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Worcester 01605 Forest Grove
6 Mercury Dr
$230,000
● House - Off Market

6 Mercury Dr

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,125 Ft²
$356,221
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Cute ranch in desired location close to St. Peter-Marian and Bancroft private schools.  Hardwood floors in the hallway, 3 bedrooms, and also in the dining room that opens to the living room.  There is a good sized deck that overlooks the spacious back yard.  The basement is partially finished with a partially finished half-bath.  There are TWO walk-outs to the back yard.  The exterior needs work and the roof appears to be older.
Unit Size
1,125 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$209
Property Type
House
Property Taxes
$268
HOA Dues
-
Year Built
1964

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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: 6 months ago (MLSPIN #72288504)

Price History

Date / Event Date Event Price
Oct 28, 2021 Sold
Premium
Sold
Aug 31, 2021 Listed by LAER Realty Partners $400,000
Listed by LAER Realty Partners
Jun 13, 2018 Sold
Premium
Sold
Mar 2, 2018 Listed by LAER Realty Partners $235,000
Listed by LAER Realty Partners
Nov 1, 2006 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1,125
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,361
  • Total Building Area: 1,125
  • Gross Building Area: 2,476
  • Building Area: 1,125
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,125
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000353
  • 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: 33-42D-00065
  • Parcel: WORC M:33 B:42D L:00065
  • Block: 42D
  • Lot: 65
  • Municipality: WORCESTER
  • Latitude: 42.3131
  • Longitude: -71.8292

    Address

  • Full Address: 6 Mercury Dr
  • Address - House Number: 6
  • Address - Street Name: Mercury
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C003
  • 4-Digit Zip Code: 1005
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $481,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 451,238
  • High Value: 533,316
  • Low Value: 369,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $335,700
  • Assessed Land Value: $103,500
  • Assessed Improvements Value: $232,200

    Sales

  • Current Sale Contract Date: Oct 28, 2021
  • Current Sale Recording Date: Oct 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 151412
  • Previous Sale Recording Date: Jun 13, 2018
  • Previous Sale Amount: $230,000
  • 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:

$509,000

Sale Price/ft²

$299

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1965 ft²

Average Home Age

77.1 years

Currently For Sale

25 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: 6 months ago
Data Source: MLS PIN, MLS# 72288504

Frequently Asked Questions

When was property at 6 Mercury Drive built and last sold?
The property at 6 Mercury Drive was built in 1964 and last sold on Oct 28, 2021 for $420,000.
How much is this home worth?
The estimated value of the home located at 6 Mercury Drive is $393,799.
What are some comparable homes to 6 Mercury Drive?
There are currently no comparable homes to 6 Mercury Drive.
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