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Worcester 01602 Webster Square
47 4th St
$200,000
● Land - Off Market

47 4th St

Worcester, MA 01602
bedrooms
Studio
bathrooms
0 Bath
$296,632
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

BUILDERS INVESTORS CHECK THIS OUT!!!!APPROVED 9 LOT DEVELOPMENT!  APPROVED PLANS-ATTACHED HERE PERFECT TIMING! !Worcester HOUSING market is HOT HOT HOT, get in on the ground floor and make $$$$ ! Perfect timing to purchase build able lots for short money! THE NUMBERS MORE THAN WORK HERE... PERFECT TIMING FOR THIS 2.5 ACRE APPROVED 9 LOT PROJECT CONSISTING OF 8 SINGLE FAMILY ATTACHED  AND ONE SINGLE FAMILY HOME. NICE SITE TO DEVELOP, IN AN AREA OF NEWER HOMES. MARKET SUPPLY VERY LOW, THESE HOMES WILL BE IN HIGH DEMAND. SELLER IS SELLING AS IS WITH APPROVED PLANS.COULD POSSIBLY BE SMALL GATED COMMUNITY ALSO IN HIGH DEMAND AT THIS TIME.
Unit Size
-
Days on Market
-
Land Size
2.51 acres
Price per sqft
-
Property Type
Land
Property Taxes
$91
HOA Dues
-
Year Built
-

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 #72383838)

Price History

Date / Event Date Event Price
Feb 24, 2026 No longer available -
No longer available
Nov 24, 2025 Price Decreased $4,000,000
↓ $1M (20%)
Price Decreased
Sep 7, 2025 Price Decreased $5,000,000
↓ $300K (5.7%)
Price Decreased
Sep 3, 2025 Price Decreased $5,300,000
↓ $300K (5.4%)
Price Decreased
Aug 22, 2025 Price Decreased $5,600,000
↓ $400K (6.7%)
Price Decreased
Show More

Property Highlights

Parking Available

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: 109,378
  • 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: 0000002511
  • Standard Land Use Code: 8001
  • County Land Use Code: 130

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 731002

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 42-035-00100
  • Parcel: WORC M:42 B:035 L:00100
  • Block: 35
  • Lot: 100
  • Municipality: WORCESTER
  • Latitude: 42.2558
  • Longitude: -71.8511

    Address

  • Full Address: 47r 4th St
  • Address - House Number: 47r
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C033
  • 4-Digit Zip Code: 3140
  • Zip Code: 01602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $136,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,100
  • Assessed Land Value: $95,100

    Sales

  • Current Sale Contract Date: Apr 16, 2019
  • Current Sale Recording Date: Apr 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33941
  • Previous Sale Recording Date: Jun 02, 2006
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: 27
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 Webster Square

Stats & Trends

Median Asking:

$422,200

Sale Price/ft²

$262

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2413 ft²

Average Home Age

92 years

Currently For Sale

24 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: 4 months ago
Data Source: MLS PIN, MLS# 72383838

Frequently Asked Questions

When was property at 47 4th Street built and last sold?
The property at 47 4th Street was built in and last sold on Apr 16, 2019 for $200,000.
How much is this home worth?
The estimated value of the home located at 47 4th Street is $4,040,000.
What are some comparable homes to 47 4th Street?
There are currently no comparable homes to 47 4th Street.
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