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Worcester 01516
7 Cardinal Dr
$135,000
● Land - Off Market

7 Cardinal Dr

Douglas, MA 01516
bedrooms
Studio
bathrooms
0 Bath
$196,700
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Newly developed house lot consisting of approximately 3 acres.  Town water stubbed on property.  Brand new paved road.  Located on a quiet road conveniently located in the heart of Douglas; close to Rt 16, Rt 96, and Rt 146.  Lots of potential to have a house built with your own preferences. Call for copies of approved septic design plan and no conservation approvals needed.
Unit Size
-
Days on Market
-
Land Size
3.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$154
HOA Dues
-
Year Built
2020

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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 #72599490)

Price History

Date / Event Date Event Price
Jan 3, 2020 Sold
Premium
Sold
Nov 30, 2019 Listed by Pembroke Realty / GBI $135,000
Listed by Pembroke Realty / GBI
Nov 16, 2007 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,500
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 146,362
  • Total Building Area: 1,500
  • Gross Building Area: 3,955
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003360
  • 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: 22-4
  • Parcel: DOUG M:0171 B:0000032 L:
  • Block: 32
  • Municipality: DOUGLAS
  • Latitude: 42.0688
  • Longitude: -71.7328

    Address

  • Full Address: 7 Cardinal Dr
  • Address - House Number: 7
  • Address - Street Name: Cardinal
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Douglas
  • Carrier Code: R002
  • 4-Digit Zip Code: 1700
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $747,300

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 84
  • Final Value: 635,342
  • High Value: 719,527
  • Low Value: 551,156

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $552,700
  • Assessed Land Value: $94,900
  • Assessed Improvements Value: $457,800

    Sales

  • Current Sale Recording Date: Nov 16, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00148594
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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72599490

Frequently Asked Questions

When was property at 7 Cardinal Drive built and last sold?
The property at 7 Cardinal Drive was built in 2020 and last sold on Jan 1, 1970 for $200,000.
How much is this home worth?
The estimated value of the home located at 7 Cardinal Drive is $136,350.
What are some comparable homes to 7 Cardinal Drive?
There are currently no comparable homes to 7 Cardinal Drive.
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