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Worcester 01605 Forest Grove
48 Knapp Ave
$166,000
● House - Off Market

48 Knapp Ave

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,278 Ft²
$343,466
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

HUGE PRICE REDUCTION, 50K below assessed value!!!!!!! this house features a large DR/LR kitchen combination vaulted ceilings with a pellet stove which stays!washer and dryer stays. Master bath and a beautiful level and private yard for entertaining.not a short sale or foreclosure,,title v certificate in hand, Ask City about Assessment for New Roads being done by the city that may be completed along with water and sewers.
Unit Size
1,278 Ft²
Days on Market
-
Land Size
-
Price per sqft
$137
Property Type
House
Property Taxes
$263
HOA Dues
-
Year Built
1990

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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 #71464685)

Price History

Date / Event Date Event Price
Jun 28, 2013 Sold
Premium
Sold
Dec 13, 2012 Listed by George Russell Realty, LLC $175,000
Listed by George Russell Realty, LLC
Jul 31, 2000 Sold
Premium
Sold
Jun 12, 2000 Listed by Maria Smith Real Estate $152,700
Listed by Maria Smith Real Estate
IMMACULATE CONDITION SUNDRENCHED LR/DR KITCHEN OFFERS VAULTED CEILINGS-RELAX IN THE GARDEN JACUZZI TUB AND GAZE AT THE STARS THROUGH THE SKYLITE. LEVEL PRIVATE LOT.

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 550
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 1,242
  • Gross Building Area: 2,562
  • Building Area: 1,242
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,242
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730600

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 33-019-00278
  • Parcel: WORC M:33 B:019 L:00278
  • Block: 19
  • Lot: 278
  • Municipality: WORCESTER
  • Latitude: 42.2997
  • Longitude: -71.8302

    Address

  • Full Address: 48 Knapp Ave
  • Address - House Number: 48
  • Address - Street Name: Knapp
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C006
  • 4-Digit Zip Code: 1116
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $522,100

    Appraisal Valuation

  • Standard Deviation: 0.203
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 441,484
  • High Value: 531,110
  • Low Value: 351,858

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $364,100
  • Assessed Land Value: $102,900
  • Assessed Improvements Value: $261,200

    Sales

  • Current Sale Recording Date: Jun 28, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 78666
  • Previous Sale Recording Date: Jun 28, 2013
  • Previous Sale Amount: $168,000
  • Previous Sale Document Type: O
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:

$519,900

Sale Price/ft²

$294

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1805 ft²

Average Home Age

81.4 years

Currently For Sale

26 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: 5 months ago
Data Source: MLS PIN, MLS# 71464685

Frequently Asked Questions

When was property at 48 Knapp Avenue built and last sold?
The property at 48 Knapp Avenue was built in 1990 and last sold on Jan 1, 1970 for $168,000.
How much is this home worth?
The estimated value of the home located at 48 Knapp Avenue is $186,477.
What are some comparable homes to 48 Knapp Avenue?
There are currently no comparable homes to 48 Knapp Avenue.
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