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Worcester 01604 Franklin Plantation
13 Ridge Street
$350,000
● House - Off Market

13 Ridge Street

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,700 Ft²
$454,500
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

NEW Construction - Now is the time to pick out granite, floors, hardwood, paint, etc and make it your own! Single Family-Attached home with Zero Lot Line & NO CONDO FEES. 3 Bedrooms, 2.5 Bathrooms. Your new home offers approximately 1,700 SF of Living Space, Open Floor Plan w/ Hardwood Floor throughout the 1st Floor. Kitchen is equipped with New Appliances, Granite Counter Top, entry to access to the deck. Second floor offers 3 bedrooms, 2 baths, washer/dryer hookups, and a beautiful view of the City from the Master Bedroom. 2 Car Tandem Garage. Great location near Mass Pike, 290 and RT 20, UMASS, Union Station, Shrewsbury Street Restaurants and shopping. Forced Hot Air/Central AC, Gas, Tankless Hot Water, City Town Water/Sewer. Everything will be BRAND NEW & Move-In Ready.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$206
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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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 #72696294)

Price History

Date / Event Date Event Price
Jan 7, 2021 Sold
Premium
Sold
Jul 22, 2020 Listed by TopHills Realty Partners, LLC $350,000
Listed by TopHills Realty Partners, LLC

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,200
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,720
  • Gross Building Area: 2,680
  • Building Area: 1,720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,720
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000051
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732203

Geography

  • Account Number: 4-008-001-3
  • Parcel: WORC M:04 B:008 L:001-3
  • Block: 8
  • Lot: 1-3
  • Municipality: WORCESTER
  • Latitude: 42.2594
  • Longitude: -71.7829

    Address

  • Full Address: 13 Ridge St
  • Address - House Number: 13
  • Address - Street Name: Ridge
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C020
  • 4-Digit Zip Code: 2931
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $547,900

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 463,312
  • High Value: 568,039
  • Low Value: 358,585

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,100
  • Assessed Land Value: $53,000
  • Assessed Improvements Value: $329,100

    Sales

  • Current Sale Contract Date: Jan 05, 2021
  • Current Sale Recording Date: Jan 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2836
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 Franklin Plantation

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$246

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2081 ft²

Average Home Age

121.1 years

Currently For Sale

10 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# 72696294

Frequently Asked Questions

When was property at 13 Ridge Street built and last sold?
The property at 13 Ridge Street was built in 2020 and last sold on Jan 5, 2021 for $350,000.
How much is this home worth?
The estimated value of the home located at 13 Ridge Street is $0.
What are some comparable homes to 13 Ridge Street?
There are currently no comparable homes to 13 Ridge Street.
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