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Worcester 01605 Forest Grove
7 Nelson Park Dr
$229,500
● House - Off Market

7 Nelson Park Dr

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,240 Ft²
$399,570
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

This Picture perfect home awaits you offering an open floor plan with beautiful cherry kitchen cabinets , young stainless steel appliances, living room with propane fireplace, freshly painted interior , spacious  bedrms, plus a finished lower level, wood stove & 2nd full bath . Outside is equally as beautiful as the inside with freshly painted exterior. Oversized  patio, fenced yard, and new roof . This is a must see
Unit Size
1,240 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$181
Property Type
House
Property Taxes
$294
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: 4 months ago (MLSPIN #71838649)

Price History

Date / Event Date Event Price
Jul 1, 2015 Sold
Premium
Sold
May 16, 2015 Listed by Janice Mitchell R.E., Inc $225,000
Listed by Janice Mitchell R.E., Inc
Aug 27, 2010 Sold
Premium
Sold
Jun 24, 2010 Listed by Janice Mitchell R.E., Inc $220,000
Listed by Janice Mitchell R.E., Inc

Property Highlights

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: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 960
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,445
  • Total Building Area: 1,242
  • Gross Building Area: 2,394
  • Building Area: 1,242
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,242
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NELSON PARK DRIVE
  • Land Acres: 0000000171
  • 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: 21-022-00007
  • Parcel: WORC M:21 B:022 L:00007
  • Block: 22
  • Lot: 7
  • Municipality: WORCESTER
  • Latitude: 42.2964
  • Longitude: -71.8217

    Address

  • Full Address: 7 Nelson Park Dr
  • Address - House Number: 7
  • Address - Street Name: Nelson Park
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Worcester
  • Carrier Code: C010
  • 4-Digit Zip Code: 1145
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $487,000

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 453,610
  • High Value: 532,057
  • Low Value: 375,162

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $339,600
  • Assessed Land Value: $105,400
  • Assessed Improvements Value: $234,200

    Sales

  • Current Sale Recording Date: Jul 01, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 64407
  • Previous Sale Recording Date: Aug 27, 2010
  • Previous Sale Amount: $205,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71838649

Frequently Asked Questions

When was property at 7 Nelson Park Drive built and last sold?
The property at 7 Nelson Park Drive was built in 1954 and last sold on Jan 1, 1970 for $229,500.
How much is this home worth?
The estimated value of the home located at 7 Nelson Park Drive is $234,189.
What are some comparable homes to 7 Nelson Park Drive?
There are currently no comparable homes to 7 Nelson Park Drive.
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