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Worcester 01604 Grafton Hill
Lot 7 Ockway Street
$90,000
● Land - Off Market

Lot 7 Ockway Street

Worcester, MA 01604
bedrooms
Studio
bathrooms
0 Bath
$151,645
RealtyHop Estimate
68.49%
Since May 1, 2006
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1908

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 4 months ago (MLSPIN #70296895)

Price History

Date / Event Date Event Price
Apr 13, 2006 Sold
Premium
Sold
Nov 21, 2005 Listed by Champion Real Estate $90,000
Listed by Champion Real Estate
Feb 28, 2003 Sold
Premium
Sold
Jan 18, 2003 Listed by RE/MAX Advantage 1 $179,900
Listed by RE/MAX Advantage 1
Nov 12, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • 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: 768
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,998
  • Total Building Area: 1,200
  • Gross Building Area: 2,233
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WORCESTER
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732301

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 38-033-58-62
  • Parcel: WORC M:38 B:033 L:58-62
  • Block: 33
  • Lot: 58-62
  • Municipality: WORCESTER
  • Latitude: 42.2437
  • Longitude: -71.7523

    Address

  • Full Address: 7 Ockway St
  • Address - House Number: 7
  • Address - Street Name: Ockway
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C001
  • 4-Digit Zip Code: 2011
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $390,600

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 349,528
  • High Value: 422,066
  • Low Value: 276,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $272,400
  • Assessed Land Value: $102,500
  • Assessed Improvements Value: $169,900

    Sales

  • Current Sale Recording Date: Feb 28, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 12, 1999
  • Previous Sale Amount: $114,900
  • 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 Grafton Hill

Stats & Trends

Median Asking:

$449,950

Sale Price/ft²

$277

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1747 ft²

Average Home Age

69.3 years

Currently For Sale

22 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70296895

Frequently Asked Questions

When was property at 7 Ockway Street built and last sold?
The property at 7 Ockway Street was built in 1908 and last sold on Jan 1, 1970 for $179,900.
How much is this home worth?
The estimated value of the home located at 7 Ockway Street is $90,900.
What are some comparable homes to 7 Ockway Street?
There are currently no comparable homes to 7 Ockway Street.
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