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Worcester 01516
190 Wallum Lake Rd
$252,000
● House - Off Market

190 Wallum Lake Rd

Douglas, MA 01516
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,081 Ft²
$401,201
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Welcome home! 3 or 4 bedroom Split in Beautiful Douglas State Forest! Surrounded by nature and perfect for the outdoor enthusiast! Enjoy accessing Wallum Lake/Douglas State Park from a walking trail across the street! Updated boiler with Well Mclean Gold super store tank.  Transfer switch for generator hookup on electrical, whole house timer for lights, welding receptical with disconnect switch, air compressor switch, beautiful hardwoods in LR and hallway, decorative lighting, large outdoor storage shed....must see to appreciate the peace and beauty of this location!  There is a lot of living space here for a growing family!
Unit Size
2,081 Ft²
Days on Market
-
Land Size
2.11 acres
Price per sqft
$120
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1996

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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 #72089564)

Price History

Date / Event Date Event Price
Jun 22, 2017 Sold
Premium
Sold
Nov 2, 2016 Listed by ERA Key Realty Services $249,900
Listed by ERA Key Realty Services
Aug 8, 1996 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,248
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 91,999
  • Total Building Area: 2,081
  • Gross Building Area: 2,868
  • Building Area: 2,081
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,081
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002112
  • 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: 48-10C
  • Parcel: DOUG M:0275 B:0000003 L:
  • Block: 3
  • Municipality: DOUGLAS
  • Latitude: 42.0233
  • Longitude: -71.7622

    Address

  • Full Address: 190 Wallum Lake Rd
  • Address - House Number: 190
  • Address - Street Name: Wallum Lake
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Douglas
  • Carrier Code: R003
  • 4-Digit Zip Code: 2516
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $615,200

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 502,481
  • High Value: 591,924
  • Low Value: 413,038

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $455,000
  • Assessed Land Value: $90,200
  • Assessed Improvements Value: $364,800

    Sales

  • Current Sale Recording Date: Jun 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 64793
  • Previous Sale Recording Date: Aug 08, 1996
  • Previous Sale Amount: $131,000
  • Previous Sale Document Type: 34
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# 72089564

Frequently Asked Questions

When was property at 190 Wallum Lake Road built and last sold?
The property at 190 Wallum Lake Road was built in 1996 and last sold on Jan 1, 1970 for $252,000.
How much is this home worth?
The estimated value of the home located at 190 Wallum Lake Road is $270,680.
What are some comparable homes to 190 Wallum Lake Road?
There are currently no comparable homes to 190 Wallum Lake Road.
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