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Maynard 01754
2 Pinecrest Ter
Photo of 2 Pinecrest Ter
Sold on Dec 19, 2008

1

Map

$164,000
● House - Off Market

2 Pinecrest Ter

Maynard, MA 01754
bedrooms
2 Beds
bathrooms
1 Bath
square feet
736 Ft²
$358,955
RealtyHop Estimate
112.40%
Since Jan 1, 2009
MA-Boston
Primary Model

About This Property

Sweet little bungalow on a cul de sac awaits your updating.  For a small investment you can own your own home and land.  Not a bank sale or short sale - just a older home ready for a new owner to refresh and enjoy.  Replacement windows in two bedrooms and living room, newer roof. Nice street and yard, small shed.  Being sold as is.
Unit Size
736 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$230
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
1948

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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 months ago (MLSPIN #70840477)

Price History

Date / Event Date Event Price
Dec 17, 2008 Sold
Premium
Sold
Oct 29, 2008 Listed $169,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,619
  • Total Building Area: 736
  • Gross Building Area: 736
  • Building Area: 736
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 736
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000129
  • 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: 3062
  • Parcel: MAYN M:010.0 P:140.0
  • Municipality: MAYNARD
  • Latitude: 42.4373
  • Longitude: -71.4402

    Address

  • Full Address: 2 Pinecrest Ter
  • Address - House Number: 2
  • Address - Street Name: Pinecrest
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Maynard
  • Carrier Code: C005
  • 4-Digit Zip Code: 1455
  • Zip Code: 01754

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $533,100

    Appraisal Valuation

  • Standard Deviation: 0.173
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 371,561
  • High Value: 435,864
  • Low Value: 307,258

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $281,000
  • Assessed Land Value: $222,000
  • Assessed Improvements Value: $59,000

    Sales

  • Current Sale Recording Date: Dec 17, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00197913
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

$347

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2027 ft²

Average Home Age

84 years

Currently For Sale

27 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 months ago
Data Source: MLS PIN, MLS# 70840477

Frequently Asked Questions

When was property at 2 Pinecrest Terrace built and last sold?
The property at 2 Pinecrest Terrace was built in 1948 and last sold on Jan 1, 1970 for $163,000.
How much is this home worth?
The estimated value of the home located at 2 Pinecrest Terrace is $175,869.
What are some comparable homes to 2 Pinecrest Terrace?
There are currently no comparable homes to 2 Pinecrest Terrace.
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