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Worcester 01609 Forest Grove
46 Forest Street
$225,000
● House - Off Market

46 Forest Street

Worcester, MA 01609
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,300 Ft²
$715,967
RealtyHop Estimate
213.33%
Since Nov 1, 1999
National-US
Primary Model

About This Property

8 ROOM 4 BEDROOM 2.5 BATH WELL MAINTAINED COLONIAL. TWO FIREPLACES 1ST FLOOR DEN. FAMILY ROOM IN LOWER LEVEL. SCREEN PORCH. HARDWOODS. MANY UPDATES.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$99
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1943

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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 years ago (MLSPIN #30329338)

Price History

Date / Event Date Event Price
Oct 26, 1999 Sold
Premium
Sold
Jun 14, 1999 Listed by William T. Lee Real Estate $228,500
Listed by William T. Lee Real Estate
Nov 24, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 963
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,407
  • Total Building Area: 2,188
  • Gross Building Area: 4,858
  • Building Area: 2,188
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,188
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000446
  • 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: 20-033-00002
  • Parcel: WORC M:20 B:033 L:00002
  • Block: 33
  • Lot: 2
  • Municipality: WORCESTER
  • Latitude: 42.2854
  • Longitude: -71.8152

    Address

  • Full Address: 46 Forest St
  • Address - House Number: 46
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C007
  • 4-Digit Zip Code: 1730
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $621,400

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 566,397
  • High Value: 663,665
  • Low Value: 469,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $433,300
  • Assessed Land Value: $106,900
  • Assessed Improvements Value: $326,400

    Sales

  • Current Sale Recording Date: Oct 26, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 24, 1992
  • Previous Sale Amount: $168,500
  • 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:

$519,950

Sale Price/ft²

$292

Below Asking

0.01%

Average Days on Market

51

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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30329338

Frequently Asked Questions

When was property at 46 Forest Street built and last sold?
The property at 46 Forest Street was built in 1943 and last sold on Jan 1, 1970 for $225,000.
How much is this home worth?
The estimated value of the home located at 46 Forest Street is $0.
What are some comparable homes to 46 Forest Street?
There are currently no comparable homes to 46 Forest Street.
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