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Worcester 01604 Franklin Plantation
9 Ridge Street
$350,000
● House - Off Market

9 Ridge Street

Worcester, MA 01604
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,700 Ft²
$459,843
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

NEW Construction - Now is the time to pick out granite, floors, hardwood, paint, etc and make it your own! Single Family-Attached home with Zero Lot Line & NO CONDO FEES. 3 Bedrooms, 2.5 Bathrooms. Your new home offers approximately 1,700 SF of Living Space, Open Floor Plan w/ Hardwood Floor throughout the 1st Floor. Kitchen is equipped with New Appliances, Granite Counter Top, entry to access to the deck. Second floor offers 3 bedrooms, 2 baths, washer/dryer hookups, and a beautiful view of the City from the Master Bedroom. 2 Car Tandem Garage. Great location near Mass Pike, 290 and RT 20, UMASS, Union Station, Shrewsbury Street Restaurants and shopping. Forced Hot Air/Central AC, Gas, Tankless Hot Water, City Town Water/Sewer. Everything will be BRAND NEW & Move-In Ready.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$206
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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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 #72695269)

Price History

Date / Event Date Event Price
Dec 11, 2020 Sold
Premium
Sold
Jul 21, 2020 Listed by Excelsior Realty $350,000
Listed by Excelsior Realty
Oct 5, 2017 Sold
Premium
Sold
May 26, 2017 Listed by Excelsior Realty $375,000
Listed by Excelsior Realty

Property Highlights

Garage
Parking Available
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,128
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,188
  • Total Building Area: 1,756
  • Gross Building Area: 2,716
  • Building Area: 1,756
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,756
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000073
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732203

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 4-008-00001
  • Parcel: WORC M:04 B:008 L:00001
  • Block: 8
  • Lot: 1
  • Municipality: WORCESTER
  • Latitude: 42.2594
  • Longitude: -71.7831

    Address

  • Full Address: 9 Ridge St
  • Address - House Number: 9
  • Address - Street Name: Ridge
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C020
  • 4-Digit Zip Code: 2931
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $567,700

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 476,776
  • High Value: 558,777
  • Low Value: 394,775

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $395,900
  • Assessed Land Value: $62,900
  • Assessed Improvements Value: $333,000

    Sales

  • Current Sale Contract Date: Dec 09, 2020
  • Current Sale Recording Date: Dec 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 154196
  • Previous Sale Recording Date: Oct 05, 2017
  • Previous Sale Amount: $312,500
  • 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:

$549,000

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2081 ft²

Average Home Age

121.1 years

Currently For Sale

10 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# 72695269

Frequently Asked Questions

When was property at 9 Ridge Street built and last sold?
The property at 9 Ridge Street was built in 2020 and last sold on Dec 9, 2020 for $350,000.
How much is this home worth?
The estimated value of the home located at 9 Ridge Street is $360,655.
What are some comparable homes to 9 Ridge Street?
There are currently no comparable homes to 9 Ridge Street.
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