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Worcester 01609 Forest Grove
24 Otsego Road
Photo of 24 Otsego Road
Sold on Aug 1, 2006

1

Map

$600,000
● House - Off Market

24 Otsego Road

Worcester, MA 01609
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,096 Ft²
$1,045,518
RealtyHop Estimate
68.66%
Since Sep 1, 2006
National-US
Primary Model

About This Property

Stunning twelve room, four bedroom Georgian brick colonial on lovely tree-lined street.  Attention to detail throughout, crown mouldings, built-ins, beautiful hardwood floors, huge modern kitchen with granite and separate breakfast room.  Full third floor with gameroom, fifth bedroom and second full bath.  Private backyard features a patio.  Sprinkler system, impeccable grounds!
Unit Size
4,096 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$151
Property Type
House
Property Taxes
$715
HOA Dues
-
Year Built
1928

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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: 6 months ago (MLSPIN #70370309)

Price History

Date / Event Date Event Price
Nov 5, 2018 Sold
Premium
Sold
Aug 1, 2006 Sold
Premium
Sold
Apr 19, 2006 Listed $619,900
Listed

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 5
  • Exterior Walls Type: 23
  • 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: 1,741
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,057
  • Total Building Area: 3,990
  • Gross Building Area: 7,139
  • Building Area: 3,990
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,990
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000254
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730600

Zoning

  • Zoning: RS-10

Geography

  • Account Number: 21-015-00032
  • Parcel: WORC M:21 B:015 L:00032
  • Block: 15
  • Lot: 32
  • Municipality: WORCESTER
  • Latitude: 42.283
  • Longitude: -71.8153

    Address

  • Full Address: 24 Otsego Rd
  • Address - House Number: 24
  • Address - Street Name: Otsego
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C007
  • 4-Digit Zip Code: 1736
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $988,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 858,748
  • High Value: 1,009,430
  • Low Value: 708,066

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $689,600
  • Assessed Land Value: $106,400
  • Assessed Improvements Value: $583,200

    Sales

  • Current Sale Recording Date: Nov 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 117723
  • Previous Sale Recording Date: Aug 01, 2006
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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:

$504,500

Sale Price/ft²

$301

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1982 ft²

Average Home Age

76.5 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

Unit for rent at 42 Vernon Street, MA, 01610

$958 /mo

  • 1 Bed
  • 1 Bath
42 Vernon Street, MA, 01610 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70370309

Frequently Asked Questions

When was property at 24 Otsego Road built and last sold?
The property at 24 Otsego Road was built in 1928 and last sold on Jan 1, 1970 for $580,000.
How much is this home worth?
The estimated value of the home located at 24 Otsego Road is $624,856.
What are some comparable homes to 24 Otsego Road?
There are currently no comparable homes to 24 Otsego Road.
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