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Worcester 01516
31 Richie Rd
$60,700
● House - Off Market

31 Richie Rd

Douglas, MA 01516
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,485 Ft²
$105,874
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

3 bedroom, 1 bath Ranch/Bungalow located on a level corner lot and dirt road with beach rights with association membership (only $100 yr) at private beach on Wallum Lake. Eat-in kitchen open to living room.  House is in need of work inside and out. Deck to front door could bee a cool, relaxing place in the summer. With  the association membership you could enjoy a full summer fun of swimming, boating and fishing! Failed Title V. The sale of the property is made on an "As is", "Where is" and  'with All Faults" basis and seller makes no warranty or representation, express or implied, or arising by operation of law, including, but not limited to, any warranty of condition, title, or habitability.
Unit Size
1,485 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$47
Property Type
House
Property Taxes
$167
HOA Dues
-
Year Built
1945

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72323596)

Price History

Date / Event Date Event Price
Apr 9, 2021 Sold
Premium
Sold
Jan 24, 2021 Listed by ERA Key Realty Services- Auburn $255,000
Listed by ERA Key Realty Services- Auburn
Oct 5, 2018 Sold
Premium
Sold
May 9, 2018 Listed by ERA Key Realty Services- Auburn $69,900
Listed by ERA Key Realty Services- Auburn

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 10,563
  • Total Building Area: 1,100
  • Gross Building Area: 1,172
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000242
  • 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: 54-158
  • Parcel: DOUG M:0284 B:0000119 L:
  • Block: 119
  • Municipality: DOUGLAS
  • Latitude: 42.0164
  • Longitude: -71.763

    Address

  • Full Address: 31 Richie Rd
  • Address - House Number: 31
  • Address - Street Name: Richie
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Douglas
  • Carrier Code: R003
  • 4-Digit Zip Code: 2618
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $349,900

    Appraisal Valuation

  • Standard Deviation: 0.1996
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 319,851
  • High Value: 383,705
  • Low Value: 255,998

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $258,800
  • Assessed Land Value: $68,700
  • Assessed Improvements Value: $190,100

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49414
  • Previous Sale Recording Date: Oct 05, 2018
  • Previous Sale Amount: $60,700
  • 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:

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72323596

Frequently Asked Questions

When was property at 31 Richie Road built and last sold?
The property at 31 Richie Road was built in 1945 and last sold on Apr 9, 2021 for $255,000.
How much is this home worth?
The estimated value of the home located at 31 Richie Road is $252,827.
What are some comparable homes to 31 Richie Road?
There are currently no comparable homes to 31 Richie Road.
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