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East Douglas 01516
Lot 3 Monroe Street
$452,275
● House - Off Market

Lot 3 Monroe Street

Douglas, MA 01516
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,492 Ft²
$836,949
RealtyHop Estimate
86.03%
Since Apr 1, 2005
National-US
Primary Model

About This Property

New 2492 sq ft colonial to be built on 3.76 wooded acres. Nice country street. Hardwood in foyer and dining room, ceramic tile in full baths. Farmer's porch. Jetted tub in Master Bath. Walk-out basement. Call office for plans and specs.
Unit Size
2,492 Ft²
Days on Market
-
Land Size
3.76 acres
Price per sqft
$181
Property Type
House
Property Taxes
$83
HOA Dues
-
Year Built
2022

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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: 5 months ago (MLSPIN #70053956)

Price History

Date / Event Date Event Price
Dec 30, 2022 Sold
Premium
Sold
Mar 24, 2005 Sold
Premium
Sold
Jun 23, 2004 Listed by Prudential Page Realty $449,900
Listed by Prudential Page Realty

Property Highlights

Fireplace
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • 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: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,088
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,011
  • Total Building Area: 1,856
  • Gross Building Area: 4,496
  • Building Area: 1,856
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,856
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001194
  • 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: 752101

Zoning

  • Zoning: VR

Geography

  • Account Number: 141-71
  • Parcel: DOUG M:0164 B:0009.19 L:
  • Block: 9.19
  • Municipality: DOUGLAS
  • Latitude: 42.0717
  • Longitude: -71.6988

    Address

  • Full Address: 3 Monroe St
  • Address - House Number: 3
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: MA
  • City Name: Douglas
  • Carrier Code: R005
  • 4-Digit Zip Code: 2304
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $825,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $610,400
  • Assessed Land Value: $102,800
  • Assessed Improvements Value: $507,600

    Sales

  • Current Sale Contract Date: Dec 30, 2022
  • Current Sale Recording Date: Dec 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 137205
  • Previous Sale Recording Date: Dec 30, 2022
  • Previous Sale Contract Date: Dec 20, 2022
  • Previous Sale Amount: $85,000
  • 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 East Douglas

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$296

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2107 ft²

Average Home Age

29.9 years

Currently For Sale

8 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: 5 months ago
Data Source: MLS PIN, MLS# 70053956

Frequently Asked Questions

When was property at 3 Monroe Street built and last sold?
The property at 3 Monroe Street was built in 2022 and last sold on Dec 30, 2022 for $559,900.
How much is this home worth?
The estimated value of the home located at 3 Monroe Street is $469,876.
What are some comparable homes to 3 Monroe Street?
There are currently no comparable homes to 3 Monroe Street.
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