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Worcester 01516
58 Lakeshore Dr
$360,000
● House - Off Market

58 Lakeshore Dr

Douglas, MA 01516
bedrooms
2 Beds
bathrooms
1 Bath
square feet
610 Ft²
$468,017
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

The sweetest cottage you have ever seen!  Welcome to beautiful Lake Manchaug!  With amazing views of the lake from its multi-level cedar deck and dock, this home even comes with its own boat and trailer (1999 Four Winns Horizon 180 - 18 foot bowrider with Volvo Penta 4.3L Inboard/outboard 190HP). Love the outdoors?  The deck   allows ample room for family dinners and gatherings and time spent on and in the water.  This is not to be missed and a wonderful family vacation spot.  To get a feel for this special property, please view the drone footage and video for additional information and call to see this today!  This property is being sold as is, Buyer and Buyer's Agent to do all due diligence.
Unit Size
610 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$574
Property Type
House
Property Taxes
$364
HOA Dues
-
Year Built
1975

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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 #72707606)

Price History

Date / Event Date Event Price
Oct 2, 2020 Sold
Premium
Sold
Aug 11, 2020 Listed by ERA Key Realty Services $350,000
Listed by ERA Key Realty Services
May 15, 2006 Sold
Premium
Sold
Dec 22, 2005 Listed by ERA Key Realty Services $249,900
Listed by ERA Key Realty Services

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 26
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,295
  • Total Building Area: 610
  • Gross Building Area: 1,442
  • Building Area: 610
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 610
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000305
  • 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: 6-39
  • Parcel: DOUG M:0110 B:0000041 L:
  • Block: 41
  • Municipality: DOUGLAS
  • Latitude: 42.0907
  • Longitude: -71.7807

    Address

  • Full Address: 58 Lakeshore Dr
  • Address - House Number: 58
  • Address - Street Name: Lakeshore
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Douglas
  • Carrier Code: R001
  • 4-Digit Zip Code: 2816
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $522,700

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 501,007
  • High Value: 590,188
  • Low Value: 411,826

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $386,600
  • Assessed Land Value: $231,200
  • Assessed Improvements Value: $155,400

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Oct 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 116360
  • Previous Sale Recording Date: May 15, 2006
  • Previous Sale Amount: $225,000
  • 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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2379 ft²

Average Home Age

65.5 years

Currently For Sale

1984 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: 6 months ago
Data Source: MLS PIN, MLS# 72707606

Frequently Asked Questions

When was property at 58 Lake Shore Drive built and last sold?
The property at 58 Lake Shore Drive was built in 1975 and last sold on Sep 30, 2020 for $360,000.
How much is this home worth?
The estimated value of the home located at 58 Lake Shore Drive is $343,672.
What are some comparable homes to 58 Lake Shore Drive?
There are currently no comparable homes to 58 Lake Shore Drive.
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