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Worcester 01604 Franklin Plantation
192 Norfolk St.
$97,000
● Land - Off Market

192 Norfolk St.

Worcester, MA 01604
bedrooms
Studio
bathrooms
0 Bath
$99,302
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Approved single family building lot near UMASS Med School* Water,sewer and natural gas at the street* Variance was granted with an approved house plan* Great views of downtown* minutes from schools, shopping and major routes* One mile to Boston commuter rail at Union Station* Lot plan is attached under the paperclip
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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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 #73080937)

Price History

Date / Event Date Event Price
Sep 1, 2023 Sold
Premium
Sold
May 31, 2023 In contract -
In contract
Feb 22, 2023 Listed by RE/MAX Partners $99,925
Listed by RE/MAX Partners
Feb 17, 2023 Sold
Premium
Sold
Jun 25, 2004 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,749
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000155
  • Standard Land Use Code: 8001
  • County Land Use Code: 130

Neighborhood

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

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 19-011-0030C
  • Parcel: WORC M:19 B:011 L:0030C
  • Block: 11
  • Lot: 30C
  • Municipality: WORCESTER
  • Latitude: 42.2652
  • Longitude: -71.7784

    Address

  • Full Address: 192 Norfolk St
  • Address - House Number: 192
  • Address - Street Name: Norfolk
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C024
  • 4-Digit Zip Code: 2958
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $119,200
  • Initial Tax Delinquent Year: 2023

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,100
  • Assessed Land Value: $83,100

    Sales

  • Current Sale Contract Date: Aug 30, 2023
  • Current Sale Recording Date: Sep 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 73127
  • Previous Sale Recording Date: Feb 17, 2023
  • Previous Sale Contract Date: Feb 14, 2023
  • Previous Sale Amount: $70,000
  • 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 Franklin Plantation

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$249

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2239 ft²

Average Home Age

121.2 years

Currently For Sale

9 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# 73080937

Frequently Asked Questions

When was property at 192 Norfolk Street built and last sold?
The property at 192 Norfolk Street was built in and last sold on Aug 30, 2023 for $97,000.
How much is this home worth?
The estimated value of the home located at 192 Norfolk Street is $100,924.
What are some comparable homes to 192 Norfolk Street?
There are currently no comparable homes to 192 Norfolk Street.
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