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Maynard 01754
7 Riverbank Rd
Photo of 7 Riverbank Rd
Sold on Jul 31, 2007

1

Map

$319,900
● House - Off Market

7 Riverbank Rd

Maynard, MA 01754
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,385 Ft²
$542,806
RealtyHop Estimate
72.37%
Since Aug 1, 2007
National-US
Primary Model

About This Property

Just because it might be your first house, doesn't mean you don't crave a granite kitchen w/ breakfast bar, 2 fresh baths, hardwood floors and updated everything!  At 7 Riverbank you'll have all that-new walls & ceilings, central a/c, new dual zone gas furnace, new roof, new windows, new light fixtures, 2nd fl laundry, w/up attic and some serious style! So cute you could pinch her shingles, you'll love the front porch with half moon windows, gleaming floors and a sense of substance.
Unit Size
1,385 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$227
Property Type
House
Property Taxes
$311
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 #70560762)

Price History

Date / Event Date Event Price
Dec 17, 2020 Sold
Premium
Sold
Oct 8, 2020 Listed $335,000
Listed
Jul 31, 2007 Sold
Premium
Sold
Apr 17, 2007 Listed $314,900
Listed
Jun 4, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 730
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,833
  • Total Building Area: 1,385
  • Gross Building Area: 2,299
  • Building Area: 1,385
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,385
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000088
  • 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: B

Geography

  • Account Number: 3522
  • Parcel: MAYN M:014.0 P:120.0
  • Municipality: MAYNARD
  • Latitude: 42.4313
  • Longitude: -71.4603

    Address

  • Full Address: 7 Riverbank Rd
  • Address - House Number: 7
  • Address - Street Name: Riverbank
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Maynard
  • Carrier Code: C004
  • 4-Digit Zip Code: 1513
  • Zip Code: 01754

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $695,400

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 500,156
  • High Value: 595,270
  • Low Value: 405,042

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $366,600
  • Assessed Land Value: $218,700
  • Assessed Improvements Value: $147,900

    Sales

  • Current Sale Contract Date: Nov 23, 2020
  • Current Sale Recording Date: Dec 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 241000
  • Previous Sale Recording Date: Jul 31, 2007
  • Previous Sale Amount: $319,000
  • 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

2071 ft²

Average Home Age

82.7 years

Currently For Sale

26 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# 70560762

Frequently Asked Questions

When was property at 7 Riverbank Road built and last sold?
The property at 7 Riverbank Road was built in 1910 and last sold on Nov 23, 2020 for $335,000.
How much is this home worth?
The estimated value of the home located at 7 Riverbank Road is $349,534.
What are some comparable homes to 7 Riverbank Road?
There are currently no comparable homes to 7 Riverbank Road.
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