16 Wallum Lake Rd Douglas — Photo 1 of 34
$525,000
Investment Analysis — 16 Wallum Lake Rd
Douglas, MA 01516
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01516 carries an estimated $2,660/mo in gross rent — about a 3.71% cap rate and $19,488/yr in estimated NOI at the $525,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,952
Style
Single Family
Built
1979
One owner raised ranch on a private 2 acre lot in Douglas across from Douglas State Park. Nice size living room with propane fireplace, eat in kitchen with slider to the deck overlooking a nice size yard. Updated bathroom with a walk in shower. Walk out Basement offers a work shop and an extra bedroom. Newer roof and windows. Great location.
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 1,952 sq ft principal dwelling). Lot size: 90,256 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 MLS and other third-party data may be inaccurate or out of date.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
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Dryer
Neighborhood
Park • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstWindow(s) - Bay/Bow/Box
Dining Room
Lvl FirstFlooring - Laminate, Exterior Access, Slider
Kitchen
Lvl Main,FirstFlooring - Laminate
Family Room
Lvl BasementFlooring - Laminate
Master Bedroom
Lvl FirstCloset, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstListing Agent: Maureen Army
Listing Office: Coldwell Banker Realty - Worcester
MLS® Number: 73570536
