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Maynard 01754
51 Butler Avenue
$446,000
● House - Off Market

51 Butler Avenue

Maynard, MA 01754
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,003 Ft²
$681,441
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Located in a great neighborhood just steps to downtown, this spacious Colonial offers a bright and inviting floor plan and has been thoughtfully updated. The first floor flows seamlessly with an oversized family room with fireplace, dining room and sunny kitchen. A first floor bedroom provides great flexibility as a master bedroom, guest room or office. The three spacious bedrooms upstairs all have hardwood floors and Harvey windows and the lower level has a finished playroom and great storage. Host summer gatherings on the deck overlooking the expansive backyard and enjoy all of the shops, restaurants and movie theater in downtown Maynard as well as easy access to major commuting routes.
Unit Size
2,003 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$225
Property Type
House
Property Taxes
$690
HOA Dues
-
Year Built
1910

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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: 4 months ago (MLSPIN #72399115)

Price History

Date / Event Date Event Price
Oct 31, 2018 Sold
Premium
Sold
Sep 20, 2018 Listed by Coldwell Banker Residential Brokerage - Concord $449,900
Listed by Coldwell Banker Residential Brokerage - Concord
May 5, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,204
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,979
  • Total Building Area: 2,683
  • Gross Building Area: 3,646
  • Building Area: 2,683
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,683
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • 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: 364102

Zoning

  • Zoning: GR

Geography

  • Account Number: 1198
  • Parcel: MAYN M:015.0 P:172.0
  • Municipality: MAYNARD
  • Latitude: 42.4312
  • Longitude: -71.4435

    Address

  • Full Address: 51 Butler Ave
  • Address - House Number: 51
  • Address - Street Name: Butler
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Maynard
  • Carrier Code: C005
  • 4-Digit Zip Code: 1445
  • Zip Code: 01754

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $977,500

    Appraisal Valuation

  • Standard Deviation: 0.1594
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 661,548
  • High Value: 767,032
  • Low Value: 556,063

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $515,300
  • Assessed Land Value: $254,000
  • Assessed Improvements Value: $261,300

    Sales

  • Current Sale Recording Date: Oct 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 167759
  • Previous Sale Recording Date: May 05, 1993
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 27
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

$351

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2090 ft²

Average Home Age

89 years

Currently For Sale

23 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72399115

Frequently Asked Questions

When was property at 51 Butler Avenue built and last sold?
The property at 51 Butler Avenue was built in 1910 and last sold on Jan 1, 1970 for $446,000.
How much is this home worth?
The estimated value of the home located at 51 Butler Avenue is $466,699.
What are some comparable homes to 51 Butler Avenue?
There are currently no comparable homes to 51 Butler Avenue.
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