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Worcester 01516
26 Reid Rd
$152,500
● House - Off Market

26 Reid Rd

Douglas, MA 01516
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$266,065
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

OPEN HOUSE - Sunday 11:00-12:00 - Why rent when you can own this adorable 2 Bedroom ranch with open concept Kitchen/Dining Room/Living Room with vaulted ceilings! This well maintained home offers a newer roof, propane forced hot air heating system, central air conditioning, and newly remodeled bath which includes a double vanity, tiled floor & tiled shower surround. Located just a short distance from picturesque Wallum Lake, (Private association beach with membership of $100/year)! Perfect summer cottage or year round home. This home is a must see & WILL NOT LAST AT THIS PRICE
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$125
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1960

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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 #71918931)

Price History

Date / Event Date Event Price
Dec 10, 2015 Sold
Premium
Sold
Oct 14, 2015 Listed by EXIT Realty Partners $149,900
Listed by EXIT Realty Partners
Dec 7, 1993 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 26
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,200
  • Gross Building Area: 1,632
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 18
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALLUM LAKE TERRACE 02
  • Land Acres: 0000000230
  • 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: 54-241
  • Parcel: DOUG M:0284 B:0000189 L:
  • Block: 189
  • Municipality: DOUGLAS
  • Latitude: 42.0157
  • Longitude: -71.761

    Address

  • Full Address: 26 Reid Rd
  • Address - House Number: 26
  • Address - Street Name: Reid
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Douglas
  • Carrier Code: R003
  • 4-Digit Zip Code: 2610
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $345,200

    Appraisal Valuation

  • Standard Deviation: 0.1996
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 311,462
  • High Value: 373,641
  • Low Value: 249,284

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $255,300
  • Assessed Land Value: $68,600
  • Assessed Improvements Value: $186,700

    Sales

  • Current Sale Recording Date: Dec 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 130626
  • Previous Sale Recording Date: Dec 07, 1993
  • Previous Sale Amount: $78,000
  • 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

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 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# 71918931

Frequently Asked Questions

When was property at 26 Reid Road built and last sold?
The property at 26 Reid Road was built in 1960 and last sold on Jan 1, 1970 for $152,000.
How much is this home worth?
The estimated value of the home located at 26 Reid Road is $162,258.
What are some comparable homes to 26 Reid Road?
There are currently no comparable homes to 26 Reid Road.
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