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Worcester 01516
310 Wallum Lake Rd
$242,000
● House - Off Market

310 Wallum Lake Rd

Douglas, MA 01516
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$537,984
RealtyHop Estimate
115.28%
Since Jan 1, 2013
National-US
Primary Model

About This Property

Talk about LOCATION! Pull in and relax in this 3 bed, 2 bath, 1 car garage colonial offering custom hardwoods throughout with red oak and custom inlays of walnut, cherry, maple and mahogany. Updated spacious kitchen and dinning, tiled bathrooms, and a deck of the rear looking over your private back yard. Your new home is nearby the state forest which offers swimming, boating and fishing at Wallum Lake and hiking, horseback riding, cross-country skiing and snowmobiling on miles of woodland trails
Unit Size
1,536 Ft²
Days on Market
-
Land Size
2.52 acres
Price per sqft
$163
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1996

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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 #71404371)

Price History

Date / Event Date Event Price
Dec 28, 2012 Sold
Premium
Sold
Jul 2, 2012 Listed by Sankey Real Estate $249,900
Listed by Sankey Real Estate
Oct 6, 2004 Sold
Premium
Sold
Aug 13, 2004 Listed by Sankey Real Estate $329,900
Listed by Sankey Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 768
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 109,736
  • Total Building Area: 1,536
  • Gross Building Area: 2,448
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002519
  • 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: Mar 06, 2055
  • Parcel: DOUG M:0299 B:0000006 L:
  • Block: 6
  • Municipality: DOUGLAS
  • Latitude: 42.0104
  • Longitude: -71.7549

    Address

  • Full Address: 310 Wallum Lake Rd
  • Address - House Number: 310
  • Address - Street Name: Wallum Lake
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Douglas
  • Carrier Code: R003
  • 4-Digit Zip Code: 2602
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $518,400

    Appraisal Valuation

  • Standard Deviation: 0.1704
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 489,212
  • High Value: 572,582
  • Low Value: 405,842

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $383,400
  • Assessed Land Value: $91,700
  • Assessed Improvements Value: $291,700

    Sales

  • Current Sale Recording Date: Dec 28, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000016
  • Previous Sale Recording Date: Oct 06, 2004
  • Previous Sale Amount: $325,000
  • 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

2423 ft²

Average Home Age

63.1 years

Currently For Sale

1969 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# 71404371

Frequently Asked Questions

When was property at 310 Wallum Lake Road built and last sold?
The property at 310 Wallum Lake Road was built in 1996 and last sold on Jan 1, 1970 for $242,000.
How much is this home worth?
The estimated value of the home located at 310 Wallum Lake Road is $264,794.
What are some comparable homes to 310 Wallum Lake Road?
There are currently no comparable homes to 310 Wallum Lake Road.
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