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Worcester 01516
Lot 3 Hemlock Street
$100,000
● Land - Off Market

Lot 3 Hemlock Street

Douglas, MA 01516
bedrooms
Studio
bathrooms
0 Bath
$130,565
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

This is your opportunity! Great  6.27 acre lot available ,private Country setting, build your dream home. One of five lots on a paved  common road / driveway. Two beautiful Colonials have already been built, and only 2 lots remaining. Very quiet area. Good level building site. Located off of Hemlock on a paved 20' & private road/driveway. Driveway is completed to base coat and electric is under ground from pole, already under roadway ,to building site. Owner Financing possibilities  Owners are Brokers
Unit Size
-
Days on Market
-
Land Size
6.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
$135
HOA Dues
-
Year Built
1984

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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 #72723895)

Price History

Date / Event Date Event Price
Mar 1, 2021 Sold
Premium
Sold
Sep 10, 2020 Listed by Country Living Realty $105,000
Listed by Country Living Realty
Aug 23, 1983 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 92,957
  • Total Building Area: 1,880
  • Gross Building Area: 4,553
  • Building Area: 1,880
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,880
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002134
  • 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: 56-27J
  • Parcel: DOUG M:0271 B:0000020 L:
  • Block: 20
  • Municipality: DOUGLAS
  • Latitude: 42.0192
  • Longitude: -71.7178

    Address

  • Full Address: 3 Hemlock St
  • Address - House Number: 3
  • Address - Street Name: Hemlock
  • Address - Suffix Type: St
  • State: MA
  • City Name: Douglas
  • Carrier Code: R003
  • 4-Digit Zip Code: 2723
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $471,000

    Appraisal Valuation

  • Standard Deviation: 0.1996
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 356,792
  • High Value: 428,020
  • Low Value: 285,564

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $348,400
  • Assessed Land Value: $90,300
  • Assessed Improvements Value: $258,100

    Sales

  • Current Sale Contract Date: Feb 24, 2021
  • Current Sale Recording Date: Mar 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28640
  • Previous Sale Recording Date: Aug 23, 1983
  • Previous Sale Amount: $10,000
  • 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

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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: 4 months ago
Data Source: MLS PIN, MLS# 72723895

Frequently Asked Questions

When was property at 3 Hemlock Street built and last sold?
The property at 3 Hemlock Street was built in 1984 and last sold on Feb 24, 2021 for $100,000.
How much is this home worth?
The estimated value of the home located at 3 Hemlock Street is $106,050.
What are some comparable homes to 3 Hemlock Street?
There are currently no comparable homes to 3 Hemlock Street.
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