For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Worcester 01516
228 Wallum Lake Rd
Photo of 228 Wallum Lake Rd
Sold on Sep 30, 2009

1

Map

$315,000
● House - Off Market

228 Wallum Lake Rd

Douglas, MA 01516
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,728 Ft²
$700,252
RealtyHop Estimate
109.09%
Since Oct 1, 2009
National-US
Primary Model

About This Property

Well maintained home directly across the road from the Douglas State Forest with riding.hiking/jogging trails.  6 acres with horse barn and 2 stalls, a tack room, hay loft, an 8 foot overhang and fenced riding paddock.  Very close to Wallum Lake and beach.  10x12 deck and fireplace, 4 bedrooms and 2.5 baths. Appliances included with the exception of the W/D.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
6.08 acres
Price per sqft
$194
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #70944812)

Price History

Date / Event Date Event Price
Oct 2, 2009 Sold
Premium
Sold
Jul 9, 2009 Listed $334,900
Listed
Jun 24, 1999 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 265,280
  • Total Building Area: 1,728
  • Gross Building Area: 2,921
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000006090
  • 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: 54-375-2
  • Parcel: DOUG M:0284 B:0000002 L:
  • Block: 2
  • Municipality: DOUGLAS
  • Latitude: 42.0181
  • Longitude: -71.7596

    Address

  • Full Address: 228 Wallum Lake Rd
  • Address - House Number: 228
  • Address - Street Name: Wallum Lake
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Douglas
  • Carrier Code: R003
  • 4-Digit Zip Code: 2601
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $629,400

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 561,349
  • High Value: 647,431
  • Low Value: 475,266

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $465,500
  • Assessed Land Value: $105,300
  • Assessed Improvements Value: $360,200

    Sales

  • Current Sale Recording Date: Oct 02, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00116984
  • Previous Sale Recording Date: Jun 24, 1999
  • Previous Sale Amount: $183,300
  • 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

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70944812

Frequently Asked Questions

When was property at 228 Wallum Lake Road built and last sold?
The property at 228 Wallum Lake Road was built in 1999 and last sold on Jan 1, 1970 for $315,000.
How much is this home worth?
The estimated value of the home located at 228 Wallum Lake Road is $342,719.
What are some comparable homes to 228 Wallum Lake Road?
There are currently no comparable homes to 228 Wallum Lake Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Douglas Homes for Sale
Douglas Houses for Sale
Douglas Condos for Sale
Douglas Multifamily for Sale
Douglas Land for Sale
Douglas Commercial for Sale
Douglas Homes with Basements
Douglas Homes with Pools
Nearby Cities
Webster Homes for Sale
Whitinsville Homes for Sale
Oxford Homes for Sale
Hopedale Homes for Sale
Upton Homes for Sale
East Douglas Homes for Sale
Putnam Homes for Sale
Pascoag Homes for Sale
Nearby Property Records
Providence County, RI Property Records
Windham County, CT Property Records
Worcester County, MA Property Records
Kent County, RI Property Records
Bristol County, RI Property Records
Norfolk County, MA Property Records
Tolland County, CT Property Records
Bristol County, MA Property Records
Nearby Counties
Webster Homes for Sale
Uxbridge Homes for Sale
Northbridge Homes for Sale
Oxford Homes for Sale
Charlton Homes for Sale
Dudley Homes for Sale
Sutton Homes for Sale
Upton Homes for Sale
Top Real Estate Agents
Top Agents in Douglas
Top Agents in 01757
Top Agents in Webster
Top Agents in 01570
Top Agents in Uxbridge
Top Agents in Northbridge
Top Agents in Oxford
Top Agents in Charlton