10 Essex St Douglas — Photo 1 of 42
Recent Drop: $20,000
$849,900
Investment Analysis — 10 Essex St
Douglas, MA 01516 — Shady Knoll Estates
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01516 carries an estimated $2,950/mo in gross rent — about a 2.14% cap rate and $18,178/yr in estimated NOI at the $849,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
3,264
Style
Single Family
Built
2000
Welcome to 10 Essex Street in Douglas, located in the desirable Shady Knoll Estates neighborhood. Tucked away on a quiet cul-de-sac, this custom-built Colonial offers over 3,264 sq ft of thoughtfully designed living space, plus an additional 600 sq ft in the finished lower level. This well-maintained home features 4 spacious bedrooms, 2.5 bathrooms, and a dedicated home office ideal for remote work or flexible living. The main floor showcases an open-concept layout with tile flooring, a sun-filled eat-in kitchen with peninsula seating and breakfast area, formal dining room, and inviting living space perfect for gatherings. Upstairs, the oversized primary suite includes a walk-in closet and spa-like bath with hot tub. Set on 2.7 private acres and including an additional 1.5-acre parcel (Parcel ID 223-13), this rare 4.2-acre property offers exceptional privacy, space, and outdoor potential.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 3,264 sq ft principal dwelling). Lot size: 117,612 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First19 x 15
Cathedral Ceiling(s), Flooring - Wall to Wall Carpet, Lighting - Overhead
Dining Room
Lvl First11.583333333 x 12.416666666
Flooring - Stone/Ceramic Tile
Kitchen
Lvl First18 x 24.75
Flooring - Stone/Ceramic Tile, Cabinets - Upgraded, Deck - Exterior, Slider, Storage, Washer Hookup, Gas Stove, Peninsula, Lighting - Overhead
Office
Lvl First11.25 x 11.833333333
Master Bedroom
Lvl Second21.583333333 x 18
Bathroom - Full, Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Hot Tub / Spa
Bedroom 2
Lvl Second11.666666666 x 12.5
Bedroom 3
Lvl Second11.666666666 x 12.5
Flooring - Wall to Wall Carpet, Lighting - Overhead
Bedroom 4
Lvl Second11.666666666 x 12.5
Flooring - Wall to Wall Carpet, Lighting - Overhead
Bathroom 1
Lvl First6 x 6.666666666
Bathroom - Half
Bathroom 2
Lvl Second8.5 x 14
Bathroom - Full
Bathroom 3
Lvl Second8.5 x 14
Bathroom - Full
Property History
$849,900
Was $869,900
Aug 21, 2026
MLS® 73520501
$879,900
May 18, 2026
MLS® 73520501
$915,900
May 15, 2026
MLS® 73475569
$915,900
Feb 9, 2026
MLS® 73475569
Listing Agent: Kurtis Parisi
Listing Office: Ocean State Properties
MLS® Number: 73520501
