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Worcester 01516
249 South St
$309,000
● House - Off Market

249 South St

Douglas, MA 01516
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,847 Ft²
$468,796
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Enjoy this beautiful 3 bedroom Gambrel Cape surrounded by fieldstone walls and flat open field and several mature fruit trees. Perfect for a gentleman's farm and horses. Large corner lot 2 plus acres with privacy. Living room with a brick fireplace, hardwood floor in the dining room and tiled kitchen floor.The kitchen is open to the dining room to create a larger open yet inviting space. Between the main house and the garage is a vaulted ceiling finished family room with access to the deck and patio or the front porch.  The two car garage with upper loft offers lots of extra storage.
Unit Size
1,847 Ft²
Days on Market
-
Land Size
2.28 acres
Price per sqft
$168
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1980

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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: 6 months ago (MLSPIN #72337109)

Price History

Date / Event Date Event Price
Mar 10, 2022 Sold
Premium
Sold
Sep 12, 2018 Sold
Premium
Sold
May 31, 2018 Listed by Berkshire Hathaway HomeServices N.E. Prime Properties $309,900
Listed by Berkshire Hathaway HomeServices N.E. Prime Properties
Nov 15, 1982 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,072
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 99,273
  • Total Building Area: 1,847
  • Gross Building Area: 4,368
  • Building Area: 1,847
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,847
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002279
  • 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: 50-27O
  • Parcel: DOUG M:0271 B:0000025 L:
  • Block: 25
  • Municipality: DOUGLAS
  • Latitude: 42.0223
  • Longitude: -71.7189

    Address

  • Full Address: 249 South St
  • Address - House Number: 249
  • Address - Street Name: South
  • Address - Suffix Type: St
  • State: MA
  • City Name: Douglas
  • Carrier Code: R003
  • 4-Digit Zip Code: 2573
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $517,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 476,856
  • High Value: 565,837
  • Low Value: 387,874

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $382,500
  • Assessed Land Value: $90,800
  • Assessed Improvements Value: $291,700

    Sales

  • Current Sale Contract Date: Mar 09, 2022
  • Current Sale Recording Date: Mar 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 27010
  • Previous Sale Recording Date: Sep 12, 2018
  • Previous Sale Amount: $309,000
  • Previous Sale Document Type: O
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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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: 6 months ago
Data Source: MLS PIN, MLS# 72337109

Frequently Asked Questions

When was property at 249 South Street built and last sold?
The property at 249 South Street was built in 1980 and last sold on Mar 9, 2022 for $384,000.
How much is this home worth?
The estimated value of the home located at 249 South Street is $324,244.
What are some comparable homes to 249 South Street?
There are currently no comparable homes to 249 South Street.
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