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Worcester 01604 Grafton Hill
150 Hamilton Street
$320,000
● House - Off Market

150 Hamilton Street

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,784 Ft²
$380,502
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Currently being used as a single family home. Property being sold as is. Will not qualify for FHA or VA financing. Perfect for cash buyer or investor. First floor will need significant work/updating.  First floor formerly used as a dental office. Currently used for studio space, laundry and storage. Potential to use for business or additional living space. Buyers responsibility to make inquiries with the city for acceptable uses and confirm all information. 2nd floor residence is well maintained and in move in condition. Walk up attic provides excellent storage or possible conversion to additional living space. Large open basement for workshop or additional storage. Corner lot with off street parking for 6 or more vehicles. Storage shed will need repair.
Unit Size
2,784 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$115
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1963

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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 years ago (MLSPIN #72812312)

Price History

Date / Event Date Event Price
May 25, 2021 Sold
Premium
Sold
Apr 9, 2021 Listed by Keller Williams Realty Greater Worcester $319,900
Listed by Keller Williams Realty Greater Worcester

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 31
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,344
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,200
  • Total Building Area: 2,784
  • Gross Building Area: 5,472
  • Building Area: 2,784
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,784
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000257
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732302

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 18-029-01+21
  • Parcel: WORC M:18 B:029 L:01+21
  • Block: 29
  • Lot: 1+21
  • Municipality: WORCESTER
  • Latitude: 42.256
  • Longitude: -71.7766

    Address

  • Full Address: 150 Hamilton St
  • Address - House Number: 150
  • Address - Street Name: Hamilton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C009
  • 4-Digit Zip Code: 2209
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $626,200

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 564,199
  • High Value: 658,424
  • Low Value: 469,975

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $436,700
  • Assessed Land Value: $85,700
  • Assessed Improvements Value: $351,000

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: May 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 72115
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 Grafton Hill

Stats & Trends

Median Asking:

$472,400

Sale Price/ft²

$277

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1902 ft²

Average Home Age

72.5 years

Currently For Sale

25 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

Unit for rent at 42 Vernon Street, MA, 01610

$958 /mo

  • 1 Bed
  • 1 Bath
42 Vernon Street, MA, 01610 Listing by Rick Rivera
Unit for rent at 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72812312

Frequently Asked Questions

When was property at 150 Hamilton Street built and last sold?
The property at 150 Hamilton Street was built in 1963 and last sold on May 24, 2021 for $320,000.
How much is this home worth?
The estimated value of the home located at 150 Hamilton Street is $346,167.
What are some comparable homes to 150 Hamilton Street?
There are currently no comparable homes to 150 Hamilton Street.
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