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Maynard 01754
16 Cutting Drive
$430,000
● House - Off Market

16 Cutting Drive

Maynard, MA 01754
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,976 Ft²
$704,959
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Looking for an appealing home where you can just move in and put your toothbrush away?  This classic colonial is the one.  New roof, all new windows, recently painted interior, new wall to wall carpet on all three levels, new vinyl siding and shutters, first living level has open floor plan. The kitchen is open to the dining area and family room and has a peninsula bar for lots of preparation space and perfect space for entertaining.  The stainless appliances are all recent purchases as well.  All this in an acclaimed neighborhood close to schools and shopping and easy access to commuting routes and downtown Maynard.  Amazing value .... you'll agree!
Unit Size
1,976 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$212
Property Type
House
Property Taxes
$744
HOA Dues
-
Year Built
1993

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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 #72090969)

Price History

Date / Event Date Event Price
Dec 28, 2016 Sold
Premium
Sold
Nov 8, 2016 Listed by Barrett Sotheby's International Realty $419,000
Listed by Barrett Sotheby's International Realty
Jun 2, 1997 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 988
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,589
  • Total Building Area: 1,976
  • Gross Building Area: 2,980
  • Building Area: 1,976
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,976
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000289
  • 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: 364102

Zoning

  • Zoning: R1

Geography

  • Account Number: 1974
  • Parcel: MAYN M:029.0 P:046.0
  • Municipality: MAYNARD
  • Latitude: 42.4158
  • Longitude: -71.4494

    Address

  • Full Address: 16 Cutting Dr
  • Address - House Number: 16
  • Address - Street Name: Cutting
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Maynard
  • Carrier Code: C008
  • 4-Digit Zip Code: 2118
  • Zip Code: 01754

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,079,000

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 703,285
  • High Value: 825,804
  • Low Value: 580,765

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $568,800
  • Assessed Land Value: $255,100
  • Assessed Improvements Value: $313,700

    Sales

  • Current Sale Recording Date: Dec 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 234323
  • Previous Sale Recording Date: Jun 02, 1997
  • Previous Sale Amount: $224,900
  • 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 Maynard

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$354

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2094 ft²

Average Home Age

93.1 years

Currently For Sale

21 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# 72090969

Frequently Asked Questions

When was property at 16 Cutting Drive built and last sold?
The property at 16 Cutting Drive was built in 1993 and last sold on Jan 1, 1970 for $430,000.
How much is this home worth?
The estimated value of the home located at 16 Cutting Drive is $438,129.
What are some comparable homes to 16 Cutting Drive?
There are currently no comparable homes to 16 Cutting Drive.
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