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Worcester 01516
157 Monroe St
$280,000
● House - Off Market

157 Monroe St

Douglas, MA 01516
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,237 Ft²
$395,882
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Come check this great home set up on a hill with fields around it. It is built with 2x6 construction and it's ready to be updated. Price reflects work that needs to be done. The first thing you notice is the 10' front farmer's porch that overlooks the front yard. Then inside you will find an open floor plan and center chimney with hardwoods downstairs and wide pine floors upstairs. The main floor has a large living room, kitchen full bath and laundry area. Upstairs there are 3 bedrooms and a second bathroom. Windows have been replaced. The basement has been partially finished and over the garage there is a large room that would make great additional living space. The detached 2 car garage is oversized. Come see this one and bring your vision or great for an investor to rehab
Unit Size
2,237 Ft²
Days on Market
-
Land Size
2.08 acres
Price per sqft
$112
Property Type
House
Property Taxes
$402
HOA Dues
-
Year Built
1988

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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 #72235060)

Price History

Date / Event Date Event Price
Dec 29, 2017 Sold
Premium
Sold
Sep 27, 2017 Listed by ERA Key Realty Services $249,900
Listed by ERA Key Realty Services
Jul 18, 2001 Sold
Premium
Sold
Jun 21, 2001 Listed by ERA Key Realty Services $244,900
Listed by ERA Key Realty Services

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 90,605
  • Total Building Area: 2,237
  • Gross Building Area: 4,288
  • Building Area: 2,237
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,237
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002080
  • 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: 30-50C
  • Parcel: DOUG M:0194 B:0000007 L:
  • Block: 7
  • Municipality: DOUGLAS
  • Latitude: 42.0548
  • Longitude: -71.6945

    Address

  • Full Address: 157 Monroe St
  • Address - House Number: 157
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: MA
  • City Name: Douglas
  • Carrier Code: R005
  • 4-Digit Zip Code: 2307
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $605,800

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 506,730
  • High Value: 596,929
  • Low Value: 416,531

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $448,100
  • Assessed Land Value: $90,100
  • Assessed Improvements Value: $358,000

    Sales

  • Current Sale Recording Date: Dec 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 146231
  • Previous Sale Recording Date: Jul 18, 2001
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: 27
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

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 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# 72235060

Frequently Asked Questions

When was property at 157 Monroe Street built and last sold?
The property at 157 Monroe Street was built in 1988 and last sold on Jan 1, 1970 for $280,000.
How much is this home worth?
The estimated value of the home located at 157 Monroe Street is $278,736.
What are some comparable homes to 157 Monroe Street?
There are currently no comparable homes to 157 Monroe Street.
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