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Worcester 01609 Forest Grove
7 Laurelwood Drive
$365,000
● House - Off Market

7 Laurelwood Drive

Worcester, MA 01605
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,177 Ft²
$764,475
RealtyHop Estimate
109.45%
Since May 1, 2004
National-US
Primary Model

About This Property

YOUNG 8 RM COLONIAL IN LOVELY CUL-DE-SAC SETTING,SPACIOUS LVRM & DR W/HDWD FLRS,FAMRM W/FPLC.MBR W/BATH,LG DECK, PERENNIAL GARDENS,2 CAR GARAGE & BONUS 600 SF LOWER LEVEL W/FULL BATH.
Unit Size
2,177 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$168
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1987

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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 #30810008)

Price History

Date / Event Date Event Price
Apr 27, 2004 Sold
Premium
Sold
Feb 4, 2004 Listed by Silver Real Estate $365,000
Listed by Silver Real Estate
Apr 30, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 9
  • 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: 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: 1,140
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,000
  • Total Building Area: 2,232
  • Gross Building Area: 4,156
  • Building Area: 2,232
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,232
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIDDEN FARM ESTATES DEFINITIVE
  • Land Acres: 0000000298
  • 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: 33-38B-00003
  • Parcel: WORC M:33 B:38B L:00003
  • Block: 38B
  • Lot: 3
  • Municipality: WORCESTER
  • Latitude: 42.3058
  • Longitude: -71.8309

    Address

  • Full Address: 7 Laurelwood Dr
  • Address - House Number: 7
  • Address - Street Name: Laurelwood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C006
  • 4-Digit Zip Code: 1054
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $670,400

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 599,138
  • High Value: 702,028
  • Low Value: 496,248

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $467,500
  • Assessed Land Value: $106,500
  • Assessed Improvements Value: $361,000

    Sales

  • Current Sale Recording Date: Apr 27, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 70879
  • Previous Sale Recording Date: Apr 30, 1998
  • Previous Sale Amount: $221,000
  • 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

1813 ft²

Average Home Age

80.6 years

Currently For Sale

30 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# 30810008

Frequently Asked Questions

When was property at 7 Laurelwood Drive built and last sold?
The property at 7 Laurelwood Drive was built in 1987 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 7 Laurelwood Drive is $379,605.
What are some comparable homes to 7 Laurelwood Drive?
There are currently no comparable homes to 7 Laurelwood Drive.
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