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Maynard 01754
48 Mill St
$499,900
● House - Off Market

48 Mill St

Maynard, MA 01754
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,466 Ft²
$2,970
Est. Monthly

About This Property

Welcome to this charming bungalow located at 48 Mil Street  Situated on a corner lot, this home offers a cozy and inviting atmosphere. With 2 formal bedrooms on the second floor, along with two additional bonus rooms, this residence provides ample space for work and relaxation. The main level features a newer kitchen and a front-to-back living room, perfect for entertaining or simply unwinding after a long day. At 1466 square feet, this home boasts a comfortable layout, complemented by updated windows that invite natural light. The wood-burning stove in the kitchen area adds a touch of warmth and character to the home. The full, unfinished basement provides the potential for additional storage space.
Unit Size
1,466 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$341
Property Type
House
Property Taxes
$515
HOA Dues
-
Year Built
1900

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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 #73222495)

Price History

Date / Event Date Event Price
Jun 21, 2024 Sold
Premium
Sold
Apr 10, 2024 Listed by Compass $499,900
Listed by Compass
Welcome to this charming bungalow located at 48 Mil Street Situated on a corner lot, this home offers a cozy and inviting atmosphere. With 2 formal bedrooms on the second floor, along with two additional bonus rooms, this residence provides ample space for work and relaxation. The main level features a newer kitchen and a front-to-back living room, perfect for entertaining or simply unwinding after a long day. At 1466 square feet, this home boasts a comfortable layout, complemented by updated windows that invite natural light. The wood-burning stove in the kitchen area adds a touch of warmth and character to the home. The full, unfinished basement provides the potential for additional storage space.
Dec 8, 2017 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 870
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,492
  • Total Building Area: 1,466
  • Gross Building Area: 2,623
  • Building Area: 1,466
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,466
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: GR

Geography

  • Account Number: 2399
  • Parcel: MAYN M:018.0 P:088.A
  • Municipality: MAYNARD
  • Latitude: 42.428
  • Longitude: -71.4646

    Address

  • Full Address: 48 Mill St
  • Address - House Number: 48
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Maynard
  • Carrier Code: C004
  • 4-Digit Zip Code: 1661
  • Zip Code: 01754

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $618,200

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 496,964
  • High Value: 588,569
  • Low Value: 405,358

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,900
  • Assessed Land Value: $202,900
  • Assessed Improvements Value: $123,000

    Sales

  • Current Sale Recording Date: Dec 08, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 199405
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73222495

Frequently Asked Questions

When was property at 48 Mill Street built and last sold?
The property at 48 Mill Street was built in 1900 and last sold on Jan 1, 1970 for $307,000.
How much is this home worth?
The estimated value of the home located at 48 Mill Street is $508,212.
What are some comparable homes to 48 Mill Street?
There are currently no comparable homes to 48 Mill Street.
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