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Worcester 01604 Hamilton
817 Franklin St
$510,000
● House - Off Market

817 Franklin St

Worcester, MA 01604
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,580 Ft²
$493,698
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Nice Location This well  maintain Raise Ranch Offers 8 Rooms 5 Bedrooms With Open Floor Plan with Large Kitchen /Dining room Combo, Spacious Living Room. Gas Heat ,Central Air, All Stainless Steel Appliances, Deck off Dining Room ,Master Bedroom With Walk-in Closet, With 2 Additional bedrooms on Fist Floor. Full Finished Basement Has Large Family Room Great for Entertaining , Playroom/ Office ECT And 2 Additional Good Size Bedrooms, Full Bath, Laundry Room With Additional Space, Utility Room with Walk out to Back Yard. Minutes To U Mass Medical and Close to All Major Rts. First Showing is Sunday 3/26/23 From 12 to 2 Pm By Appointment Only  See Showing Instructions
Unit Size
2,580 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$190
Property Type
House
Property Taxes
$538
HOA Dues
-
Year Built
1999

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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: 4 months ago (MLSPIN #73091057)

Price History

Date / Event Date Event Price
May 26, 2023 Sold
Premium
Sold
Mar 29, 2023 In contract -
In contract
Mar 24, 2023 Listed by George Russell Realty, LLC $489,900
Listed by George Russell Realty, LLC
Apr 23, 1999 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 19
  • 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: 1,248
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,078
  • Total Building Area: 1,332
  • Gross Building Area: 2,975
  • Building Area: 1,332
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,332
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000185
  • 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: 17-005-0002C
  • Parcel: WORC M:17 B:005 L:0002C
  • Block: 5
  • Lot: 2C
  • Municipality: WORCESTER
  • Latitude: 42.2677
  • Longitude: -71.7654

    Address

  • Full Address: 817 Franklin St
  • Address - House Number: 817
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C029
  • 4-Digit Zip Code: 1732
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $645,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 507,784
  • High Value: 598,769
  • Low Value: 416,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $450,300
  • Assessed Land Value: $102,600
  • Assessed Improvements Value: $347,700

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: May 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40999
  • Previous Sale Recording Date: Apr 23, 1999
  • Previous Sale Amount: $127,800
  • 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 Hamilton

Stats & Trends

Median Asking:

$495,000

Sale Price/ft²

$279

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1828 ft²

Average Home Age

59.4 years

Currently For Sale

9 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: 4 months ago
Data Source: MLS PIN, MLS# 73091057

Frequently Asked Questions

When was property at 817 Franklin Street built and last sold?
The property at 817 Franklin Street was built in 1999 and last sold on May 26, 2023 for $510,000.
How much is this home worth?
The estimated value of the home located at 817 Franklin Street is $496,837.
What are some comparable homes to 817 Franklin Street?
There are currently no comparable homes to 817 Franklin Street.
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