16 Douglas Road
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Listed by Cameron Real Estate Group | $329,000 | |
| Listed by Cameron Real Estate Group | |||
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Nestled at 16 Douglas Rd, Gardner, MA, this single-family residence offers an inviting home, ready to move in and begin creating memories. The residence, built in 1920, presents a blend of classic charm and modern updates. The kitchen is truly a focal point, designed for both culinary creativity and social gatherings, featuring stone countertops that provide ample workspace and a touch of elegance. Shaker cabinets offer abundant storage, while the backsplash adds a stylish accent. The large kitchen island anchors the space, complemented by a kitchen bar and kitchen peninsula, perfect for casual dining or entertaining guests. A wood wall introduces warmth and character, while the wall chimney range hood ensures a pleasant cooking experience. The bathroom offers a spa-like retreat, featuring a tiled walk-in shower that promises a refreshing start to each day. Offers due Monday September 8th at noon.
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| May 31, 2017 | Sold | ||
| Sold | |||
| Jul 12, 2016 | Listed by Foster-Healey Real Estate | $165,000 | |
| Listed by Foster-Healey Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017