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Worcester
23 Forestdale Road
Photo of 23 Forestdale Road
Sold on Sep 28, 2011

1

Map

$127,500
● House - Off Market

23 Forestdale Road

Paxton, MA 01612
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,806 Ft²
$358,906
RealtyHop Estimate
124.46%
Since Oct 1, 2011
National-US
Primary Model

About This Property

REDUCED FOR ACTION***Back on Market due to buyer financing***MOTIVATED SELLERS - BRING OFFERS - Solid 3 bedroom ranch in fantastic neighborhood.  Hardwood floors, first floor family room with propane gas stove hook-up, formal dining room, attached one car garage.   New septic system installed 3 years ago, mostly new windows, central vac.    Young deck leads to nice level lot for family fun. This is a great home but needs updating.  Think 203K to completely redo.
Unit Size
1,806 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$89
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1960

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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: 2 months ago (MLSPIN #71109029)

Price History

Date / Event Date Event Price
Jul 26, 2018 Sold
Premium
Sold
Jun 1, 2018 Listed by Emerson REALTORS® $289,900
Listed by Emerson REALTORS®
Jun 1, 2012 Sold
Premium
Sold
Mar 15, 2012 Listed by Emerson REALTORS® $199,500
Listed by Emerson REALTORS®
Sep 28, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,000
  • Total Building Area: 1,498
  • Gross Building Area: 3,369
  • Building Area: 1,498
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,498
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000367
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 727100

Zoning

  • Zoning: R4

Geography

  • Account Number: 1009
  • Parcel: PAXT M:00019 L:00096
  • Lot: 96
  • Municipality: PAXTON
  • Latitude: 42.3079
  • Longitude: -71.9198

    Address

  • Full Address: 23 Forestdale Rd
  • Address - House Number: 23
  • Address - Street Name: Forestdale
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Paxton
  • Carrier Code: C016
  • 4-Digit Zip Code: 1358
  • Zip Code: 01612

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $627,700

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 458,154
  • High Value: 543,645
  • Low Value: 372,662

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $390,600
  • Assessed Land Value: $108,200
  • Assessed Improvements Value: $282,400

    Sales

  • Current Sale Recording Date: Jul 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 76667
  • Previous Sale Recording Date: Jun 01, 2012
  • Previous Sale Amount: $196,000
  • 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 Worcester

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2376 ft²

Average Home Age

65.6 years

Currently For Sale

1958 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: 2 months ago
Data Source: MLS PIN, MLS# 71109029

Frequently Asked Questions

When was property at 23 Forestdale Road built and last sold?
The property at 23 Forestdale Road was built in 1960 and last sold on Jan 1, 1970 for $283,500.
How much is this home worth?
The estimated value of the home located at 23 Forestdale Road is $294,781.
What are some comparable homes to 23 Forestdale Road?
There are currently no comparable homes to 23 Forestdale Road.
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