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Worcester 01604 Hamilton
763 Franklin St
$390,000
● House - Off Market

763 Franklin St

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,976 Ft²
$370,249
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

This stunning ranch has been well maintained and is in an excellent move-in condition.  It has 3 spacious bedrooms and 2 baths, office, family room and an attached one car garage.  The spacious kitchen features a granite-countertop, induction range and tile wall. The yard is private, fence-in and level with a garden area, so you can just unpack and invite your friends for a barbecue.  The home is situated on a cul-de-sac, yet it is close to many amenities and near to routes 290, 20, 9 and the Mass pike. It is in a walking distance to North High and Umass Medical School.  Easy showings.  Quick closing is possible.  Highest and best due this Friday at 11am.
Unit Size
1,976 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$177
Property Type
House
Property Taxes
$349
HOA Dues
-
Year Built
1950

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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: 6 months ago (MLSPIN #73056192)

Price History

Date / Event Date Event Price
Dec 22, 2022 Sold
Premium
Sold
Nov 13, 2022 In contract -
In contract
Nov 8, 2022 Listed by Charlton Realty $349,000
Listed by Charlton Realty
Nov 26, 2004 Sold
Premium
Sold
Aug 28, 1996 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,152
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,440
  • Total Building Area: 1,176
  • Gross Building Area: 2,733
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DL BRADT
  • Land Acres: 0000000171
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732202

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 17-008-00032
  • Parcel: WORC M:17 B:008 L:00032
  • Block: 8
  • Lot: 32
  • Municipality: WORCESTER
  • Latitude: 42.2677
  • Longitude: -71.7686

    Address

  • Full Address: 763 Franklin St
  • Address - House Number: 763
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C029
  • 4-Digit Zip Code: 1730
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $472,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 409,836
  • High Value: 486,676
  • Low Value: 332,996

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $329,600
  • Assessed Land Value: $102,300
  • Assessed Improvements Value: $227,300

    Sales

  • Current Sale Contract Date: Dec 22, 2022
  • Current Sale Recording Date: Dec 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 135050
  • Previous Sale Recording Date: Nov 26, 2004
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Hamilton

Stats & Trends

Median Asking:

$472,400

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1823 ft²

Average Home Age

67.6 years

Currently For Sale

8 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: 6 months ago
Data Source: MLS PIN, MLS# 73056192

Frequently Asked Questions

When was property at 763 Franklin Street built and last sold?
The property at 763 Franklin Street was built in 1950 and last sold on Dec 22, 2022 for $390,000.
How much is this home worth?
The estimated value of the home located at 763 Franklin Street is $373,414.
What are some comparable homes to 763 Franklin Street?
There are currently no comparable homes to 763 Franklin Street.
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