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Maynard 01754
7 Elm St
$341,000
● House - Off Market

7 Elm St

Maynard, MA 01754
bedrooms
4 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,680 Ft²
$613,663
RealtyHop Estimate
72.91%
Since Nov 1, 2005
National-US
Primary Model

About This Property

WONDERFUL VILLAGE COLONIAL. CONVENIENT ACCESS TO SCHOOLS & SHOPPING. LOTS OF UPDATES INCLUDING BATHROOMS,ELECTRICAL,PLUMBING,INSULATION. THREE LEVELS OF LIVING, ALL HEATED. LARGE LIVING AREA,HARDWOOD FLOORS,COZY BACKYARD,GOOD OFF STREET PARKING.COME SEE, BE PLEASANTLY SURPRISED WITH CHARACTER OF THIS HOME. SELLERS ARE ABLE TO MOVE QUICKLY.
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$211
Property Type
House
Property Taxes
$250
HOA Dues
-
Year Built
1919

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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 #70245577)

Price History

Date / Event Date Event Price
Jun 16, 2011 Sold
Premium
Sold
Apr 12, 2011 Listed by RE/MAX Vision $289,900
Listed by RE/MAX Vision
Terrific, spacious colonial ~ come see it all refreshed with granite counters, fresh paint & ready to go! A not-to-be missed opportunity with great 2nd floor family room, 1 full bath & 2 half baths, formal dining room, spacious living room, kitchen with tons of cabinets space and that charm we all love in vintage homes. Tucked on quiet side street steps to the village, you will love the manageable backyard oasis that will be yours. Bigger than you expected you would find in your 1st home
Aug 19, 2010 Listed by Distinctive Realty, Inc. $294,900
Listed by Distinctive Realty, Inc.
Apr 16, 2010 Listed by The Entry Only Listing Service $299,900
Listed by The Entry Only Listing Service
Village colonial, four bedroom, three bathroom with many updates, located on side street within walking distance to downtown. Maple floors throughout. Kitchen has all new appliances and ample cabinets, with separate formal dining area. Large living area on the first floor. Fifth bonus room which can be used as family room. Third floor is completely finished with two large rooms, half bath and storage area. New roof, windows, hot water heater.
Oct 28, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 690
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,269
  • Total Building Area: 1,680
  • Gross Building Area: 2,759
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000098
  • 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: 181
  • Parcel: MAYN M:015.0 P:281.0
  • Municipality: MAYNARD
  • Latitude: 42.4312
  • Longitude: -71.448

    Address

  • Full Address: 7 Elm St
  • Address - House Number: 7
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Maynard
  • Carrier Code: C011
  • 4-Digit Zip Code: 2607
  • Zip Code: 01754

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $783,500

    Appraisal Valuation

  • Standard Deviation: 0.244
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 661,209
  • High Value: 822,607
  • Low Value: 499,811

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $413,000
  • Assessed Land Value: $238,500
  • Assessed Improvements Value: $174,500

    Sales

  • Current Sale Recording Date: Jun 16, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000010
  • Previous Sale Recording Date: Oct 28, 2005
  • Previous Sale Amount: $341,000
  • 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:

$559,950

Sale Price/ft²

$351

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: 4 months ago
Data Source: MLS PIN, MLS# 70245577

Frequently Asked Questions

When was property at 7 Elm Street built and last sold?
The property at 7 Elm Street was built in 1919 and last sold on Jan 1, 1970 for $287,000.
How much is this home worth?
The estimated value of the home located at 7 Elm Street is $309,450.
What are some comparable homes to 7 Elm Street?
There are currently no comparable homes to 7 Elm Street.
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