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Worcester 01516
106 Monroe St
$200,000
● House - Off Market

106 Monroe St

Douglas, MA 01516
bedrooms
3 Beds
bathrooms
1 Bath
square feet
950 Ft²
$226,752
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

OFFER DEADLINE 4/12/2022 @ 3:00 P.M. A great starter home that is ready for you to put some sweat equity into and not have a huge mortgage payment!  Conventional Financing or perfect for FHA Rehab Financing. The home offers a newer furnace (5 years old)  and vinyl siding (5 years old), walk-out basement  and is set on a 1+ acre of land on a scenic street in Douglas.  The Trunkline for outdoor activities is nearby.  Home is within minutes of Route 146.  Make your appointment to see the home and make your plans to bring this home back to life!  The sale of this home is "AS-IS, WHERE-IS".  Buyers to perform all due diligence and verifications. Home May not qualify for FHA financing as the back door does not have stairs or decking. Title V has passed.  OFFERS WILL BE PRESENTED AS THEY ARE RECEIVED.
Unit Size
950 Ft²
Days on Market
-
Land Size
1.08 acres
Price per sqft
$237
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1975

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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 #72964157)

Price History

Date / Event Date Event Price
Aug 1, 2022 Sold
Premium
Sold
May 12, 2022 Sold
Premium
Sold
Apr 7, 2022 Listed by Coldwell Banker Realty - Franklin $225,000
Listed by Coldwell Banker Realty - Franklin
Apr 29, 1975 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 7
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,045
  • Total Building Area: 950
  • Gross Building Area: 1,728
  • Building Area: 950
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 950
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001080
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Douglas School District
  • School Tax School District: DOUGLAS SD
  • Census Tract: 752101

Zoning

  • Zoning: IND

Geography

  • Account Number: 30-33
  • Parcel: DOUG M:0191 B:0000015 L:
  • Block: 15
  • Municipality: DOUGLAS
  • Latitude: 42.0618
  • Longitude: -71.6948

    Address

  • Full Address: 106 Monroe St
  • Address - House Number: 106
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: MA
  • City Name: Douglas
  • Carrier Code: R005
  • 4-Digit Zip Code: 2303
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $366,100

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 347,863
  • High Value: 409,784
  • Low Value: 285,943

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $270,800
  • Assessed Land Value: $83,600
  • Assessed Improvements Value: $187,200

    Sales

  • Current Sale Contract Date: Aug 01, 2022
  • Current Sale Recording Date: Aug 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 84542
  • Previous Sale Recording Date: May 12, 2022
  • Previous Sale Contract Date: May 12, 2022
  • Previous Sale Amount: $200,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72964157

Frequently Asked Questions

When was property at 106 Monroe Street built and last sold?
The property at 106 Monroe Street was built in 1975 and last sold on Aug 1, 2022 for $327,500.
How much is this home worth?
The estimated value of the home located at 106 Monroe Street is $227,986.
What are some comparable homes to 106 Monroe Street?
There are currently no comparable homes to 106 Monroe Street.
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