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Worcester 01609 Forest Grove
48 Forest St
$283,500
● House - Off Market

48 Forest St

Worcester, MA 01609
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,048 Ft²
$548,155
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

Classic updated West Side Colonial on huge private lot! Beautiful home features updated granite/stainless kitchen with breakfast bar. The open floor plan leads into the formal dining room, hardwood floors throughout first and second floors. Large front to back living room with fireplace/wood stove and attached screen porch. Cozy den/office with French doors leads to deck which overlooks large private yard. Master bedroom with bath and two additional bedrooms and another full bath. Third floor features fourth bedroom and large closet. Finished family room/game room in basement along with separate laundry room. Gas heat-5 zones. Newer roof, high-end vinyl siding and generator-ready electric make this completely move in ready. Beautiful, unbelievable value, super location!
Unit Size
2,048 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$146
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
1935

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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 #71774203)

Price History

Date / Event Date Event Price
Mar 10, 2015 Sold
Premium
Sold
Dec 4, 2014 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $299,900
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.
Aug 27, 2007 Sold
Premium
Sold
Apr 27, 2007 Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. $349,000
Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • 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: 3
  • 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: 972
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,216
  • Total Building Area: 2,110
  • Gross Building Area: 4,921
  • Building Area: 2,110
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,110
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000602
  • 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: 20-033-00009
  • Parcel: WORC M:20 B:033 L:00009
  • Block: 33
  • Lot: 9
  • Municipality: WORCESTER
  • Latitude: 42.2856
  • Longitude: -71.8153

    Address

  • Full Address: 48 Forest St
  • Address - House Number: 48
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C007
  • 4-Digit Zip Code: 1522
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $629,400

    Appraisal Valuation

  • Standard Deviation: 0.187
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 555,953
  • High Value: 659,962
  • Low Value: 451,943

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $438,900
  • Assessed Land Value: $107,500
  • Assessed Improvements Value: $331,400

    Sales

  • Current Sale Recording Date: Mar 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19862
  • Previous Sale Recording Date: Aug 27, 2007
  • Previous Sale Amount: $325,000
  • 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:

$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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71774203

Frequently Asked Questions

When was property at 48 Forest Street built and last sold?
The property at 48 Forest Street was built in 1935 and last sold on Jan 1, 1970 for $283,500.
How much is this home worth?
The estimated value of the home located at 48 Forest Street is $316,630.
What are some comparable homes to 48 Forest Street?
There are currently no comparable homes to 48 Forest Street.
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