester
  • Carrier Code: C002
  • 4-Digit Zip Code: 1420
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,540,200

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 1,821,253
  • High Value: 2,100,164
  • Low Value: 1,542,343

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,647,300
  • Assessed Land Value: $672,000
  • Assessed Improvements Value: $975,300

    Sales

  • Current Sale Recording Date: Feb 27, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 27, 2004
  • Previous Sale Amount: $875,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2534 ft²

Average Home Age

73 years

Currently For Sale

1483 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70837376

Frequently Asked Questions

When was property at 22 Forster Road built and last sold?
The property at 22 Forster Road was built in 1957 and last sold on Jan 1, 1970 for $885,000.
How much is this home worth?
The estimated value of the home located at 22 Forster Road is $978,582.
What are some comparable homes to 22 Forster Road?
There are currently no comparable homes to 22 Forster Road.
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