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East Douglas 01516
38 Martin Rd
$350,000
● House - Off Market

38 Martin Rd

Douglas, MA 01516
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,410 Ft²
$729,946
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model

About This Property

Young, custom ranch in very private settting! Over 2400 sq. ft. This pristine home features central air and vac, alarm system. 2X6 construction, hardwood floors, open living/dining with gas FP and built-ins. Rock maple kitchen w/island and stainless appliances. Laundry on main level, crown moldings, 8' ceilings. Gorgeous sunroom/family room leads to deck.  Master suite features large walk-in closet, jacuzzi tub with separate shower, and sliders to deck. Beautifully maintained property.
Unit Size
2,410 Ft²
Days on Market
-
Land Size
11.12 acres
Price per sqft
$156
Property Type
House
Property Taxes
$483
HOA Dues
-
Year Built
2000

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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: 6 months ago (MLSPIN #71538304)

Price History

Date / Event Date Event Price
Sep 20, 2013 Sold
Premium
Sold
Jun 7, 2013 Listed by RE/MAX Town & Country $374,900
Listed by RE/MAX Town & Country

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 7
  • Basement Area: 2,410
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 484,387
  • Total Building Area: 2,410
  • Gross Building Area: 5,778
  • Building Area: 2,410
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,410
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000011120
  • 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: RA

Geography

  • Account Number: Jan 01, 1970
  • Parcel: DOUG M:0169 B:0000012 L:
  • Block: 12
  • Municipality: DOUGLAS
  • Latitude: 42.066
  • Longitude: -71.706

    Address

  • Full Address: 38 Martin Rd
  • Address - House Number: 38
  • Address - Street Name: Martin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Douglas
  • Carrier Code: R002
  • 4-Digit Zip Code: 2317
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $780,000

    Appraisal Valuation

  • Standard Deviation: 0.1628
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 656,863
  • High Value: 763,836
  • Low Value: 549,891

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $576,900
  • Assessed Land Value: $144,200
  • Assessed Improvements Value: $432,700

    Sales

  • Current Sale Recording Date: Sep 30, 2014
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 91628
  • Previous Sale Recording Date: Sep 20, 2013
  • Previous Sale Amount: $350,000
  • 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

$295

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2088 ft²

Average Home Age

29.9 years

Currently For Sale

7 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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Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71538304

Frequently Asked Questions

When was property at 38 Martin Road built and last sold?
The property at 38 Martin Road was built in 2000 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 38 Martin Road is $396,880.
What are some comparable homes to 38 Martin Road?
There are currently no comparable homes to 38 Martin Road.
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