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Worcester 01605 Forest Grove
39 Lansing Ave
$391,000
● House - Off Market

39 Lansing Ave

Worcester, MA 01605
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,428 Ft²
$394,175
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Move in ready 4-bedroom, 2 full bath home located on Worcester/Holden line in a fabulous neighborhood. Come and check out this great Cape with large kitchen and dining area. Large living room First floor has two bedrooms both with hardwood floors and a handicap accessible full bathroom with shower. Second floor has two additional bedrooms with full bathroom. Lots of recent updates done.... Interior painting (2022), hardwood floors refinished (2022), Buderus boiler (2010), vinyl replacement windows, Roof (2008), 2nd floor dormer and bathroom done (2008-2010), Kitchen remodel (2010). Slider to composite deck leads to a flat level backyard, corner lot, shed, and ample parking. This is a must see.
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$265
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
1952

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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 #73027385)

Price History

Date / Event Date Event Price
Sep 30, 2022 Sold
Premium
Sold
Aug 19, 2022 Listed by Champion Real Estate, Inc. $379,000
Listed by Champion Real Estate, Inc.
Jan 31, 2008 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 832
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,920
  • Total Building Area: 1,428
  • Gross Building Area: 2,726
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000274
  • 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: 33-030-00024
  • Parcel: WORC M:33 B:030 L:00024
  • Block: 30
  • Lot: 24
  • Municipality: WORCESTER
  • Latitude: 42.303
  • Longitude: -71.823

    Address

  • Full Address: 39 Lansing Ave
  • Address - House Number: 39
  • Address - Street Name: Lansing
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C010
  • 4-Digit Zip Code: 1023
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $461,500

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 93
  • Final Value: 247,027
  • High Value: 268,263
  • Low Value: 225,791

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $321,800
  • Assessed Land Value: $103,300
  • Assessed Improvements Value: $218,500

    Sales

  • Current Sale Contract Date: Sep 30, 2022
  • Current Sale Recording Date: Sep 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 107646
  • Previous Sale Recording Date: Jan 31, 2008
  • Previous Sale Amount: $198,000
  • Previous Sale Document Type: 27
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73027385

Frequently Asked Questions

When was property at 39 Lansing Avenue built and last sold?
The property at 39 Lansing Avenue was built in 1952 and last sold on Sep 30, 2022 for $391,000.
How much is this home worth?
The estimated value of the home located at 39 Lansing Avenue is $386,363.
What are some comparable homes to 39 Lansing Avenue?
There are currently no comparable homes to 39 Lansing Avenue.
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