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Worcester 01604 Franklin Plantation
185 Orient Street
$450,000
● House - Off Market

185 Orient Street

Worcester, MA 01604
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,334 Ft²
$398,412
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Check out this magnificent Bungalow style home within one mile of the University of Massachusetts/Memorial Medical Center.  Long-time family home with many updates.  Updates include vinyl siding and all new vinyl replacement windows.  Hardwood floors throughout the main living level and a poured kitchen floor.  The main level includes an eat in kitchen, family room, living room, two larger bedrooms and a full bath.  Spacious walkout basement with interior access and potential to be converted to an apartment.  Gross living area does not include two finished bonus rooms which have the potential to be bedrooms or used for clean storage.  Double city lot with spectacular views.  Minutes to the University and Memorial Hospitals and Medical School.  Easy access to routes 9, 20 and the T-Station.
Unit Size
1,334 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$300
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
1920

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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 #73150906)

Price History

Date / Event Date Event Price
Oct 30, 2023 Sold
Premium
Sold
Aug 30, 2023 In contract -
In contract
Aug 22, 2023 Listed by The O'Rourke Group Real Estate Professionals $399,900
Listed by The O'Rourke Group Real Estate Professionals

Property Highlights

Parking Available
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 3
  • 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: 1,334
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,928
  • Total Building Area: 1,334
  • Gross Building Area: 4,357
  • Building Area: 1,334
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,334
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000228
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 19-009-45+46
  • Parcel: WORC M:19 B:009 L:45+46
  • Block: 9
  • Lot: 45+46
  • Municipality: WORCESTER
  • Latitude: 42.2661
  • Longitude: -71.7753

    Address

  • Full Address: 185 Orient St
  • Address - House Number: 185
  • Address - Street Name: Orient
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C020
  • 4-Digit Zip Code: 2952
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $496,500
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 425,682
  • High Value: 505,491
  • Low Value: 345,873

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,200
  • Assessed Land Value: $103,200
  • Assessed Improvements Value: $243,000

    Sales

  • Current Sale Contract Date: Oct 30, 2023
  • Current Sale Recording Date: Oct 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 90685
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

$243

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

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: 4 months ago
Data Source: MLS PIN, MLS# 73150906

Frequently Asked Questions

When was property at 185 Orient Street built and last sold?
The property at 185 Orient Street was built in 1920 and last sold on Oct 30, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 185 Orient Street is $409,228.
What are some comparable homes to 185 Orient Street?
There are currently no comparable homes to 185 Orient Street.
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