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Worcester 01605 Forest Grove
23 Pelican Ave
$285,000
● House - Off Market

23 Pelican Ave

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,791 Ft²
$451,927
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

This 3 bed / 3 full bath fully-remodeled cape is in move-in-ready condition. Amazing granite/stainless eat-in kitchen, great flow on the main level, three large bedrooms on the second floor (including massive master suite with master bathroom and huge walk-in closet), and fresh paint and brand new flooring throughout. The major big-ticket items have been taken care of include brand new roof, new windows, new electrical, new plumbing, and brand new heating system and oil tank. Deck. The location is just minutes to I-190 and I-290.
Unit Size
1,791 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$159
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1927

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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: 5 months ago (MLSPIN #72236263)

Price History

Date / Event Date Event Price
Nov 3, 2017 Sold
Premium
Sold
Sep 29, 2017 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $284,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Jan 27, 2017 Sold
Premium
Sold
Oct 13, 2016 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $155,000
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • 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: 12,000
  • Total Building Area: 1,573
  • Gross Building Area: 3,192
  • Building Area: 1,573
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,573
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • 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: 33-016-00372
  • Parcel: WORC M:33 B:016 L:00372
  • Block: 16
  • Lot: 372
  • Municipality: WORCESTER
  • Latitude: 42.3001
  • Longitude: -71.8287

    Address

  • Full Address: 23 Pelican Ave
  • Address - House Number: 23
  • Address - Street Name: Pelican
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C006
  • 4-Digit Zip Code: 1123
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $612,300

    Appraisal Valuation

  • Standard Deviation: 0.2367
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 484,474
  • High Value: 599,190
  • Low Value: 369,758

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $427,000
  • Assessed Land Value: $103,300
  • Assessed Improvements Value: $323,700

    Sales

  • Current Sale Recording Date: Nov 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 123219
  • Previous Sale Recording Date: Jan 27, 2017
  • Previous Sale Amount: $140,000
  • 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:

$519,900

Sale Price/ft²

$294

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1805 ft²

Average Home Age

81.4 years

Currently For Sale

26 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72236263

Frequently Asked Questions

When was property at 23 Pelican Avenue built and last sold?
The property at 23 Pelican Avenue was built in 1927 and last sold on Jan 1, 1970 for $285,000.
How much is this home worth?
The estimated value of the home located at 23 Pelican Avenue is $299,762.
What are some comparable homes to 23 Pelican Avenue?
There are currently no comparable homes to 23 Pelican Avenue.
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