573 Grafton St
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 2, 2026 | No longer available | - | |
| No longer available | |||
| Dec 7, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Sep 5, 2025 | Price Decreased |
$90,000
↓ $5K
(5.3%) | |
| Price Decreased | |||
| Aug 20, 2025 | Listed by Venture | $95,000 | |
| Listed by Venture | |||
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Buildable Lot with Development Potential – RG-5 Zoning573 Grafton Street offers a prime Worcester location with approximately 5,099 sq ft of land. Zoned RG-5, the property allows by-right construction of a single-family home and may support multi-family development with appropriate approvals. Situated on Grafton Street with strong visibility, the lot provides convenient access to public transportation, local amenities, and major highways. A versatile opportunity for builders, developers, or investors in a growing market. Buyers are responsible for conducting their own due diligence.
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| Sep 1, 2020 | Sold | ||
| Sold | |||
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