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Worcester 01606 Indian Lake East
15 Doran Road
$305,000
● House - Off Market

15 Doran Road

Worcester, MA 01606
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,823 Ft²
$312,595
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Location on Sears Island! Galley kitchen with spacious dining area! Recent boiler and roof!  Indian Lake is a 193-acre lake that offers many family activities including two public swimming beaches, picnic and recreation areas, a public boat launch and a tennis court. You may have missed this summer but you can be ready to enjoy all the lake has to offer next year!
Unit Size
1,823 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$159
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
1940

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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 #72922031)

Price History

Date / Event Date Event Price
Jan 7, 2022 Sold
Premium
Sold
Nov 19, 2021 Listed by Lake Realty $289,000
Listed by Lake Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • 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: 5
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,425
  • Total Building Area: 1,823
  • Gross Building Area: 2,286
  • Building Area: 1,823
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,823
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730500

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 13-033-00126
  • Parcel: WORC M:13 B:033 L:00126
  • Block: 33
  • Lot: 126
  • Municipality: WORCESTER
  • Latitude: 42.2944
  • Longitude: -71.8137

    Address

  • Full Address: 15 Doran Rd
  • Address - House Number: 15
  • Address - Street Name: Doran
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C012
  • 4-Digit Zip Code: 3507
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $447,000

    Appraisal Valuation

  • Standard Deviation: 0.2007
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 411,426
  • High Value: 494,017
  • Low Value: 328,836

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,700
  • Assessed Land Value: $102,300
  • Assessed Improvements Value: $209,400

    Sales

  • Current Sale Contract Date: Jan 07, 2022
  • Current Sale Recording Date: Jan 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2819
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 Indian Lake East

Stats & Trends

Median Asking:

$479,900

Sale Price/ft²

$280

Below Asking

0.01%

Average Days on Market

66

Average Home Size

1121 ft²

Average Home Age

65.7 years

Currently For Sale

6 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 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# 72922031

Frequently Asked Questions

When was property at 15 Doran Road built and last sold?
The property at 15 Doran Road was built in 1940 and last sold on Jan 7, 2022 for $305,000.
How much is this home worth?
The estimated value of the home located at 15 Doran Road is $308,189.
What are some comparable homes to 15 Doran Road?
There are currently no comparable homes to 15 Doran Road.
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