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Worcester 01609 Forest Grove
28 Spring Valley Rd
$335,000
● House - Off Market

28 Spring Valley Rd

Worcester, MA 01609
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,231 Ft²
$426,949
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

LOCATION LOCATION LOCATION!!! What a great spot just off of Salisbury ST on a non thru road! Over 2200 SF of living area ready for you to make your own! This home offers 3 bedrooms, 2 and half baths with a TON of potential. Eat in kitchen, dining room and a family room attached to a mud room out to the 2 car attached garage! Incredible sun room off of the rear of the home walks out to the fenced yard with in-ground pool (has not been opened in 15+ years assume its not functional). Updated boiler and circuit breakers! Irrigation system and CAIR also unknown of functionality, roof is at the end of its useful life.  This home has great bones and so much potential in this wonderful location, come bring it back to life!! Subject to receiving license to sell, expect closing 45+ days at least.
Unit Size
2,231 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$164
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1962

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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 years ago (MLSPIN #72756482)

Price History

Date / Event Date Event Price
Dec 3, 2021 Sold
Premium
Sold
Sep 22, 2021 Listed by Keller Williams Realty Greater Worcester $459,900
Listed by Keller Williams Realty Greater Worcester
Jun 21, 2021 Sold
Premium
Sold
Nov 12, 2020 Listed by Keller Williams Realty Greater Worcester $364,900
Listed by Keller Williams Realty Greater Worcester

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 18
  • 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: 780
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 15,064
  • Total Building Area: 2,231
  • Gross Building Area: 3,525
  • Building Area: 2,231
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,231
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000346
  • 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: 55-012-00042
  • Parcel: WORC M:55 B:012 L:00042
  • Block: 12
  • Lot: 42
  • Municipality: WORCESTER
  • Latitude: 42.2997
  • Longitude: -71.8355

    Address

  • Full Address: 28 Spring Valley Rd
  • Address - House Number: 28
  • Address - Street Name: Spring Valley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C003
  • 4-Digit Zip Code: 1151
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $607,200
  • Initial Tax Delinquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 554,384
  • High Value: 651,759
  • Low Value: 457,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $423,400
  • Assessed Land Value: $106,600
  • Assessed Improvements Value: $316,800

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 169640
  • Previous Sale Recording Date: Jun 21, 2021
  • Previous Sale Contract Date: Jun 18, 2021
  • Previous Sale Amount: $335,000
  • 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 years ago
Data Source: MLS PIN, MLS# 72756482

Frequently Asked Questions

When was property at 28 Spring Valley Road built and last sold?
The property at 28 Spring Valley Road was built in 1962 and last sold on Dec 3, 2021 for $475,000.
How much is this home worth?
The estimated value of the home located at 28 Spring Valley Road is $0.
What are some comparable homes to 28 Spring Valley Road?
There are currently no comparable homes to 28 Spring Valley Road.
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