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Maynard 01754
7 Loring Ave
$286,000
● House - Off Market

7 Loring Ave

Maynard, MA 01754
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,422 Ft²
$545,935
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model

About This Property

Superb opportunity for those seeking style and quality!  Beautiful single-level living home, fully renovated in 2012, offers beautiful cherry and granite kitchen with stainless steel appliances, master bedroom with en suite bath, spacious family room, living room with fireplace. Upgrades include new roof, furnace, hot water tank, flooring, interior doors and more!  With three bedrooms and two full baths this is an ideal opportunity for those looking for their first home, or looking to simplify their lifestyle.  Ample storage space plus new 8 x16 storage shed, and beautiful 12x24' patio!
Unit Size
1,422 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$197
Property Type
House
Property Taxes
$431
HOA Dues
-
Year Built
1963

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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 #71580715)

Price History

Date / Event Date Event Price
May 28, 2021 Sold
Premium
Sold
Apr 14, 2021 Listed by Coldwell Banker Residential Brokerage - Concord $459,900
Listed by Coldwell Banker Residential Brokerage - Concord
Nov 15, 2013 Sold
Premium
Sold
Sep 9, 2013 Listed by Coldwell Banker Residential Brokerage - Concord $279,900
Listed by Coldwell Banker Residential Brokerage - Concord
Apr 6, 2012 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 10,019
  • Total Building Area: 1,572
  • Gross Building Area: 1,574
  • Building Area: 1,572
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,572
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 3505
  • Parcel: MAYN M:005.0 P:026.0
  • Municipality: MAYNARD
  • Latitude: 42.4417
  • Longitude: -71.459

    Address

  • Full Address: 7 Loring Ave
  • Address - House Number: 7
  • Address - Street Name: Loring
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Maynard
  • Carrier Code: C001
  • 4-Digit Zip Code: 1127
  • Zip Code: 01754

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $865,200

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 617,782
  • High Value: 720,265
  • Low Value: 515,298

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $456,100
  • Assessed Land Value: $250,000
  • Assessed Improvements Value: $206,100

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 122190
  • Previous Sale Recording Date: Nov 15, 2013
  • Previous Sale Amount: $286,000
  • Previous Sale Document Type: O
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

2094 ft²

Average Home Age

93.1 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# 71580715

Frequently Asked Questions

When was property at 7 Loring Avenue built and last sold?
The property at 7 Loring Avenue was built in 1963 and last sold on May 28, 2021 for $522,500.
How much is this home worth?
The estimated value of the home located at 7 Loring Avenue is $467,687.
What are some comparable homes to 7 Loring Avenue?
There are currently no comparable homes to 7 Loring Avenue.
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