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Worcester 01516
16 Wallum Lake Rd
Photo of 16 Wallum Lake Rd

29

Map

Photo of 16 Wallum Lake Rd
Photo of 16 Wallum Lake Rd
$499,000
↓ $26K (5%)
● House - For Sale

16 Wallum Lake Rd

Douglas, MA 01516
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,952 Ft²
$2,848
Est. Monthly

About This Property

One owner raised ranch on a private 2 acre lot in Douglas across from Douglas State Park.  Nice size living room with propane fireplace, eat in kitchen with slider to the deck overlooking a nice size yard.  Updated bathroom with a walk in shower. Three good size bedrooms. Walk out Basement offers a work shop and an extra bedroom.  Newer roof and windows. Great location.
Unit Size
1,952 Ft²
Days on Market
-
Land Size
2.07 acres
Price per sqft
$256
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1979

Listed By

Maureen Army
Coldwell Banker Realty - Worcester

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 10 days ago (MLSPIN #73570536)

Price History

Date / Event Date Event Price
Sep 23, 2026 Price Decreased $499,000
↓ $26K (5%)
Price Decreased
Sep 1, 2026 Listed by Coldwell Banker Realty - Worcester $525,000
Listed by Coldwell Banker Realty - Worcester

Property Highlights

Parking Available
Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Paved, Off Street, Paved
Open Parking Spaces: 6
Interior Details
Full Bathrooms: 1
Appliances: Electric Water Heater, Range, Dishwasher, Microwave, Refrigerator, Dryer
Flooring Type: Wood, Carpet, Laminate
Door Features: Insulated Doors
Laundry Features: In Basement, Electric Dryer Hookup
Rooms: 7
Has Fireplace
Fireplace Features: Family Room, Living Room
Fireplaces: 2
Basement: Full, Partially Finished, Walk-Out Access, Concrete
Exterior Details
Square Footage: 1952
Architectural Style: Raised Ranch, Split Entry
Year Built Source: Public Records
Year Built: 1979
Building Area Total: 1952
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Deck - Wood
Lot Features: Wooded, Level
Lot Size Area: 2.07
Lot Size Units: Acres
Lot Size Acres: 2.07
Lot Size Square Feet: 90256
Water Source: Private
Financial Details
Tax Assessed Value: $395,300
Tax Annual Amount: $4,771
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Electric, Propane, Leased Propane Tank
Sewer : Private Sewer

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,125
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 90,256
  • Total Building Area: 1,952
  • Gross Building Area: 2,529
  • Building Area: 1,952
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,952
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002072
  • 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: 752102

Zoning

  • Zoning: RA

Geography

  • Account Number: 34-5F
  • Parcel: DOUG M:0226 B:0000005 L:
  • Block: 5
  • Municipality: DOUGLAS
  • Latitude: 42.0439
  • Longitude: -71.7612

    Address

  • Full Address: 16 Wallum Lake Rd
  • Address - House Number: 16
  • Address - Street Name: Wallum Lake
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Douglas
  • Carrier Code: R003
  • 4-Digit Zip Code: 2515
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $462,200

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 84
  • Final Value: 419,522
  • High Value: 475,111
  • Low Value: 363,934

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $341,900
  • Assessed Land Value: $90,100
  • Assessed Improvements Value: $251,800
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

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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

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Last Updated: 10 days ago
Data Source: MLS PIN, MLS# 73570536

Frequently Asked Questions

When was property at 16 Wallum Lake Road built and last sold?
The property at 16 Wallum Lake Road was built in 1979 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 16 Wallum Lake Road is $507,421.
What are some comparable homes to 16 Wallum Lake Road?
There are currently no comparable homes to 16 Wallum Lake Road.
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