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Worcester 01604 Union HIll
Lot 2 Hamilton
$97,500
● Land - Off Market

Lot 2 Hamilton

Worcester, MA 01604
bedrooms
Studio
bathrooms
0 Bath
$151,151
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Proposed duplex lot. Great area for a duplex. Great commuter location. Beautiful views of the city. Close to the Umass and the Massachusett Common Park.  Lot to right is currently part of this property and will be subdivided
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1890

Payment Calculator

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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 #72294807)

Price History

Date / Event Date Event Price
Apr 22, 2022 Sold
Premium
Sold
Feb 8, 2022 Sold
Premium
Sold
Jul 2, 2018 Sold
Premium
Sold
Mar 18, 2018 Listed by Skys Realty $99,900
Listed by Skys Realty
Jun 20, 2002 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 16
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 3
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,080
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,135
  • Total Building Area: 3,240
  • Gross Building Area: 4,806
  • Building Area: 3,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 3,240
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000164
  • Standard Land Use Code: 1102
  • County Land Use Code: 105

Neighborhood

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

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 18-004-00002
  • Parcel: WORC M:18 B:004 L:00002
  • Block: 4
  • Lot: 2
  • Municipality: WORCESTER
  • Latitude: 42.2546
  • Longitude: -71.7831

    Address

  • Full Address: 2 Hale St
  • Address - House Number: 2
  • Address - Street Name: Hale
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C007
  • 4-Digit Zip Code: 3875
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $535,000

    Appraisal Valuation

  • Standard Deviation: 0.224
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 567,105
  • High Value: 694,175
  • Low Value: 440,035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $373,100
  • Assessed Land Value: $102,200
  • Assessed Improvements Value: $270,900

    Sales

  • Current Sale Contract Date: Apr 22, 2022
  • Current Sale Recording Date: Apr 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 44508
  • Previous Sale Recording Date: Feb 08, 2022
  • Previous Sale Contract Date: Jan 28, 2022
  • Previous Sale Amount: $360,000
  • 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 Union HIll

Stats & Trends

Median Asking:

$637,450

Sale Price/ft²

$236

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2922 ft²

Average Home Age

107.3 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# 72294807

Frequently Asked Questions

When was property at 2 Hamilton Street built and last sold?
The property at 2 Hamilton Street was built in 1890 and last sold on Apr 22, 2022 for $500,000.
How much is this home worth?
The estimated value of the home located at 2 Hamilton Street is $100,899.
What are some comparable homes to 2 Hamilton Street?
There are currently no comparable homes to 2 Hamilton Street.
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