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Worcester 01516
7 Laurel Glades
$225,000
● House - Off Market

7 Laurel Glades

Douglas, MA 01516
bedrooms
1 Bed
bathrooms
1 Bath
square feet
998 Ft²
$527,368
RealtyHop Estimate
127.31%
Since Nov 1, 2011
National-US
Primary Model

About This Property

RARE OPPORTUNITY! NOW IS YOUR CHANCE to own waterfront at Douglas' sought after Whitin Reservoir. Approx 75' of beautiful frontage with views of Douglas State Forest. Main level has fully applianced kitchen, living room, bath and large bedroom. LL is partly finished, used for additnl' BR space. Updated roof and siding. Outdoor fire place, private deck, sandy area, dock. Lake sports abound! Fun for all in the summer and winter! Just 5 mi of picturesque driving from I-395.
Unit Size
998 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$232
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1976

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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 #71284747)

Price History

Date / Event Date Event Price
Aug 4, 2021 Sold
Premium
Sold
Jul 13, 2021 Listed by Keller Williams Realty Greater Worcester $470,000
Listed by Keller Williams Realty Greater Worcester
Oct 21, 2011 Sold
Premium
Sold
Sep 8, 2011 Listed by Keller Williams Realty Greater Worcester $232,000
Listed by Keller Williams Realty Greater Worcester

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 665
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,960
  • Total Building Area: 1,264
  • Gross Building Area: 1,825
  • Building Area: 1,264
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,264
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000412
  • 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: 13-5
  • Parcel: DOUG M:0148 B:0000028 L:
  • Block: 28
  • Municipality: DOUGLAS
  • Latitude: 42.0783
  • Longitude: -71.7832

    Address

  • Full Address: 7 Laurel Glades
  • Address - House Number: 7
  • Address - Street Name: Laurel Glades
  • State: MA
  • City Name: Douglas
  • Carrier Code: R001
  • 4-Digit Zip Code: 2831
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $680,500

    Appraisal Valuation

  • Standard Deviation: 0.1628
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 590,447
  • High Value: 686,603
  • Low Value: 494,291

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $503,300
  • Assessed Land Value: $245,500
  • Assessed Improvements Value: $257,800

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Aug 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 109423
  • Previous Sale Recording Date: Oct 21, 2011
  • 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:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2429 ft²

Average Home Age

62.8 years

Currently For Sale

1936 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: 4 months ago
Data Source: MLS PIN, MLS# 71284747

Frequently Asked Questions

When was property at 7 Laurel Glades built and last sold?
The property at 7 Laurel Glades was built in 1976 and last sold on Jul 30, 2021 for $500,000.
How much is this home worth?
The estimated value of the home located at 7 Laurel Glades is $452,448.
What are some comparable homes to 7 Laurel Glades?
There are currently no comparable homes to 7 Laurel Glades.
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