$279,000
●
Condo -
Off Market
31 Main #5
Maynard, MA 01754
2 Beds
1 Bath
980 Ft²
$366,561
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Enjoy all that DOWNTOWN MAYNARD has to offer, IN THE HEART OF IT
ALL! Restaurants, coffee shops, boutiques and movie theatre are all
at your doorstep. QUALITY NEW CONSTRUCTION by one of the area's top
builders. This is condo living at its finest - soaring 9 FOOT
CEILINGS, CROWN MOULDING, PAINTED MAPLE CABINETS, A STAINLESS STEEL
APPLIANCE PACKAGE & GRANITE COUNTERTOPS. Plenty of windows to let
the sunshine in! One deeded parking spot included behind the
building. Additional off-site parking nearby and/or municipal lot
directly behind property. DEDICATED STORAGE IN THE BASEMENT for
each unit. TWO UNITS SOLD & ONLY FOUR UNITS LEFT - #5, 3, 2 (all
larger) and #1 (at 875 sq ft @ $269k). The best value and location
for any new construction. Truly the in-town condo living that
buyers have all been waiting for and can't be matched! Don't miss
this rare new construction opportunity! VIRTUAL TOUR, FACETIME &
PRIVATE SHOWINGS ARE AVAILABLE!
Unit Size
980 Ft²
Days on Market
-
Land Size
-
Price per sqft
$285
Property Type
Condo
Property Taxes
$480
HOA Dues
$175
Year Built
2020
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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: 6 months ago (MLSPIN #72645123)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 4, 2020 | Sold | ||
| Sold | |||
| Apr 17, 2020 | Listed by The Attias Group, LLC | $279,000 | |
| Listed by The Attias Group, LLC | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Deeded
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Vinyl
Laundry Features: Electric Dryer Hookup, Washer Hookup, In Unit, Third Floor
Rooms: 4
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 980
Year Built Source: Builder
Year Built: 2020
Building Area Total: 980
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Annual Amount: $5,759
Utilities Details
Cooling Type: Ductless, Individual, Unit Control
Heating Type: Ductless, Individual, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $175
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/15/2022
|
2 Bed
|
1 Bath
|
980 ft²
|
$330,000
2 Bed
1 Bath
980 ft²
|
$335,000
+1.52%
11/01/2022
|
Steven Savarese
Senné
| |
|
05/22/2020
|
2 Bed
|
1 Bath
|
875 ft²
|
$285,000
2 Bed
1 Bath
875 ft²
|
$285,000
12/07/2020
|
Charles Smerlas
Coldwell Banker Realty - Waltham
| |
|
05/19/2020
|
2 Bed
|
1 Bath
|
980 ft²
|
$285,000
2 Bed
1 Bath
980 ft²
|
$285,000
12/04/2020
|
Steven Savarese
Senné
| |
|
05/11/2020
|
2 Bed
|
1 Bath
|
980 ft²
|
$285,000
2 Bed
1 Bath
980 ft²
|
$285,000
12/04/2020
|
Melissa Lodi
Mendon Local Realty
| |
|
04/17/2020
|
2 Bed
|
1 Bath
|
980 ft²
|
$279,000
2 Bed
1 Bath
980 ft²
|
$279,000
12/04/2020
|
The Rental Team
Hayden Rowe Properties
| |
|
12/12/2017
| |
5 Bed
|
3 Bath
|
3032 ft²
|
$299,000
5 Bed
3 Bath
3032 ft²
|
-
03/23/2018
|
Kim Covino
RE/MAX Leading Edge
|
|
08/10/2006
| |
4 Bed
|
1 Bath
|
3032 ft²
|
$329,900
4 Bed
1 Bath
3032 ft²
|
$289,000
-12.40%
10/19/2007
|
Paul Boothroyd
Century 21 Classic Properties
|
Building Info
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