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Worcester 01605 Forest Grove
857 Grove St Terr
$262,900
● House - Off Market

857 Grove St Terr

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,056 Ft²
$393,159
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Location, Location, Location!!!  Lovely Neighborhood on the Holden line. This modern raised ranch is located in the desirable Grove St area to Grove St Terrace. Open floor plan featuring a living room with hardwood flooring, custom wood mantel & granite top fireplace. This opens to a great sized dining room boasting sliders to the farmer's porch which over-looks a private back yard. An open and modern brand new kitchen with granite counter tops and stainless steel appliances. Three good size bedrooms with hardwood flooring. Full bath is also new. Plenty of closets & storage space add to the appeal as well as a partially finished basement including a ½ bath. Garage is attached and has a lot of storage room. New heating system and updated electrical as well as a new roof.  You must see this gorgeous home!!!
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$246
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
1962

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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 #72328712)

Price History

Date / Event Date Event Price
Apr 22, 2022 Sold
Premium
Sold
Aug 3, 2018 Sold
Premium
Sold
May 16, 2018 Listed by RE/MAX Destiny $259,900
Listed by RE/MAX Destiny
Dec 6, 2017 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 720
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,701
  • Total Building Area: 1,056
  • Gross Building Area: 2,224
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000269
  • 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: 33-42C-00014
  • Parcel: WORC M:33 B:42C L:00014
  • Block: 42C
  • Lot: 14
  • Municipality: WORCESTER
  • Latitude: 42.3118
  • Longitude: -71.8256

    Address

  • Full Address: 857 Grove Street Ter
  • Address - House Number: 857
  • Address - Street Name: Grove Street
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Worcester
  • Carrier Code: C003
  • 4-Digit Zip Code: 3134
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $482,100

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 431,933
  • High Value: 512,954
  • Low Value: 350,912

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $336,200
  • Assessed Land Value: $103,300
  • Assessed Improvements Value: $232,900

    Sales

  • Current Sale Contract Date: Apr 22, 2022
  • Current Sale Recording Date: Apr 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 44529
  • Previous Sale Recording Date: Aug 03, 2018
  • Previous Sale Amount: $262,900
  • Previous Sale Document Type: O
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

50

Average Home Size

1853 ft²

Average Home Age

80.6 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 years ago
Data Source: MLS PIN, MLS# 72328712

Frequently Asked Questions

When was property at 857 Grove Street built and last sold?
The property at 857 Grove Street was built in 1962 and last sold on Apr 22, 2022 for $385,000.
How much is this home worth?
The estimated value of the home located at 857 Grove Street is $265,712.
What are some comparable homes to 857 Grove Street?
There are currently no comparable homes to 857 Grove Street.
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