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Worcester 01602 Newton Square
4 Franconia St
$239,000
● House - Off Market

4 Franconia St

Worcester, MA 01602
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,358 Ft²
$361,543
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Large single family with living room, family room, dining room. 4 bedroom and 1.5 bath. Hardwood floor through out. Upgraded new bathroom 2nd floor. New front deck. Driveway just paved. Newton Square area.
Unit Size
2,358 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$101
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1914

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: 6 months ago (MLSPIN #72321459)

Price History

Date / Event Date Event Price
Aug 24, 2021 Sold
Premium
Sold
Jun 9, 2021 Listed by Cedar Wood Realty Group $340,000
Listed by Cedar Wood Realty Group
Aug 6, 2018 Sold
Premium
Sold
May 5, 2018 Listed by Cedar Wood Realty Group $239,000
Listed by Cedar Wood Realty Group
Nov 4, 2010 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,206
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Total Building Area: 2,358
  • Gross Building Area: 3,833
  • Building Area: 2,358
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,358
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000103
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730901

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 24-026-20+21
  • Parcel: WORC M:24 B:026 L:20+21
  • Block: 26
  • Lot: 20+21
  • Municipality: WORCESTER
  • Latitude: 42.2694
  • Longitude: -71.8269

    Address

  • Full Address: 4 Franconia St
  • Address - House Number: 4
  • Address - Street Name: Franconia
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C005
  • 4-Digit Zip Code: 2649
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $479,700

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 93
  • Final Value: 551,073
  • High Value: 598,447
  • Low Value: 503,698

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,500
  • Assessed Land Value: $79,000
  • Assessed Improvements Value: $255,500

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Aug 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 118255
  • Previous Sale Recording Date: Aug 06, 2018
  • Previous Sale Amount: $239,000
  • 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 Newton Square

Stats & Trends

Median Asking:

$529,900

Sale Price/ft²

$273

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2858 ft²

Average Home Age

111.8 years

Currently For Sale

12 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: 6 months ago
Data Source: MLS PIN, MLS# 72321459

Frequently Asked Questions

When was property at 4 Franconia Street built and last sold?
The property at 4 Franconia Street was built in 1914 and last sold on Aug 20, 2021 for $320,000.
How much is this home worth?
The estimated value of the home located at 4 Franconia Street is $347,935.
What are some comparable homes to 4 Franconia Street?
There are currently no comparable homes to 4 Franconia Street.
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