26
Map
469 Grove Street #2
About This Property
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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.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 28, 2023 | Sold | ||
| Sold | |||
| Dec 4, 2023 | In contract | - | |
| In contract | |||
| Nov 28, 2023 | Listed by RE/MAX Partners | $240,000 | |
| Listed by RE/MAX Partners | |||
| Oct 18, 2019 | Sold | ||
| Sold | |||
| Sep 16, 2019 | Listed by The O'Rourke Group Real Estate Professionals | $145,000 | |
| Listed by The O'Rourke Group Real Estate Professionals | |||
   | |||
|
Spacious and comfortable 5 room, 2 bedroom multi-family condo
conversion. Pine floors in L/R, D/R, and bedrooms. High ceilings,
tall windows to let in a lot of light, fireplace in L/R (for
decorative purposes only), built-in china closet in D/R, large
eat-in kitchen with pantry. You don't find this kind of charm in
cookie-cutter condos. Full bath accessible from Master B/R as well
as other rooms. Pleasant covered porch and laundry hook-ups
accessible from rear hallway. New Energy Star…
| |||
Property Highlights
469 Grove Street #2, Worcester, MA, 01605
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
09/18/2023
|
3 Bed
|
2 Bath
|
-
|
$230,000
3 Bed
2 Bath
|
$235,000
+2.17%
11/03/2023
|
-
|
John Chalino
The O'Rourke Group Real Estate Professionals
| |
|
09/16/2019
|
2 Bed
|
1 Bath
|
-
|
$145,000
2 Bed
1 Bath
|
$135,000
-6.90%
10/18/2019
|
-
|
John Chalino
The O'Rourke Group Real Estate Professionals
| |
|
03/26/2012
|
3 Bed
|
1 Bath
|
-
|
$55,000
3 Bed
1 Bath
|
$55,000
05/23/2013
|
-
|
Central MA Homes
eXp Realty
| |
|
07/30/2008
|
2 Bed
|
1 Bath
|
-
|
$139,640
2 Bed
1 Bath
|
$139,640
09/26/2008
|
-
|
Jane O'Connor
Coldwell Banker Realty - Worcester
| |
|
07/30/2008
|
2 Bed
|
1 Bath
|
-
|
$139,490
2 Bed
1 Bath
|
$140,000
+0.37%
12/24/2008
|
-
|
Jason Pincomb
Lamacchia Realty, Inc.
|
Building Info
About Forest Grove
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