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Worcester 01516
48 North
$311,000
● House - Off Market

48 North

Douglas, MA 01516
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,848 Ft²
$444,741
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Buy this Business Zoned, remodeled mint Ranch in desirable location. Close to Rt. 146 for easy highway access. This turnkey charming Ranch offers; brand new windows, gleaming hardwood floors, renovated kitchen with Quartz countertops and sink, stainless steel appliances, restored cement flooring, solid craftsmanship, updated electrical with new fixtures. Stunning large backyard paradise for outdoor entertainment!   Come visit this charming Ranch today!
Unit Size
1,848 Ft²
Days on Market
-
Land Size
0.81 acres
Price per sqft
$178
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
1995

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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 #72655939)

Price History

Date / Event Date Event Price
Aug 21, 2025 Sold
Premium
Sold
May 12, 2025 In contract -
In contract
May 8, 2025 Listed by Lindsey Sarah Realty Group $474,000
Listed by Lindsey Sarah Realty Group
Welcome Home!! This spacious solid built RANCH offers 3 bedrooms with gleaming hardwood floors, kitchen updated with quartz countertops, stainless steel appliances and tile floorings. New exterior paint, newer roof and windows make this gem easy to maintain. Fenced in backyard for outdoor barbecues to enjoy the peaceful surroundings. Close to Rt.146, Rt.20, Rt.395 and I-90. OPEN HOUSE SATURDAY 11:00-1:00.
Sep 24, 2020 Sold
Premium
Sold
May 13, 2020 Listed by Lindsey Sarah Realty Group $329,000
Listed by Lindsey Sarah Realty Group
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,048
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 92,347
  • Total Building Area: 2,340
  • Gross Building Area: 3,080
  • Building Area: 2,340
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,340
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002120
  • 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: Oct 07, 2021
  • Parcel: DOUG M:0173 B:0000005 L:
  • Block: 5
  • Municipality: DOUGLAS
  • Latitude: 42.0659
  • Longitude: -71.7508

    Address

  • Full Address: 48 Douglas Hill Way
  • Address - House Number: 48
  • Address - Street Name: Douglas Hill
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Douglas
  • Carrier Code: R001
  • 4-Digit Zip Code: 2257
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $647,700

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 550,871
  • High Value: 635,347
  • Low Value: 466,395

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $479,100
  • Assessed Land Value: $122,600
  • Assessed Improvements Value: $356,500

    Sales

  • Current Sale Recording Date: Apr 21, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00057089
  • Previous Sale Recording Date: Aug 22, 1997
  • Previous Sale Amount: $193,000
  • 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

$282

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2428 ft²

Average Home Age

62.4 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72655939

Frequently Asked Questions

When was property at 48 Douglas Hill Way built and last sold?
The property at 48 Douglas Hill Way was built in 1995 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 48 Douglas Hill Way is $466,801.
What are some comparable homes to 48 Douglas Hill Way?
There are currently no comparable homes to 48 Douglas Hill Way.
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