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Maynard 01754
16 Charles St
$260,000
● House - Off Market

16 Charles St

Maynard, MA 01754
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$336,330
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Opportunity is knocking. Bring your tools to this 3 bed 1 bath fixer upper. It needs a total rehab but worth it if you're looking for a winter project and want to build some sweat equity. Located close to the vibrant downtown scene it is tucked in a wonderful neighborhood. Not too many opportunities like this present themselves these days and what a great time to fix and flip, or fix and rent. House being sold in "as is" condition, gas heat, town sewer and water. Cash or rehab loan preferred. Will not qualify for FHA funding. Showings begin Sunday December 20 open house 1-4pm.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$257
Property Type
House
Property Taxes
$489
HOA Dues
-
Year Built
1961

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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: 5 years ago (MLSPIN #72767374)

Price History

Date / Event Date Event Price
Apr 15, 2021 Sold
Premium
Sold
Jan 11, 2021 Sold
Premium
Sold
Dec 15, 2020 Listed by Gibson Sotheby's International Realty $259,000
Listed by Gibson Sotheby's International Realty

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,979
  • Total Building Area: 1,008
  • Gross Building Area: 1,404
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Maynard School District
  • School Tax School District: MAYNARD SD
  • Census Tract: 364101

Zoning

  • Zoning: R1

Geography

  • Account Number: 590
  • Parcel: MAYN M:009.0 P:050.0
  • Municipality: MAYNARD
  • Latitude: 42.4364
  • Longitude: -71.46

    Address

  • Full Address: 16 Charles St
  • Address - House Number: 16
  • Address - Street Name: Charles
  • Address - Suffix Type: St
  • State: MA
  • City Name: Maynard
  • Carrier Code: C001
  • 4-Digit Zip Code: 2243
  • Zip Code: 01754

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $715,000

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 511,267
  • High Value: 605,509
  • Low Value: 417,025

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $376,900
  • Assessed Land Value: $254,000
  • Assessed Improvements Value: $122,900

    Sales

  • Current Sale Contract Date: Apr 15, 2021
  • Current Sale Recording Date: Apr 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 85395
  • Previous Sale Recording Date: Jan 11, 2021
  • Previous Sale Contract Date: Jan 05, 2021
  • Previous Sale Amount: $260,000
  • 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 Maynard

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$351

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2090 ft²

Average Home Age

89 years

Currently For Sale

23 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72767374

Frequently Asked Questions

When was property at 16 Charles Street built and last sold?
The property at 16 Charles Street was built in 1961 and last sold on Apr 15, 2021 for $455,000.
How much is this home worth?
The estimated value of the home located at 16 Charles Street is $270,193.
What are some comparable homes to 16 Charles Street?
There are currently no comparable homes to 16 Charles Street.
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