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Worcester 01516
40 Main St
$349,900
● House - Off Market

40 Main St

Douglas, MA 01516
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$389,160
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Completely renovated down to the stud's everything has been upgraded and or replaced Roof, Siding, Windows, 12x12 deck, Plumbing, Electrical, furnace, forced hot air, hot water on demand, Kitchen complete with stainless steel appliances and granite counter tops and hardwood floors, recessed lighting, Open floor plan , extra large private back yard great for fires and entertaining, 1 car garage under, basement has fire place perfect for insert to help with heating cost, basement can easily be finished for additional living space, 5 min drive to Douglas state forest and Wallum lake beach, house sits 200+ of road, delivery date Nov1 st,
Unit Size
960 Ft²
Days on Market
-
Land Size
0.89 acres
Price per sqft
$364
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1977

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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 years ago (MLSPIN #72897149)

Price History

Date / Event Date Event Price
Nov 6, 2023 Sold
Premium
Sold
Nov 5, 2021 Sold
Premium
Sold
Sep 18, 2021 Listed by HomeSmart Professionals Real Estate $349,000
Listed by HomeSmart Professionals Real Estate
Apr 23, 2020 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • 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: 7
  • Basement Area: 960
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,712
  • Total Building Area: 960
  • Gross Building Area: 2,088
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000889
  • 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: 28-30E
  • Parcel: DOUG M:0187 B:0000011 L:
  • Block: 11
  • Municipality: DOUGLAS
  • Latitude: 42.0586
  • Longitude: -71.7374

    Address

  • Full Address: 40 Main St
  • Address - House Number: 40
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Douglas
  • Carrier Code: R002
  • 4-Digit Zip Code: 2402
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $487,500
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1823
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 425,061
  • High Value: 502,579
  • Low Value: 347,543

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $360,600
  • Assessed Land Value: $74,100
  • Assessed Improvements Value: $286,500

    Sales

  • Current Sale Contract Date: Nov 06, 2023
  • Current Sale Recording Date: Nov 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 92882
  • Previous Sale Recording Date: Nov 05, 2021
  • Previous Sale Contract Date: Nov 05, 2021
  • Previous Sale Amount: $349,000
  • 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

58

Average Home Size

2386 ft²

Average Home Age

63.5 years

Currently For Sale

2100 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: 5 years ago
Data Source: MLS PIN, MLS# 72897149

Frequently Asked Questions

When was property at 40 Main Street built and last sold?
The property at 40 Main Street was built in 1977 and last sold on Nov 6, 2023 for $430,000.
How much is this home worth?
The estimated value of the home located at 40 Main Street is $0.
What are some comparable homes to 40 Main Street?
There are currently no comparable homes to 40 Main Street.
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