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Worcester 01516
54 Cottage Colony
$408,000
● House - Off Market

54 Cottage Colony

Douglas, MA 01516
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,940 Ft²
$683,331
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

WATERFRONT Year round Home on much sort after WHITIN RESERVOIR,beautiful fully recreational recreational lake with NO public access.An open floor plan offers beautiful views of both sunrises and sunsets,Kitchen is fully applianced with a center island to enjoy morning coffees. dining room, the living room is the enite front of the house with double sliders to the deck overlooking the lake.Hardwood floors,2 full baths with laundry,second floor master bedroom over looks the lake and large guest room. The lower level has a finished family room perfect for entertaining guests,and additional storage area.Outside patio and shower. Enjoy the beauty of New England's 4 seasons with all Lake Front Living has to offer.First showings begin Sunday June 25th.
Unit Size
1,940 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$222
Property Type
House
Property Taxes
$478
HOA Dues
-
Year Built
2003

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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 #72187523)

Price History

Date / Event Date Event Price
Oct 18, 2017 Sold
Premium
Sold
Jun 21, 2017 Listed by Deruseau Real Estate $429,900
Listed by Deruseau Real Estate
Sep 28, 2015 Sold
Premium
Sold
Jan 12, 2015 Listed by Deruseau Real Estate $419,900
Listed by Deruseau Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,840
  • Total Building Area: 1,940
  • Gross Building Area: 2,846
  • Building Area: 1,940
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,940
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000111
  • 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: 20-69
  • Parcel: DOUG M:0159 B:0000033 L:
  • Block: 33
  • Municipality: DOUGLAS
  • Latitude: 42.0732
  • Longitude: -71.7627

    Address

  • Full Address: 54 Cottage Colony
  • Address - House Number: 54
  • Address - Street Name: Cottage Colony
  • State: MA
  • City Name: Douglas
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $812,400

    Appraisal Valuation

  • Standard Deviation: 0.1628
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 664,690
  • High Value: 772,937
  • Low Value: 556,443

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $600,900
  • Assessed Land Value: $239,400
  • Assessed Improvements Value: $361,500

    Sales

  • Current Sale Recording Date: Oct 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 115580
  • Previous Sale Recording Date: Sep 28, 2015
  • Previous Sale Amount: $380,000
  • 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

2408 ft²

Average Home Age

62.6 years

Currently For Sale

1996 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# 72187523

Frequently Asked Questions

When was property at 54 Cottage Colony built and last sold?
The property at 54 Cottage Colony was built in 2003 and last sold on Jan 1, 1970 for $403,000.
How much is this home worth?
The estimated value of the home located at 54 Cottage Colony is $438,774.
What are some comparable homes to 54 Cottage Colony?
There are currently no comparable homes to 54 Cottage Colony.
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