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Worcester 01516
138 Martin
$535,000
● House - Off Market

138 Martin

Douglas, MA 01516
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,020 Ft²
$3,047
Est. Monthly

About This Property

Welcome home!! Freshly painted and updated oversized Cape Cod style with 3 bedrooms 2.5 bathrooms, private backyard located on a countryside street. Sun- Filled Open floor plan, hardwood floors throughout first floor, living room, formal dining room, kitchen with center island, granite countertops, stainless appliances included, quartz bathrooms with brushed nickel finishes, spacious eating area with slider leading out to the private peaceful backyard sitting on 2-acre lot. New carpet on second floor, large spacious bedrooms including FIRST floor master bedroom option with private bathroom. Conveniently located close to town next to routes 146, 20, 395 and I-90. This move-in-ready gem won't last! Make your appointment today!
Unit Size
2,020 Ft²
Days on Market
-
Land Size
2.07 acres
Price per sqft
$262
Property Type
House
Property Taxes
$444
HOA Dues
-
Year Built
1993

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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 #73190990)

Price History

Date / Event Date Event Price
Feb 9, 2024 Sold
Premium
Sold
Jan 9, 2024 In contract -
In contract
Jan 4, 2024 Listed by Lindsey Sarah Realty Group $529,999
Listed by Lindsey Sarah Realty Group
Oct 10, 2023 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,110
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 156,816
  • Total Building Area: 1,556
  • Gross Building Area: 3,396
  • Building Area: 1,556
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,556
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003600
  • 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: 37-10
  • District: 77
  • Parcel: DOUG M:0195 B:0000017 L:
  • Block: 17
  • Municipality: DOUGLAS
  • Latitude: 42.0521
  • Longitude: -71.7032

    Address

  • Full Address: 138 Martin Rd
  • Address - House Number: 138
  • Address - Street Name: Martin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Douglas
  • Carrier Code: R002
  • 4-Digit Zip Code: 2319
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $533,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0856
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 93
  • Final Value: 548,232
  • High Value: 595,215
  • Low Value: 501,249

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $394,700
  • Assessed Land Value: $95,800
  • Assessed Improvements Value: $298,900

    Sales

  • Current Sale Contract Date: Feb 09, 2024
  • Current Sale Recording Date: Feb 09, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10248
  • Previous Sale Recording Date: Oct 10, 2023
  • Previous Sale Contract Date: Sep 25, 2023
  • Previous Sale Amount: $320,000
  • 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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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# 73190990

Frequently Asked Questions

When was property at 138 Martin Road built and last sold?
The property at 138 Martin Road was built in 1993 and last sold on Feb 9, 2024 for $535,000.
How much is this home worth?
The estimated value of the home located at 138 Martin Road is $539,352.
What are some comparable homes to 138 Martin Road?
There are currently no comparable homes to 138 Martin Road.
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