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Worcester 01606 Forest Grove
56 Piehl Ave
$227,000
● House - Off Market

56 Piehl Ave

Worcester, MA 01606
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,136 Ft²
$342,163
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Enjoy the lovely neighborhood location and commuter convenience with this 3 bedroom, 1 bath Ranch home near the Holden line. Desirable features in this single level home include hardwoods throughout, replacement windows, one-car garage, vinyl siding and a bonus room with fireplace in the basement. For buyer comfort and convenience appliances will remain including the washer and dryer (bring your own refrigerator). Nice sized deck overlooking rear yard perfect for entertaining family, friends, and hosting large gatherings. Additional potential in the unfinished open walkout basement with its tall ceilings. This long term family owned and well maintained home is a gem and a worthwhile endeavor for its new owners to add their personal touches.
Unit Size
1,136 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$198
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
1955

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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 #72413576)

Price History

Date / Event Date Event Price
Dec 14, 2018 Sold
Premium
Sold
Oct 21, 2018 Listed by Homestead Realty Group $224,900
Listed by Homestead Realty Group
Apr 30, 1992 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • 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: 806
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,208
  • Total Building Area: 1,136
  • Gross Building Area: 2,434
  • Building Area: 1,136
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,136
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730100

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 49-013-00133
  • Parcel: WORC M:49 B:013 L:00133
  • Block: 13
  • Lot: 133
  • Municipality: WORCESTER
  • Latitude: 42.3163
  • Longitude: -71.8254

    Address

  • Full Address: 56 Piehl Ave
  • Address - House Number: 56
  • Address - Street Name: Piehl
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C007
  • 4-Digit Zip Code: 2575
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $452,900

    Appraisal Valuation

  • Standard Deviation: 0.2006
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 400,047
  • High Value: 480,301
  • Low Value: 319,793

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,800
  • Assessed Land Value: $95,600
  • Assessed Improvements Value: $220,200

    Sales

  • Current Sale Contract Date: Dec 07, 2018
  • Current Sale Recording Date: Dec 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 132877
  • Previous Sale Recording Date: Apr 30, 1992
  • Previous Sale Amount: $118,500
  • 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:

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72413576

Frequently Asked Questions

When was property at 56 Piehl Avenue built and last sold?
The property at 56 Piehl Avenue was built in 1955 and last sold on Dec 7, 2018 for $227,000.
How much is this home worth?
The estimated value of the home located at 56 Piehl Avenue is $233,717.
What are some comparable homes to 56 Piehl Avenue?
There are currently no comparable homes to 56 Piehl Avenue.
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