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Essex
42 Forest St
Photo of 42 Forest St
Sold on Sep 29, 2006

1

Map

$585,000
● House - Off Market

42 Forest St

Manchester, MA 01944
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,500 Ft²
$1,029,659
RealtyHop Estimate
68.80%
Since Oct 1, 2006
National-US
Primary Model

About This Property

PRICED TO SELL! This charming well cared for home has much of the original charm but with many updates.  Patio, porch, deck and outside hot and cold shower are some if the amenities.  Finished lower level with playroom/workout room, laundry and 1/2 bath adds to the living space.  Barn, workshop and unheated cottage also included with this property.  Barn could be converted to garage.  Fenced yard.  Beautifully appointed.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$407
Property Type
House
Property Taxes
$279
HOA Dues
-
Year Built
1900

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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 #70427923)

Price History

Date / Event Date Event Price
Sep 29, 2006 Sold
Premium
Sold
Jul 22, 2006 Listed $610,000
Listed
Jul 9, 2003 Sold
Premium
Sold
Apr 1, 2003 Listed $599,000
Listed
May 1, 1998 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 7
  • Basement Area: 790
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,275
  • Total Building Area: 2,027
  • Gross Building Area: 3,164
  • Building Area: 2,027
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,027
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000167
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Manchester Essex Regional School District
  • School Tax School District: MANCHSTR ESSEX
  • Census Tract: 218100

Zoning

  • Zoning: A

Geography

  • District: 166
  • Parcel: MANC M:0039 B:0000 L:0039
  • Lot: 39
  • Municipality: MANCHESTER
  • Latitude: 42.5824
  • Longitude: -70.755

    Address

  • Full Address: 42 Forest St
  • Address - House Number: 42
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Manchester
  • Carrier Code: C006
  • 4-Digit Zip Code: 1209
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $739,200

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 992,716
  • High Value: 1,163,827
  • Low Value: 821,605

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $790,600
  • Assessed Land Value: $381,600
  • Assessed Improvements Value: $409,000

    Sales

  • Current Sale Recording Date: Sep 29, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 09, 2003
  • Previous Sale Amount: $570,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2521 ft²

Average Home Age

73.7 years

Currently For Sale

1419 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# 70427923

Frequently Asked Questions

When was property at 42 Forest Street built and last sold?
The property at 42 Forest Street was built in 1900 and last sold on Jan 1, 1970 for $585,000.
How much is this home worth?
The estimated value of the home located at 42 Forest Street is $612,730.
What are some comparable homes to 42 Forest Street?
There are currently no comparable homes to 42 Forest Street.
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