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Worcester 01516
35 Cottage Colony
$260,000
● House - Off Market

35 Cottage Colony

Douglas, MA 01516
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,142 Ft²
$495,467
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Bring your boat and get on the water!  Mint contemporary waterview home is all finished and awaits new owners. Open living/dining area. Fieldstone fireplace with propane insert.  Sparkling clean 2 bedroom 2 bath home, Walk out basement, off street parking.  Landscaped.  Appliances stay. 20 ft right of way to water and owner's dock which is presently shared with the neighbors. Hot water outdoor shower.
Unit Size
1,142 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$244
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1940

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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 #71801171)

Price History

Date / Event Date Event Price
Aug 20, 2021 Sold
Premium
Sold
May 31, 2021 Listed by VanderZicht Real Estate, Inc. $369,900
Listed by VanderZicht Real Estate, Inc.
Jul 30, 2015 Sold
Premium
Sold
Mar 13, 2015 Listed by VanderZicht Real Estate, Inc. $279,000
Listed by VanderZicht Real Estate, Inc.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 584
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,678
  • Total Building Area: 1,158
  • Gross Building Area: 2,298
  • Building Area: 1,158
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,158
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000153
  • 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: 20-58
  • Parcel: DOUG M:0159 B:0000044 L:
  • Block: 44
  • Municipality: DOUGLAS
  • Latitude: 42.0735
  • Longitude: -71.7619

    Address

  • Full Address: 35 Cottage Colony
  • Address - House Number: 35
  • Address - Street Name: Cottage Colony
  • State: MA
  • City Name: Douglas
  • Carrier Code: R001
  • 4-Digit Zip Code: 2218
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $551,800

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 481,282
  • High Value: 566,952
  • Low Value: 395,613

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $408,100
  • Assessed Land Value: $97,700
  • Assessed Improvements Value: $310,400

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 117438
  • Previous Sale Recording Date: Jul 30, 2015
  • Previous Sale Amount: $260,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2426 ft²

Average Home Age

63.1 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71801171

Frequently Asked Questions

When was property at 35 Cottage Colony built and last sold?
The property at 35 Cottage Colony was built in 1940 and last sold on Aug 20, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 35 Cottage Colony is $369,357.
What are some comparable homes to 35 Cottage Colony?
There are currently no comparable homes to 35 Cottage Colony.
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