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Worcester 01605 Forest Grove
573 Grove St
Photo of 573 Grove St
Sold on Dec 3, 2008

1

Map

$210,000
● House - Off Market

573 Grove St

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,908 Ft²
$517,922
RealtyHop Estimate
108.00%
Since Jan 1, 2009
National-US
Primary Model

About This Property

Enjoy beautiful views of Indian Lake from this "4-year-new" colonial. Elegant 2 storey foyer, glistening hardwoods throughout 1st floor, laundry room located off spacious kitchen, ample storage/closet space throughout. Master bedroom suite has spacious bath w/large linen closet, whirlpool tub. French doors open to deck overlooking private terraced backyard. Fin. lower level room & large 2 car garage with storage/workspace. (significant tile damage, missing toilet & vanity in 2nd fl. baths)
Unit Size
1,908 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$131
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
2004

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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 #70824482)

Price History

Date / Event Date Event Price
Apr 16, 2021 Sold
Premium
Sold
Dec 3, 2008 Sold
Premium
Sold
Sep 19, 2008 Listed $249,000
Listed
Jul 8, 2004 Sold
Premium
Sold
May 7, 2004 Listed by Coldwell Banker Realty - Worcester $299,500
Listed by Coldwell Banker Realty - Worcester
Waterview from brand new home looking for buyers! 3 bedrooms, 2.5 baths, 1st floor laundry room, 2 story foyer, hardwoods, stone walls and patio. Quick close possible.

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 7
  • 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: 392
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,800
  • Total Building Area: 1,899
  • Gross Building Area: 2,907
  • Building Area: 1,899
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,899
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WORCESTER
  • Land Acres: 0000000179
  • 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: 21-005-0025A
  • Parcel: WORC M:21 B:005 L:0025A
  • Block: 5
  • Lot: 25A
  • Municipality: WORCESTER
  • Latitude: 42.2933
  • Longitude: -71.8171

    Address

  • Full Address: 573 Grove St
  • Address - House Number: 573
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C010
  • 4-Digit Zip Code: 3801
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $584,800

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 503,453
  • High Value: 597,889
  • Low Value: 409,016

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $407,800
  • Assessed Land Value: $105,500
  • Assessed Improvements Value: $302,300

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53123
  • Previous Sale Recording Date: Dec 03, 2008
  • Previous Sale Amount: $210,000
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70824482

Frequently Asked Questions

When was property at 573 Grove Street built and last sold?
The property at 573 Grove Street was built in 2004 and last sold on Apr 16, 2021 for $350,000.
How much is this home worth?
The estimated value of the home located at 573 Grove Street is $265,136.
What are some comparable homes to 573 Grove Street?
There are currently no comparable homes to 573 Grove Street.
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