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Worcester 01605 Forest Grove
640 Grove Street
$162,000
● House - Off Market

640 Grove Street

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,457 Ft²
$499,057
RealtyHop Estimate
212.11%
Since Dec 1, 1999
National-US
Primary Model

About This Property

THIS FANTASTIC 3BR COLONIAL FEATURES NUMEROUS UPDATES INCLUDING A MODERN EAT-IN KITCHEN,CERAMIC TILE,NEWER CARPET ING,HARDWOODS UNDER,REPLACEMENT WINDOWS & MORE. ENJOY THE PRIVACY OF LARGE,LEVEL,LANDSCAPED BACKYARD FROM THE OVER
Unit Size
1,457 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$110
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1916

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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 years ago (MLSPIN #30355299)

Price History

Date / Event Date Event Price
Nov 19, 1999 Sold
Premium
Sold
Sep 17, 1999 Listed by RE/MAX First Choice R. E. $159,900
Listed by RE/MAX First Choice R. E.
Dec 28, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1916
  • 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: 2
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 700
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,480
  • Total Building Area: 1,476
  • Gross Building Area: 2,426
  • Building Area: 1,476
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,476
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730600

Zoning

  • Zoning: RS-10

Geography

  • Account Number: 33-001-00001
  • Parcel: WORC M:33 B:001 L:00001
  • Block: 1
  • Lot: 1
  • Municipality: WORCESTER
  • Latitude: 42.2981
  • Longitude: -71.8197

    Address

  • Full Address: 640 Grove St
  • Address - House Number: 640
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C010
  • 4-Digit Zip Code: 3123
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $466,600

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 457,326
  • High Value: 539,270
  • Low Value: 375,383

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,400
  • Assessed Land Value: $106,400
  • Assessed Improvements Value: $219,000

    Sales

  • Current Sale Recording Date: Nov 19, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 28, 1993
  • Previous Sale Amount: $116,000
  • 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 years ago
Data Source: MLS PIN, MLS# 30355299

Frequently Asked Questions

When was property at 640 Grove Street built and last sold?
The property at 640 Grove Street was built in 1916 and last sold on Jan 1, 1970 for $162,000.
How much is this home worth?
The estimated value of the home located at 640 Grove Street is $176,059.
What are some comparable homes to 640 Grove Street?
There are currently no comparable homes to 640 Grove Street.
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