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Worcester 01605 Forest Grove
61 Chester St
$395,000
● House - Off Market

61 Chester St

Worcester, MA 01605
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,204 Ft²
$390,461
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Be home for the holidays! Amazing Ranch home in a sought after North Worcester neighborhood. This home has it all! Come in to the large mudroom/ flexible living space to the beautiful updated kitchen with custom cabinets, granite, and large center island. The kitchen is open to a great dining area with room to host. The open floor plan continues with a spacious living room with wood burning fireplace and office/playroom area. Two bedrooms and a full bath round out the main floor. The basement has unlimited potential with a family room/playroom/ teen suite! It has a spacious finished living area, wood stove, and second bath. Head outside to see the large deck and the perfect sized flat fenced back yard.  Showings begin at Open Houses Thur/Sat.
Unit Size
1,204 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$307
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1954

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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: 5 months ago (MLSPIN #73043601)

Price History

Date / Event Date Event Price
Nov 21, 2022 Sold
Premium
Sold
Oct 9, 2022 In contract -
In contract
Oct 5, 2022 Listed by The O'Rourke Group Real Estate Professionals $370,000
Listed by The O'Rourke Group Real Estate Professionals
Sep 1, 2009 Sold
Premium
Sold
Jul 4, 2009 Listed by The O'Rourke Group Real Estate Professionals $244,900
Listed by The O'Rourke Group Real Estate Professionals
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 18
  • 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: 996
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,607
  • Total Building Area: 1,204
  • Gross Building Area: 2,696
  • Building Area: 1,204
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,204
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000289
  • 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: 33-038-00009
  • Parcel: WORC M:33 B:038 L:00009
  • Block: 38
  • Lot: 9
  • Municipality: WORCESTER
  • Latitude: 42.3038
  • Longitude: -71.8262

    Address

  • Full Address: 61 Chester St
  • Address - House Number: 61
  • Address - Street Name: Chester
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C006
  • 4-Digit Zip Code: 1041
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $467,800

    Appraisal Valuation

  • Standard Deviation: 0.1857
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 428,853
  • High Value: 508,525
  • Low Value: 349,182

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $326,200
  • Assessed Land Value: $103,400
  • Assessed Improvements Value: $222,800

    Sales

  • Current Sale Contract Date: Nov 21, 2022
  • Current Sale Recording Date: Nov 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 124589
  • Previous Sale Recording Date: Sep 01, 2009
  • Previous Sale Amount: $241,000
  • 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:

$519,900

Sale Price/ft²

$294

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1817 ft²

Average Home Age

80.3 years

Currently For Sale

29 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: 5 months ago
Data Source: MLS PIN, MLS# 73043601

Frequently Asked Questions

When was property at 61 Chester Street built and last sold?
The property at 61 Chester Street was built in 1954 and last sold on Nov 21, 2022 for $395,000.
How much is this home worth?
The estimated value of the home located at 61 Chester Street is $366,085.
What are some comparable homes to 61 Chester Street?
There are currently no comparable homes to 61 Chester Street.
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