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Worcester 01609 Forest Grove
8 Spring Valley Rd
$327,500
● House - Off Market

8 Spring Valley Rd

Worcester, MA 01609
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,366 Ft²
$573,179
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

REDUCTION TAKEN !!! Expansive colonial in a lovely Upper Salisbury neighborhood. The nine rooms offer great flexibility. The second floor has 4 large bedrooms and 2 full baths including a master bath. Need more bedrooms? The first floor has two rooms which can be used as bedrooms ( they both have closets ), office, family room or au pair with full bath.Fireplaced living room, fireplaced dining room, and open kitchen complete the main floor. The lower level has a third fireplace, heat, picture window, and walkout to a generous yard. Improvements include roof, siding, windows, and furnace. Additional features are a walkup attic and, if needed, a handicap ramp leading into the house from inside the garage. This house needs some attention to make it a jewel.
Unit Size
2,366 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$144
Property Type
House
Property Taxes
$446
HOA Dues
-
Year Built
1958

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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 #72026288)

Price History

Date / Event Date Event Price
Oct 28, 2016 Sold
Premium
Sold
Jun 21, 2016 Listed by J.Gold Real Estate $339,900
Listed by J.Gold Real Estate

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 1,176
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,194
  • Total Building Area: 2,366
  • Gross Building Area: 4,146
  • Building Area: 2,366
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,366
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000349
  • 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: 55-017-00203
  • Parcel: WORC M:55 B:017 L:00203
  • Block: 17
  • Lot: 203
  • Municipality: WORCESTER
  • Latitude: 42.2984
  • Longitude: -71.8379

    Address

  • Full Address: 8 Spring Valley Rd
  • Address - House Number: 8
  • Address - Street Name: Spring Valley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C003
  • 4-Digit Zip Code: 1151
  • Zip Code: 01609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $630,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 577,459
  • High Value: 678,887
  • Low Value: 476,032

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $439,800
  • Assessed Land Value: $106,600
  • Assessed Improvements Value: $333,200

    Sales

  • Current Sale Recording Date: Oct 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 124239
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72026288

Frequently Asked Questions

When was property at 8 Spring Valley Road built and last sold?
The property at 8 Spring Valley Road was built in 1958 and last sold on Jan 1, 1970 for $333,500.
How much is this home worth?
The estimated value of the home located at 8 Spring Valley Road is $361,083.
What are some comparable homes to 8 Spring Valley Road?
There are currently no comparable homes to 8 Spring Valley Road.
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