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Maynard 01754
32 Reo Road
$445,000
● House - Off Market

32 Reo Road

Maynard, MA 01754
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,551 Ft²
$484,640
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

This much loved home has been beautifully maintained over many years by the original owners! Surprisingly spacious with generous rooms and lots of windows that allow the natural light to pour in. Eat in kitchen opens to the living room with a big bay window and a center wood burning fireplace. A great family room addition and lovely sunroom with cathedral ceiling.... plenty of space for working from home. Central air, newer high efficiency heating system (gas) and newer roof. Real cedar shakes give this property great curb appeal! The large flat lot is perfect for gardens and backyard games. Sought after maze neighborhood location with a short walk to the playground. Convenient to downtown Maynard and the South Acton train to Cambridge & Boston.
Unit Size
1,551 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$284
Property Type
House
Property Taxes
$580
HOA Dues
-
Year Built
1962

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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 years ago (MLSPIN #72892216)

Price History

Date / Event Date Event Price
Dec 15, 2021 Sold
Premium
Sold
Sep 9, 2021 Listed by EXIT Beacon Pointe Realty $439,900
Listed by EXIT Beacon Pointe Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 10,019
  • Total Building Area: 1,551
  • Gross Building Area: 1,743
  • Building Area: 1,551
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,551
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 636
  • Parcel: MAYN M:008.0 P:084.0
  • Municipality: MAYNARD
  • Latitude: 42.44
  • Longitude: -71.4674

    Address

  • Full Address: 32 Reo Rd
  • Address - House Number: 32
  • Address - Street Name: Reo
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Maynard
  • Carrier Code: C009
  • 4-Digit Zip Code: 1061
  • Zip Code: 01754

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $809,400

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 575,567
  • High Value: 681,662
  • Low Value: 469,473

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $426,700
  • Assessed Land Value: $250,000
  • Assessed Improvements Value: $176,700

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 1901925
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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72892216

Frequently Asked Questions

When was property at 32 Reo Road built and last sold?
The property at 32 Reo Road was built in 1962 and last sold on Dec 15, 2021 for $445,000.
How much is this home worth?
The estimated value of the home located at 32 Reo Road is $0.
What are some comparable homes to 32 Reo Road?
There are currently no comparable homes to 32 Reo Road.
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