$425,500
●
Condo -
Off Market
5 Oak Ridge Dr #2
Maynard, MA 01754
2 Beds
3 Baths,
1
Half Bath
1,975 Ft²
$3,205
Est. Monthly
$420
HOA / Fees
5.05%
Cap Rate
About This Property
Much loved townhome in popular Oak Ridge offers 4 floors of living
space! A 2024 kitchen renovation is fresh and bright with stainless
steel appliances (most were new Jan. 2024). Large great room
provides plenty of room for dining and living room activities.
There's plenty of space for guests as well in the finished walk-out
lower level and in the fireplaced loft. Recent heat and A/C. Lower
level currently set up as an in-law apartment with new paint and
carpet in 2023. The sellers have absolutely loved the very
private deck. The wildlife they see include deer, hawks and
hummingbirds! The sellers have experienced the board to have been
very responsible during their 29 years with only 1 assessment for
$1000 25 years ago. Now that's stability and good management! Come
enjoy Oak Ridge and all that Maynard has to offer!
Unit Size
1,975 Ft²
Days on Market
-
Land Size
-
Price per sqft
$228
Property Type
Condo
Property Taxes
$575
HOA Dues
$420
Year Built
1985
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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: 2 years ago (MLSPIN #73289562)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by Coldwell Banker Realty - Westford | $450,000 | |
| Listed by Coldwell Banker Realty - Westford | |||
| | |||
|
Much loved townhome in popular Oak Ridge offers 4 floors of living space! A 2024 kitchen renovation is fresh and bright with stainless steel appliances (most were new Jan. 2024). Large great room provides plenty of room for dining and living room activities. There's plenty of space for guests as well in the finished walk-out lower level and in the fireplaced loft. Recent heat and A/C. Lower level currently set up as an in-law apartment with new paint and carpet in 2023. The sellers have absolutely loved the very private deck. The wildlife they see include deer, hawks and hummingbirds! The sellers have experienced the board to have been very responsible during their 29 years with only 1 assessment for $1000 25 years ago. Now that's stability and good management! Come enjoy Oak Ridge and all that Maynard has to offer!
| |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Interior Details
Level: First
Width: 10
Length: 12
Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled, Stainless Steel Appliances
Area: 120
Level: Second
Level: Second
Features: Closet, Flooring - Wall to Wall Carpet
Width: 11
Length: 15
Area: 165
Length: 18
Level: First
Features: Flooring - Wall to Wall Carpet, Balcony / Deck, Exterior Access, Slider
Width: 15
Area: 270
Features: Closet, Flooring - Wall to Wall Carpet
Level: Second
Length: 16
Width: 12
Area: 192
Level: Basement
Level: First
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Closet, Bathroom - Full, Loft
Appliances: Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Tile, Carpet, Flooring - Wall to Wall Carpet
Laundry Features: In Basement, In Unit, Gas Dryer Hookup
Rooms: 5
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Off Street, Assigned, Paved
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Oak Ridge
Structure Type: Townhouse
Stories (Total): 4
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: Res
Parcel Number: M:021.0 P:005.2, 3637025
Water Source: Public
Financial Details
Tax Map Number: 21.0
Tax Assessed Value: $386,100
Tax Annual Amount: $6,903
Utilities Details
Utilities: for Gas Range, for Gas Dryer
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas, Fireplace(s)
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Pool
Association Fee Frequency: Monthly
HOA Fee: $420
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Public School
Pets Allowed: Yes
Complex is Completed
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
11/12/2025
|
3 Bed
|
2 Bath
|
1980 ft²
|
$443,000
3 Bed
2 Bath
1980 ft²
|
$443,000
01/26/2026
|
The Home Group
Coldwell Banker Realty - Lynnfield
| |
|
09/12/2024
|
2 Bed
|
3 Bath
|
1975 ft²
|
$460,000
2 Bed
3 Bath
1975 ft²
|
$425,500
-7.50%
11/15/2024
|
Cheryl Major
Coldwell Banker Realty - Westford
| |
|
09/04/2019
|
3 Bed
|
3 Bath
|
1930 ft²
|
$299,900
3 Bed
3 Bath
1930 ft²
|
$325,000
+8.37%
10/23/2019
|
Chris Dudzic
Lamacchia Realty, Inc.
| |
|
10/20/2016
|
2 Bed
|
3 Bath
|
1930 ft²
|
$262,500
2 Bed
3 Bath
1930 ft²
|
$252,000
-4.00%
01/27/2017
|
Martha Lazares
Keller Williams Realty-Merrimack
| |
|
07/16/2015
|
2 Bed
|
2 Bath
|
1930 ft²
|
$227,000
2 Bed
2 Bath
1930 ft²
|
$225,000
-0.88%
05/20/2016
|
Marilyn Messenger
Andrew Mitchell & Company - Concord
| |
|
09/24/2008
|
3 Bed
|
2 Bath
|
2025 ft²
|
$289,000
3 Bed
2 Bath
2025 ft²
|
$265,000
-8.30%
05/15/2009
|
Zur Attias
J M Barrett & Co., Inc.
| |
|
12/07/2005
|
2 Bed
|
2 Bath
|
2000 ft²
|
$299,900
2 Bed
2 Bath
2000 ft²
|
$295,000
-1.63%
04/21/2006
|
Laura & Lorna
| |
|
11/14/2003
|
3 Bed
|
2 Bath
|
2000 ft²
|
$298,700
3 Bed
2 Bath
2000 ft²
|
$295,000
-1.24%
04/30/2004
|
Martha Lazares
Keller Williams Realty-Merrimack
| |
|
04/03/2003
|
3 Bed
|
2 Bath
|
1525 ft²
|
$295,000
3 Bed
2 Bath
1525 ft²
|
$285,000
-3.39%
06/25/2003
|
Cathi DeCiero
Coldwell Banker Realty - Northborough
| |
|
09/07/2000
|
2 Bed
|
2 Bath
|
1525 ft²
|
$210,000
2 Bed
2 Bath
1525 ft²
|
$217,000
+3.33%
10/13/2000
|
Margot Shaw
Era Liberty Real Estate
|
Building Info
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