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Worcester
5 Forest Park Drive
$384,000
● House - Off Market

5 Forest Park Drive

Mendon, MA 01756
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,589 Ft²
$775,056
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

FULL FIRST FLOOR INLAW!!! Beautiful colonial with inlaw attached. New roof 2011. The main house has some new wood flooring, 3 bed 1.5 bath. eat in kit with granite counter top. First floor laundry. A freshly painted family room with a fireplace. The spacious inlaw has it's own entrance. 1 bedroom,1 bath, eat in kitchen, livingroom and den completes this space. A slider in the den leads to a rear deck. A two car garage is under. Walk-out lower level to a private backyard. Located on a cul da sac.
Unit Size
2,589 Ft²
Days on Market
-
Land Size
1.44 acres
Price per sqft
$153
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1988

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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 #71503576)

Price History

Date / Event Date Event Price
Jul 20, 2021 Sold
Premium
Sold
May 25, 2021 Listed by Century 21 Commonwealth $599,000
Listed by Century 21 Commonwealth
Jun 28, 2013 Sold
Premium
Sold
Apr 4, 2013 Listed by Century 21 Commonwealth $394,900
Listed by Century 21 Commonwealth

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 62,726
  • Total Building Area: 2,589
  • Gross Building Area: 4,557
  • Building Area: 2,589
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,589
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001440
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mendon-Upton School District
  • School Tax School District: MENDON-UPTON SD
  • Census Tract: 746100

Zoning

  • Zoning: RES

Geography

  • Account Number: 71
  • Parcel: MEND M:04 B:131 P:005
  • Block: 131
  • Municipality: MENDON
  • Latitude: 42.1188
  • Longitude: -71.5736

    Address

  • Full Address: 5 Forest Park Dr
  • Address - House Number: 5
  • Address - Street Name: Forest Park
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Mendon
  • Carrier Code: R002
  • 4-Digit Zip Code: 1061
  • Zip Code: 01756

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $888,100

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 689,572
  • High Value: 799,688
  • Low Value: 579,455

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $647,800
  • Assessed Land Value: $185,500
  • Assessed Improvements Value: $462,300

    Sales

  • Current Sale Contract Date: Jul 19, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 100522
  • Previous Sale Recording Date: Jun 28, 2013
  • Previous Sale Amount: $384,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2401 ft²

Average Home Age

63.3 years

Currently For Sale

2000 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# 71503576

Frequently Asked Questions

When was property at 5 Forest Park Drive built and last sold?
The property at 5 Forest Park Drive was built in 1988 and last sold on Jul 19, 2021 for $575,000.
How much is this home worth?
The estimated value of the home located at 5 Forest Park Drive is $600,390.
What are some comparable homes to 5 Forest Park Drive?
There are currently no comparable homes to 5 Forest Park Drive.
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