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Worcester 01605 Forest Grove
5 Hibiscus Dr
$424,000
● House - Off Market

5 Hibiscus Dr

Worcester, MA 01605
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,272 Ft²
$641,713
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Buyer could not move forward due to personal issues. Beautifully designed 4 bedroom Colonial with open floor plan. Home features a dramatic two story, fireplace, family room with hardwoods, formal dining and living rooms also included with hardwoods. French doors lead to a first level in-home office. You will enjoy cooking in this kitchen complete with stainless appliances, granite countertops, backsplash, and pantry closet. Master bedroom has luxury master bath, and impressive walk-in closet. Second level also offers 3 generous sized bedrooms, and laundry room. New paint -gorgeous crystal chandelier - newer hot water heater - close to major routes.
Unit Size
2,272 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$189
Property Type
House
Property Taxes
$533
HOA Dues
$17
Year Built
2001

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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 #72425250)

Price History

Date / Event Date Event Price
Mar 27, 2019 Sold
Premium
Sold
Nov 18, 2018 Listed by EXIT Real Estate Executives $429,000
Listed by EXIT Real Estate Executives
Aug 21, 2014 Sold
Premium
Sold
Jul 1, 2014 Listed by EXIT Real Estate Executives $349,000
Listed by EXIT Real Estate Executives

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,016
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,875
  • Total Building Area: 2,272
  • Gross Building Area: 3,828
  • Building Area: 2,272
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,272
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINTER HEIGHTS
  • Land Acres: 0000000181
  • 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: 33-23C-00041
  • Parcel: WORC M:33 B:23C L:00041
  • Block: 23C
  • Lot: 41
  • Municipality: WORCESTER
  • Latitude: 42.3075
  • Longitude: -71.837

    Address

  • Full Address: 5 Hibiscus Dr
  • Address - House Number: 5
  • Address - Street Name: Hibiscus
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C006
  • 4-Digit Zip Code: 4014
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $720,300

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 628,578
  • High Value: 739,258
  • Low Value: 517,898

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $502,300
  • Assessed Land Value: $102,500
  • Assessed Improvements Value: $399,800

    Sales

  • Current Sale Contract Date: Mar 21, 2019
  • Current Sale Recording Date: Mar 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26401
  • Previous Sale Recording Date: Aug 21, 2014
  • Previous Sale Amount: $337,000
  • 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:

$520,000

Sale Price/ft²

$291

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1891 ft²

Average Home Age

82.5 years

Currently For Sale

23 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# 72425250

Frequently Asked Questions

When was property at 5 Hibiscus Drive built and last sold?
The property at 5 Hibiscus Drive was built in 2001 and last sold on Mar 21, 2019 for $429,000.
How much is this home worth?
The estimated value of the home located at 5 Hibiscus Drive is $441,398.
What are some comparable homes to 5 Hibiscus Drive?
There are currently no comparable homes to 5 Hibiscus Drive.
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