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Worcester 01570
0 Douglas Road "route 16"
$190,000
● Land - Off Market

0 Douglas Road "route 16"

Webster, MA 01570
bedrooms
Studio
bathrooms
0 Bath
$234,009
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

A Rare Opportunity!  Approximately 26 Acres, mostly wooded, with a partial view of Webster Lake from the very top, known as SUGARLOAF HILL!   Approximately 900 ft road frontage on Route 16, (Douglas Road) in Webster.  Build a private home, off the beaten path, surrounded by woods, nature & wildlife or build multiple homes.  If you're a LAND LOVER, leave it be and simply enjoy the outdoors!  This land abuts approximately 720 acres owned by the Dept. of Fisheries & Wildlife.
Unit Size
-
Days on Market
-
Land Size
26.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$155
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 #72817657)

Price History

Date / Event Date Event Price
Jun 15, 2021 Sold
Premium
Sold
Apr 20, 2021 Listed by Hope Real Estate Group, Inc. $200,000
Listed by Hope Real Estate Group, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 1,144
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 86,684
  • Total Building Area: 1,835
  • Gross Building Area: 3,595
  • Building Area: 1,835
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,835
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001990
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Webster School District
  • School Tax School District: WEBSTER SD
  • Census Tract: 754100

Zoning

  • Zoning: SFR-43

Geography

  • Account Number: 5642
  • Parcel: WEBS M:61 B:C P:7
  • Block: C
  • Municipality: WEBSTER
  • Latitude: 42.0539
  • Longitude: -71.8331

    Address

  • Full Address: 16 Douglas Rd
  • Address - House Number: 16
  • Address - Street Name: Douglas
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Webster
  • Carrier Code: R006
  • 4-Digit Zip Code: 3200
  • Zip Code: 01570

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $466,000

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 84
  • Final Value: 447,084
  • High Value: 506,324
  • Low Value: 387,843

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $382,600
  • Assessed Land Value: $80,900
  • Assessed Improvements Value: $301,700
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72817657

Frequently Asked Questions

When was property at 16 Douglas Road built and last sold?
The property at 16 Douglas Road was built in 1988 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 16 Douglas Road is $202,000.
What are some comparable homes to 16 Douglas Road?
There are currently no comparable homes to 16 Douglas Road.
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