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Worcester 01604 Franklin Plantation
5 Montreal St
$336,500
● House - Off Market

5 Montreal St

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$319,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Welcome to your move-in-ready dream home! This 3 bedroom, 1 bathroom gem underwent a complete renovation this summer. Tucked away at the end of a dead-end street, you'll enjoy privacy in your spacious backyard while being just minutes away from major amenities like Polar Park, Union Station, and major highway access. With brand-new electrical, plumbing, and hot water heater, along with a young roof, windows and siding, maintenance concerns are a thing of the past. Inside, you'll find a stunning new kitchen and bathroom, complemented by fresh flooring throughout. This is the one you've been waiting for - schedule a tour today before it's gone!
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$291
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1890

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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: 5 months ago (MLSPIN #73160793)

Price History

Date / Event Date Event Price
Nov 10, 2023 Sold
Premium
Sold
Sep 25, 2023 In contract -
In contract
Sep 21, 2023 Listed by Century 21 North East $319,900
Listed by Century 21 North East
Jul 28, 2023 Sold
Premium
Sold
Jun 21, 2023 In contract -
In contract
Show More

Property Highlights

Parking Available
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 432
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,500
  • Total Building Area: 956
  • Gross Building Area: 1,676
  • Building Area: 956
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 956
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000080
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 4-011-00012
  • Parcel: WORC M:04 B:011 L:00012
  • Block: 11
  • Lot: 12
  • Municipality: WORCESTER
  • Latitude: 42.2593
  • Longitude: -71.7853

    Address

  • Full Address: 5 Montreal St
  • Address - House Number: 5
  • Address - Street Name: Montreal
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C020
  • 4-Digit Zip Code: 2901
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $301,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 93
  • Final Value: 325,312
  • High Value: 353,278
  • Low Value: 297,346

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,500
  • Assessed Land Value: $55,400
  • Assessed Improvements Value: $155,100

    Sales

  • Current Sale Contract Date: Nov 10, 2023
  • Current Sale Recording Date: Nov 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 94355
  • Previous Sale Recording Date: Jul 28, 2023
  • Previous Sale Contract Date: Jul 27, 2023
  • Previous Sale Amount: $175,000
  • 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:

$499,900

Sale Price/ft²

$251

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2401 ft²

Average Home Age

134.8 years

Currently For Sale

6 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: 5 months ago
Data Source: MLS PIN, MLS# 73160793

Frequently Asked Questions

When was property at 5 Montreal Street built and last sold?
The property at 5 Montreal Street was built in 1890 and last sold on Nov 10, 2023 for $336,500.
How much is this home worth?
The estimated value of the home located at 5 Montreal Street is $323,521.
What are some comparable homes to 5 Montreal Street?
There are currently no comparable homes to 5 Montreal Street.
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