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Worcester 01516
40 Walnut Street
Photo of 40 Walnut Street
Sold on Mar 11, 2005

1

Map

$469,900
● House - Off Market

40 Walnut Street

Douglas, MA 01516
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,600 Ft²
$874,155
RealtyHop Estimate
86.03%
Since Apr 1, 2005
National-US
Primary Model

About This Property

Not your typical new construction!Bldr has spared no expense & Great allowances. Highend uprgrades: Ktch & bath Granite counters, tiled baths, hydroair, AC,designer maple ktch w/desk&drybar, valtd Mstr,vaulted 24x24 Fam rm w/granite gas FP, hardwood flrs in ktch/dining/foyer/stairs,18 recessed lights, 5 cable&phone ports. MstrBth Jac tub & sep tiled shower. 12x14 pt deck, alum gutters.Portico,upgraded interior&exterior trim. 24x24 garage w/keyless entry/remote. 2+ acre country lot, 200'+ drive.
Unit Size
2,600 Ft²
Days on Market
-
Land Size
2.08 acres
Price per sqft
$181
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2004

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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 #70140113)

Price History

Date / Event Date Event Price
Jul 19, 2021 Sold
Premium
Sold
Jun 3, 2021 Listed $624,900
Listed
Mar 11, 2005 Sold
Premium
Sold
Jan 31, 2005 Listed $469,900
Listed
May 18, 2004 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,588
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 91,040
  • Total Building Area: 2,620
  • Gross Building Area: 4,394
  • Building Area: 2,620
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,620
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002090
  • 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: 49-7
  • Parcel: DOUG M:0262 B:00003.1 L:
  • Block: 3.1
  • Municipality: DOUGLAS
  • Latitude: 42.0293
  • Longitude: -71.735

    Address

  • Full Address: 40 Walnut St
  • Address - House Number: 40
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Douglas
  • Carrier Code: R003
  • 4-Digit Zip Code: 2527
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $898,900

    Appraisal Valuation

  • Standard Deviation: 0.1793
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 742,771
  • High Value: 875,991
  • Low Value: 609,551

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $664,900
  • Assessed Land Value: $90,100
  • Assessed Improvements Value: $574,800

    Sales

  • Current Sale Contract Date: Jul 19, 2021
  • Current Sale Recording Date: Jul 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 100210
  • Previous Sale Recording Date: Mar 11, 2005
  • Previous Sale Amount: $469,900
  • 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

63.4 years

Currently For Sale

1927 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70140113

Frequently Asked Questions

When was property at 40 Walnut Street built and last sold?
The property at 40 Walnut Street was built in 2004 and last sold on Jul 19, 2021 for $675,000.
How much is this home worth?
The estimated value of the home located at 40 Walnut Street is $630,963.
What are some comparable homes to 40 Walnut Street?
There are currently no comparable homes to 40 Walnut Street.
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