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Worcester 01516
114 Martin Road
$267,300
● House - Off Market

114 Martin Road

Douglas, MA 01516
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,014 Ft²
$408,366
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

All offers need to be submitted by Wed. 5/30 at noon. This is your opportunity to own over 6 acres of land with a home that offers three good size bedrooms; hardwood floors throughout the first floor; newly updated bathrooms, new vinyl siding and one car detached garage with a separate work shop. Den /office on the first floor. Working fireplace in living room. The covered porch is perfect for having your morning coffee or relaxing at the end of the day. New septic system in 2012. New windows with warranty. All this on a quiet road.  Come home and make this the place your own!!
Unit Size
1,014 Ft²
Days on Market
-
Land Size
6.98 acres
Price per sqft
$266
Property Type
House
Property Taxes
$268
HOA Dues
-
Year Built
1958

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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 #72333730)

Price History

Date / Event Date Event Price
Jul 9, 2018 Sold
Premium
Sold
May 25, 2018 Listed by ERA Key Realty Services $269,900
Listed by ERA Key Realty Services
Jul 2, 2013 Sold
Premium
Sold
May 8, 2013 Listed by ERA Key Realty Services $169,000
Listed by ERA Key Realty Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 7
  • Basement Area: 676
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 304,049
  • Total Building Area: 1,014
  • Gross Building Area: 2,146
  • Building Area: 1,014
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,014
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000006980
  • 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: RA

Geography

  • Account Number: 30-40
  • Parcel: DOUG M:0195 B:0000013 L:
  • Block: 13
  • Municipality: DOUGLAS
  • Latitude: 42.0556
  • Longitude: -71.7035

    Address

  • Full Address: 114 Martin Rd
  • Address - House Number: 114
  • Address - Street Name: Martin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Douglas
  • Carrier Code: R002
  • 4-Digit Zip Code: 2318
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $434,100
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 405,941
  • High Value: 478,200
  • Low Value: 333,682

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $321,100
  • Assessed Land Value: $108,700
  • Assessed Improvements Value: $212,400

    Sales

  • Current Sale Recording Date: Jul 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 69075
  • Previous Sale Recording Date: Jul 02, 2013
  • Previous Sale Amount: $170,000
  • 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

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72333730

Frequently Asked Questions

When was property at 114 Martin Road built and last sold?
The property at 114 Martin Road was built in 1958 and last sold on Jan 1, 1970 for $267,300.
How much is this home worth?
The estimated value of the home located at 114 Martin Road is $269,824.
What are some comparable homes to 114 Martin Road?
There are currently no comparable homes to 114 Martin Road.
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