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Worcester 01605 Forest Grove
656 Grove St
$357,000
● House - Off Market

656 Grove St

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,800 Ft²
$526,413
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Totally renovated large colonial with 3 beds and 1.5 baths - New kitchen with cabinets, SS appliances, granite counters/island and recessed lighting. New bathrooms with tile floor and all new fixtures. New electrical throughout including service. New pluming, new high-efficient on demand gas heat and hot water. New windows and flooring. Large 18'x18' 3 season sun room off kitchen. Kitchen is open and large 17'x13'. Large yard with over-sized 2 car garage/barn - with extra space. New front porch. Convenient location with easy access to all major routes.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$200
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
1890

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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 #72578799)

Price History

Date / Event Date Event Price
Dec 30, 2019 Sold
Premium
Sold
Oct 11, 2019 Listed by Alpha Realty $359,900
Listed by Alpha Realty
Jun 11, 2018 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • 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: 898
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,682
  • Total Building Area: 1,437
  • Gross Building Area: 3,232
  • Building Area: 1,437
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,437
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000842
  • 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: 33-005-00003
  • Parcel: WORC M:33 B:005 L:00003
  • Block: 5
  • Lot: 3
  • Municipality: WORCESTER
  • Latitude: 42.299
  • Longitude: -71.8203

    Address

  • Full Address: 656 Grove St
  • Address - House Number: 656
  • 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: $620,900

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 485,191
  • High Value: 587,435
  • Low Value: 382,946

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $433,000
  • Assessed Land Value: $108,600
  • Assessed Improvements Value: $324,400

    Sales

  • Current Sale Contract Date: Dec 30, 2019
  • Current Sale Recording Date: Dec 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 143786
  • Previous Sale Recording Date: Jun 11, 2018
  • Previous Sale Amount: $199,000
  • Previous Sale Document Type: 34
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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72578799

Frequently Asked Questions

When was property at 656 Grove Street built and last sold?
The property at 656 Grove Street was built in 1890 and last sold on Dec 30, 2019 for $357,000.
How much is this home worth?
The estimated value of the home located at 656 Grove Street is $373,145.
What are some comparable homes to 656 Grove Street?
There are currently no comparable homes to 656 Grove Street.
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