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Maynard 01754
37 Reo Road
$229,900
● House - Off Market

37 Reo Road

Maynard, MA 01754
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,544 Ft²
$505,692
RealtyHop Estimate
115.28%
Since Jan 1, 2013
National-US
Primary Model

About This Property

Situated on a large corner lot this home has wonderful curb appeal with potential expansion possibilities. Great opportunity for first time buyer or desired one floor living. Just steps away from neighborhood playground.Enjoy the warmth of the familyroom fireplace this winter and the cool relaxation on your enclosed porch next summer. Partake of a light meal at your kitchen counter or a more formal setting in your diningroom. Economical gas heat& water.Priced to allow for your personal touches.
Unit Size
1,544 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$152
Property Type
House
Property Taxes
$424
HOA Dues
-
Year Built
1966

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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 #71440675)

Price History

Date / Event Date Event Price
Dec 7, 2012 Sold
Premium
Sold
Sep 27, 2012 Listed by Prudential Prime Properties $234,900
Listed by Prudential Prime Properties

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • 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: 12,502
  • Total Building Area: 1,320
  • Gross Building Area: 1,613
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • 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: 210
  • Parcel: MAYN M:008.0 P:077.0
  • Municipality: MAYNARD
  • Latitude: 42.4404
  • Longitude: -71.4675

    Address

  • Full Address: 37 Reo Rd
  • Address - House Number: 37
  • Address - Street Name: Reo
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Maynard
  • Carrier Code: C009
  • 4-Digit Zip Code: 1060
  • Zip Code: 01754

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $740,000

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 531,990
  • High Value: 620,242
  • Low Value: 443,739

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $390,100
  • Assessed Land Value: $255,000
  • Assessed Improvements Value: $135,100

    Sales

  • Current Sale Recording Date: Dec 07, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000162
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:

$574,900

Sale Price/ft²

$338

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2129 ft²

Average Home Age

79.1 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# 71440675

Frequently Asked Questions

When was property at 37 Reo Road built and last sold?
The property at 37 Reo Road was built in 1966 and last sold on Jan 1, 1970 for $229,900.
How much is this home worth?
The estimated value of the home located at 37 Reo Road is $255,905.
What are some comparable homes to 37 Reo Road?
There are currently no comparable homes to 37 Reo Road.
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