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Worcester 01605 Forest Grove
91 Parkton Ave
$358,000
● House - Off Market

91 Parkton Ave

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,232 Ft²
$318,108
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Outstanding opportunity to own this well maintained 3 bedroom ranch convenient to major highways, shopping, and picturesque Indian Lake. Much of the interior has recently been painted and a new floor installed in the kitchen. One bathroom has been configured to accommodate with a zero step in shower for ease of use. The bedrooms have been freshly painted and are generous in size. Lower level features a partially finished room ready for flooring. A large workshop area adjoins the playroom with an additional  storage space makes for ease of lawn furniture/equipment storage. Must be visited to be fully appreciated..Additinal clearing of the rear yard would make a wonderful garden/entertainment area.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$260
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1950

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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 #73119798)

Price History

Date / Event Date Event Price
Aug 2, 2023 Sold
Premium
Sold
Jun 4, 2023 In contract -
In contract
Jun 2, 2023 Listed by RE/MAX Executive Realty $319,900
Listed by RE/MAX Executive Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,232
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,600
  • Total Building Area: 1,232
  • Gross Building Area: 2,739
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000427
  • 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: 33-030-00019
  • Parcel: WORC M:33 B:030 L:00019
  • Block: 30
  • Lot: 19
  • Municipality: WORCESTER
  • Latitude: 42.3036
  • Longitude: -71.8242

    Address

  • Full Address: 91 Parkton Ave
  • Address - House Number: 91
  • Address - Street Name: Parkton
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Worcester
  • Carrier Code: C003
  • 4-Digit Zip Code: 1029
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $431,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 410,130
  • High Value: 478,625
  • Low Value: 341,636

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $301,200
  • Assessed Land Value: $103,700
  • Assessed Improvements Value: $197,500

    Sales

  • Current Sale Contract Date: Aug 02, 2023
  • Current Sale Recording Date: Aug 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63149
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

50

Average Home Size

1805 ft²

Average Home Age

81.4 years

Currently For Sale

26 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: 5 months ago
Data Source: MLS PIN, MLS# 73119798

Frequently Asked Questions

When was property at 91 Parkton Avenue built and last sold?
The property at 91 Parkton Avenue was built in 1950 and last sold on Aug 2, 2023 for $358,000.
How much is this home worth?
The estimated value of the home located at 91 Parkton Avenue is $328,511.
What are some comparable homes to 91 Parkton Avenue?
There are currently no comparable homes to 91 Parkton Avenue.
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