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Maynard 01754
2 Nick Lane
$410,000
● House - Off Market

2 Nick Lane

Maynard, MA 01754
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,708 Ft²
$817,000
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Handsome expanded ranch w/extraordinary 2-story addition, featuring 5 BR & 3 BA, makes for a deceptively large home on a flat .62-acre lot in a coveted, quiet n'hood. Newly-renovated kitchen w/granite counters, gas cooking & cherry-stained Brookhaven cabinetry. Huge master suite w/office. New doors, low-flow toilets, garage door, newer roof & widened driveway.Private patio & above-ground pool await your summer entertaining. Teen wing/rec room/in-law suite upstairs for growing family.Central air.
Unit Size
2,708 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$155
Property Type
House
Property Taxes
$570
HOA Dues
-
Year Built
1974

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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 #71536466)

Price History

Date / Event Date Event Price
Oct 8, 2021 Sold
Premium
Sold
Aug 10, 2021 Listed by Coldwell Banker Residential Brokerage - Waltham $614,900
Listed by Coldwell Banker Residential Brokerage - Waltham
Aug 27, 2013 Sold
Premium
Sold
Jun 5, 2013 Listed by Coldwell Banker Residential Brokerage - Waltham $419,900
Listed by Coldwell Banker Residential Brokerage - Waltham
Jun 23, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,138
  • Total Building Area: 2,708
  • Gross Building Area: 2,848
  • Building Area: 2,708
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,708
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000623
  • 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: R2

Geography

  • Account Number: 1963
  • Parcel: MAYN M:008.0 P:009.0
  • Municipality: MAYNARD
  • Latitude: 42.4395
  • Longitude: -71.4722

    Address

  • Full Address: 2 Nick Ln
  • Address - House Number: 2
  • Address - Street Name: Nick
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Maynard
  • Carrier Code: C009
  • 4-Digit Zip Code: 1012
  • Zip Code: 01754

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,098,700

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 779,697
  • High Value: 906,472
  • Low Value: 652,922

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $579,200
  • Assessed Land Value: $273,300
  • Assessed Improvements Value: $305,900

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 222566
  • Previous Sale Recording Date: Aug 27, 2013
  • Previous Sale Amount: $410,000
  • 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

$354

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2101 ft²

Average Home Age

88.9 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# 71536466

Frequently Asked Questions

When was property at 2 Nick Lane built and last sold?
The property at 2 Nick Lane was built in 1974 and last sold on Oct 7, 2021 for $615,000.
How much is this home worth?
The estimated value of the home located at 2 Nick Lane is $613,508.
What are some comparable homes to 2 Nick Lane?
There are currently no comparable homes to 2 Nick Lane.
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