What is the rental yield in Massachusetts Avenue Historic District?

The gross yield in Massachusetts Avenue Historic District is 5.5. That sits alongside prices about 7% above the city median and 25% below the state median, plus a 9.7% decline over the past year. The Red Flag score is 57, walkability is 91, and education is in the 41st percentile.

How does Massachusetts Avenue Historic District compare to Worcester and Massachusetts?

Massachusetts Avenue Historic District is priced about 7% above Worcester and 25% below Massachusetts. It has a gross yield of 5.5 and prices down 9.7% over the past year. The Red Flag score is 57, walkability is 91, and education is in the 41st percentile.

What are the main market signals in Massachusetts Avenue Historic District?

The main signals are a gross yield of 5.5, prices about 7% above the city median, and a 9.7% decline over the past year. The neighborhood also has a Red Flag score of 57, walkability of 91, and education in the 41st percentile.

Neighborhood

Massachusetts Avenue Historic District

Worcester, Massachusetts US

Massachusetts Avenue Historic District in Worcester, Massachusetts offers a mixed investment profile, with a gross yield of 5.5 and prices about 7% above the city median but 25% below the state median. Prices have moved down 9.7% over the past year, while the neighborhood posts a Red Flag score of 57, walkability of 91, and education in the 41st percentile. One strength is the high walkability; one risk is the moderate Red Flag score.

AI Summary•Updated May 2026

Area

10.35 mi²

ZIP Code

01606

County

Worcester County

State

Massachusetts

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesEPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$484,856

YoY-9.7%

Gross Rental Yield

5.5%

Listed rent · ZORI annualized

Red Flag Index

Moderate

57 / 100

Walkability Score

Walker's Paradise

OpenStreetMap POI density · national percentile

Education Score

41 / 100

Fair · better than 41% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Fair

DistrictScore attractiveness · national model

Massachusetts Avenue Historic District Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Massachusetts Avenue Historic District, Worcester.

Unlock the Massachusetts Avenue Historic District 12-month price trend

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$484,856	-9.7%
Price / Sq Ft (Verified)	$288/sqft	+0.5%
Asking Rent (Median)	$2,214/mo	-0.4%
Gross Rental Yield	5.5%	—
Liquidity Score	22 / 100	Low
Homes Sold (Period)	48	-17.2%

Is Massachusetts Avenue Historic District Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Massachusetts crime context.

Red Flag Breakdown

57 / 100

Moderate Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Hurricane100Very High

Strong Wind80Very High

Earthquake60High

Hail60High

Flood40Moderate

Wildfire40Moderate

Tornado40Moderate

Heat40Moderate

8/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Massachusetts averaged 14.3 crimes and 3.1 violent per 1,000 residents (+0.1% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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See all eight FEMA hazard scores — free with a DistrictScore account.

What Stands Out AI Insight

Above-average gross rental yield at 5.5%

Highly walkable neighborhood — score 91/100

Active transaction volume — 48 homes sold last period

Dense amenities — 45 dining & 17 grocery options nearby

Hurricane risk is Very High (100/100)

Strong Wind risk is Very High (80/100)

Insights are generated from Massachusetts Avenue Historic District's live DistrictScore metrics.

Massachusetts Avenue Historic District Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Massachusetts-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Massachusetts Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	14.3	3.1	+0.1%
2023	14.4	3.2	+4.2%
2022	14.0	3.2	+7.4%
2021	13.0	3.0	-3.1%
2020	13.6	3.1	-9.8%
2019	15.1	3.3	—

Reported at the state level — the finest official US crime aggregation; Massachusetts Avenue Historic District inherits the Massachusetts figures.

Radon Potential

EPA

Zone 1

Zone 1 — Highest potential · Massachusetts Avenue Historic District

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Industrial odor6 nearbyVery High

Point-source screening near Massachusetts Avenue Historic District: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in Massachusetts Avenue Historic District

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

91

Walker's Paradise

Walkability Score

17

Grocery

45

Dining

39

Schools

10

Universities

13

Hospitals

5

Pharmacies

28

Parks

0

Rail Transit

0

Coworking

POI counts are amenities within Massachusetts Avenue Historic District's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Massachusetts Avenue Historic District vs Worcester vs Massachusetts

How Massachusetts Avenue Historic District benchmarks against its city and state medians.

Benchmark vs City & State

In Massachusetts Avenue Historic District, the median sale price sits about 7% above the median for Worcester neighborhoods and about 23% below the statewide median. Gross rental yield is 5.5%, against 5.9% for Worcester neighborhoods and 4.8% statewide. Over the past 12 months, prices fell 9.7%. Transaction liquidity sits above the median for Worcester neighborhoods and above the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Massachusetts Avenue Historic District	$288/sqft	5.5%	22
Worcester	$268/sqft	5.9%	20
Massachusetts	$372/sqft	4.8%	20

Unlock the Massachusetts Avenue Historic District benchmark

Compare Massachusetts Avenue Historic District against Worcester and Massachusetts medians — free with a DistrictScore account.

Buying Property in the US as a Foreigner

Federal & Massachusetts tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.95% average effective rate (statewide average; set and collected locally).

State Income Tax

State income tax up to 5% (+4% surtax over $1M); rental income is taxed at these rates.

State Capital Gains

Capital gains are taxed as ordinary income at state rates.

Transfer Tax

Real estate transfer tax: $4.56 per $1,000.

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents7

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

1031 State Conformity

Conforms to 1031 but tracks deferred in-state gain after an out-of-state exchange.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Massachusetts property-tax guidance for foreign buyers

Latest Worcester Real-Estate News

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Guaranteed Rate • Jun 18, 2026

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Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Massachusetts Avenue Historic District Real Estate FAQ

Massachusetts Avenue Historic District in Worcester, Massachusetts shows a mixed profile. Gross yield is 5.5, prices are about 7% above the city median and 25% below the state median, and prices have moved down 9.7% over the past year. The Red Flag score is 57, with walkability of 91 and education in the 41st percentile.

Neighborhoods near Massachusetts Avenue Historic District

Compare Massachusetts Avenue Historic District with nearby neighborhoods in Worcester.

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