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Maynard 01754
23 Loring Ave
$508,000
● House - Off Market

23 Loring Ave

Maynard, MA 01754
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$516,853
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

The "maze" neighborhood is so popular, and here is your opportunity to move into this friendly neighborhood - and live on a cul de sac! A sprawling four-bedroom ranch with two full baths is your find for the summer season. An addition in 2002 created a home of excellent livability & appeal with spacious rooms, an eat-in kitchen with maple cabinetry, luxurious tile baths, a home office/laundry in the bedroom wing, and a primary bedroom with double closets. Doesn't everyone need a mudroom entrance for kids or pets to come and go - complete with cubbies & hooks for your boots, coats, and leashes for the doggo? Great storage in the attic and a storage shed to add to the appeal. There are insulated windows throughout and efficient natural-gas heat. Come enjoy this quiet location with nearly a quarter acre of land!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$250
Property Type
House
Property Taxes
$635
HOA Dues
-
Year Built
1963

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73006756)

Price History

Date / Event Date Event Price
Aug 30, 2022 Sold
Premium
Sold
Jul 5, 2022 Listed by Coldwell Banker Realty - Concord $499,900
Listed by Coldwell Banker Realty - Concord
May 30, 2013 Sold
Premium
Sold
Sep 28, 2012 Listed by Coldwell Banker Realty - Concord $279,900
Listed by Coldwell Banker Realty - Concord
Dec 2, 2010 Listed by Keller Williams Realty Greater Worcester $300,000
Listed by Keller Williams Realty Greater Worcester
This sprawling 4 bedroom is located on a convienent cul de sac. The 2002 addition and update expanded the living area for great flexibility and appeal. Spacious rooms, kitchen with maple cabinetry home office/laundry in the bedroom wing, mudroom entrance and great attic and shed storage all add to the home's convience and comfort. The fenced yard is nicely landscaped. There will be an open house on Sunday 1-3PM December 5th - everyone's welcome.
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Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • 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: 10,585
  • Total Building Area: 1,818
  • Gross Building Area: 1,818
  • Building Area: 1,818
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,818
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000243
  • 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: 3561
  • Parcel: MAYN M:005.0 P:034.0
  • Municipality: MAYNARD
  • Latitude: 42.4409
  • Longitude: -71.4562

    Address

  • Full Address: 23 Loring Ave
  • Address - House Number: 23
  • Address - Street Name: Loring
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Maynard
  • Carrier Code: C001
  • 4-Digit Zip Code: 1140
  • Zip Code: 01754

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $800,200

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 590,155
  • High Value: 698,939
  • Low Value: 481,372

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $421,800
  • Assessed Land Value: $251,200
  • Assessed Improvements Value: $170,600

    Sales

  • Current Sale Contract Date: Aug 30, 2022
  • Current Sale Recording Date: Aug 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 132721
  • Previous Sale Recording Date: May 30, 2013
  • Previous Sale Amount: $275,000
  • 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

2071 ft²

Average Home Age

82.7 years

Currently For Sale

26 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: 4 months ago
Data Source: MLS PIN, MLS# 73006756

Frequently Asked Questions

When was property at 23 Loring Avenue built and last sold?
The property at 23 Loring Avenue was built in 1963 and last sold on Aug 30, 2022 for $508,000.
How much is this home worth?
The estimated value of the home located at 23 Loring Avenue is $504,993.
What are some comparable homes to 23 Loring Avenue?
There are currently no comparable homes to 23 Loring Avenue.
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