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Worcester 01604 Franklin Plantation
8 Solferino St
$360,000
● House - Off Market

8 Solferino St

Worcester, MA 01604
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,149 Ft²
$307,274
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Buyer got cold feet....Welcome home to 8 Solferino St!  SO many updates, this home is a must see!  2 beds, 1 bath , above grade lower level with new flooring & exterior access.  3rd room on main floor can be used as a home office, bedroom (no closet) or flex space.  Yard is fully fenced in with room for a garden & includes a pear and almond tree along with a 12X16 shed.  Updates include: new kitchen, flooring, appliances, countertops and cabinets!  New electrical system, plumbing, water heater, deck and railing and all new windows!  All hardwoods have been refinished, entire home inside and out has been painted!  All updates have permits with the city. Close proximity to UMASS, major highways, restaurants and more.   All you need to do is move in!  Showings start immediately.
Unit Size
1,149 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$265
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
1951

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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 #72966505)

Price History

Date / Event Date Event Price
May 31, 2022 Sold
Premium
Sold
Apr 13, 2022 Listed by Castinetti Realty Group $304,900
Listed by Castinetti Realty Group
Apr 3, 2017 Sold
Premium
Sold
Oct 7, 2016 Listed by Castinetti Realty Group $149,900
Listed by Castinetti Realty Group

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 3
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,101
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,955
  • Total Building Area: 1,149
  • Gross Building Area: 3,575
  • Building Area: 1,149
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,149
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000206
  • 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: 17-007-00019
  • Parcel: WORC M:17 B:007 L:00019
  • Block: 7
  • Lot: 19
  • Municipality: WORCESTER
  • Latitude: 42.2701
  • Longitude: -71.7701

    Address

  • Full Address: 8 Solferino St
  • Address - House Number: 8
  • Address - Street Name: Solferino
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C029
  • 4-Digit Zip Code: 1722
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $455,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1965
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 390,419
  • High Value: 467,165
  • Low Value: 313,672

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,500
  • Assessed Land Value: $102,900
  • Assessed Improvements Value: $214,600

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 58989
  • Previous Sale Recording Date: Apr 03, 2017
  • Previous Sale Amount: $122,500
  • 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:

$514,450

Sale Price/ft²

$250

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2059 ft²

Average Home Age

134.6 years

Currently For Sale

5 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# 72966505

Frequently Asked Questions

When was property at 8 Solferino Street built and last sold?
The property at 8 Solferino Street was built in 1951 and last sold on May 31, 2022 for $360,000.
How much is this home worth?
The estimated value of the home located at 8 Solferino Street is $306,187.
What are some comparable homes to 8 Solferino Street?
There are currently no comparable homes to 8 Solferino Street.
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