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Worcester 01609 Forest Grove
37 Monadnock Road
$485,000
● House - Off Market

37 Monadnock Road

Worcester, MA 01609
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,524 Ft²
$931,744
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

This handsome brick architectural beauty with gracious foyer glimmers with sun filled entertainment sized rooms. Meticulous preservation of superb natural woodwork and gleaming hardwood floors. The first floor offers front to back formal fireplaced living room, access to exterior patio from a sun filled sunroom, gracious dining room, eat-in applianced kitchen with gas range, french doors, and high ceiling. Second floor offers a master with a sitting area and a full bath, 3 other bedrooms, a full tiled bath, and an office filled with bookcases.  Third floor has the 5th bedroom plus a full bath and a large storage area. Lovely grounds with mature plantings and patio situated on a quiet residential street. Excellent access to restaurants,highways and the train station.
Unit Size
3,524 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$149
Property Type
House
Property Taxes
$615
HOA Dues
-
Year Built
1926

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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: 4 months ago (MLSPIN #71853113)

Price History

Date / Event Date Event Price
Aug 25, 2021 Sold
Premium
Sold
Jul 5, 2021 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $679,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Sep 4, 2015 Sold
Premium
Sold
Jun 8, 2015 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $525,000
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 11
  • 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: 8
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,654
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,793
  • Total Building Area: 3,922
  • Gross Building Area: 7,636
  • Building Area: 3,922
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 3,922
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000454
  • 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: 20-002-00002
  • Parcel: WORC M:20 B:002 L:00002
  • Block: 2
  • Lot: 2
  • Municipality: WORCESTER
  • Latitude: 42.2829
  • Longitude: -71.8122

    Address

  • Full Address: 37 Monadnock Rd
  • Address - House Number: 37
  • Address - Street Name: Monadnock
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C015
  • 4-Digit Zip Code: 1714
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $986,300

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 828,315
  • High Value: 973,804
  • Low Value: 682,826

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $687,800
  • Assessed Land Value: $106,900
  • Assessed Improvements Value: $580,900

    Sales

  • Current Sale Contract Date: Aug 25, 2021
  • Current Sale Recording Date: Aug 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 119127
  • Previous Sale Recording Date: Sep 04, 2015
  • Previous Sale Amount: $485,000
  • 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

0.01%

Average Days on Market

50

Average Home Size

1902 ft²

Average Home Age

83.1 years

Currently For Sale

24 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
Unit for rent at 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71853113

Frequently Asked Questions

When was property at 37 Monadnock Road built and last sold?
The property at 37 Monadnock Road was built in 1926 and last sold on Aug 25, 2021 for $645,000.
How much is this home worth?
The estimated value of the home located at 37 Monadnock Road is $678,136.
What are some comparable homes to 37 Monadnock Road?
There are currently no comparable homes to 37 Monadnock Road.
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