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Essex
44 Forest St
$607,000
● House - Off Market

44 Forest St

Manchester, MA 01944
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,125 Ft²
$1,092,584
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Sunny and bright three bedroom, two bath, Victorian that has been lovingly renovated and maintained.  Farmer's wrap around porch, open kitchen with walk in pantry, formal living room with bay window; multi functional lower level with family room, play/craft/office area with sink and cast iron gas stove. Central air and high efficiency "Munchkin" gas boiler and hot water system. Beautiful yard with gardens, fruit trees, bushes and patio.  Separate heated studio/office or workout building- potentially could be additional living space.  Close to schools, village, train, conservation land and golf course.
Unit Size
2,125 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$287
Property Type
House
Property Taxes
$442
HOA Dues
-
Year Built
1900

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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 #71802279)

Price History

Date / Event Date Event Price
May 29, 2015 Sold
Premium
Sold
Mar 17, 2015 Listed by Coldwell Banker Residential Brokerage - Manchester $610,000
Listed by Coldwell Banker Residential Brokerage - Manchester
Feb 29, 2008 Sold
Premium
Sold
Jan 4, 2008 Listed by Coldwell Banker Residential Brokerage - Manchester $549,000
Listed by Coldwell Banker Residential Brokerage - Manchester
Dec 20, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 842
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,420
  • Total Building Area: 1,913
  • Gross Building Area: 2,741
  • Building Area: 1,913
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,913
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000193
  • 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:0038
  • Lot: 38
  • Municipality: MANCHESTER
  • Latitude: 42.5825
  • Longitude: -70.755

    Address

  • Full Address: 44 Forest St
  • Address - House Number: 44
  • 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: $771,000

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,025,064
  • High Value: 1,186,293
  • Low Value: 863,836

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $824,600
  • Assessed Land Value: $386,400
  • Assessed Improvements Value: $438,200

    Sales

  • Current Sale Recording Date: May 29, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 230
  • Previous Sale Recording Date: Feb 29, 2008
  • Previous Sale Amount: $542,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 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 months ago
Data Source: MLS PIN, MLS# 71802279

Frequently Asked Questions

When was property at 44 Forest Street built and last sold?
The property at 44 Forest Street was built in 1900 and last sold on Jan 1, 1970 for $607,000.
How much is this home worth?
The estimated value of the home located at 44 Forest Street is $628,445.
What are some comparable homes to 44 Forest Street?
There are currently no comparable homes to 44 Forest Street.
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