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Worcester 01516
8 Nw Main St
$365,000
● House - Off Market

8 Nw Main St

Douglas, MA 01516
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,219 Ft²
$567,852
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

Picturesque 1850 Renovated Post & Beam Home on Gorgeous Manicured Lot.  Set back on a Scenic Road with Views of the Town Common. Quality Woodwork and Exposed Beams throughout, Bright Open Floor Plan with Custom Kitchen, Distinctive Light Fixtures, First Floor Laundry& Full Bath, Two Car Detached Garage. Second Floor features 10ft Ceilings 3 Bedrooms a Full Bath with Marble Double Vanity - Major Recent Updates Include Hot Water Heater, Furnace, Oil Tank, Roof, Brand NEW Septic System, Electric & Plumbing- -Town Water-- Come Enjoy this Mix of Modern Conveniences with Old World Charm--
Unit Size
2,219 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$162
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1850

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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 #72243594)

Price History

Date / Event Date Event Price
Jan 22, 2018 Sold
Premium
Sold
Oct 16, 2017 Listed by ERA Key Realty Services $359,900
Listed by ERA Key Realty Services
Jun 14, 2017 Sold
Premium
Sold
Apr 17, 2017 Listed by ERA Key Realty Services $269,900
Listed by ERA Key Realty Services
Mar 14, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 816
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,196
  • Total Building Area: 1,708
  • Gross Building Area: 3,108
  • Building Area: 1,708
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,708
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000487
  • 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: VR

Geography

  • Account Number: 28-39A
  • Parcel: DOUG M:0198 B:0000039 L:
  • Block: 39
  • Municipality: DOUGLAS
  • Latitude: 42.0537
  • Longitude: -71.7407

    Address

  • Full Address: 8 Nw Main St
  • Address - House Number: 8
  • Street Direction: NW
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Douglas
  • Carrier Code: R001
  • 4-Digit Zip Code: 2200
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $600,600

    Appraisal Valuation

  • Standard Deviation: 0.2112
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 541,147
  • High Value: 655,457
  • Low Value: 426,838

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $444,200
  • Assessed Land Value: $97,200
  • Assessed Improvements Value: $347,000

    Sales

  • Current Sale Recording Date: Jan 22, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6714
  • Previous Sale Recording Date: Jun 14, 2017
  • Previous Sale Amount: $262,000
  • 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:

$500,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2368 ft²

Average Home Age

65.5 years

Currently For Sale

1968 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: 6 months ago
Data Source: MLS PIN, MLS# 72243594

Frequently Asked Questions

When was property at 8 Northwest Main Street built and last sold?
The property at 8 Northwest Main Street was built in 1850 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 8 Northwest Main Street is $377,464.
What are some comparable homes to 8 Northwest Main Street?
There are currently no comparable homes to 8 Northwest Main Street.
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