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Maynard 01754
7 Sherman St
$377,100
● House - Off Market

7 Sherman St

Maynard, MA 01754
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,512 Ft²
$470,527
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Meticulously and lovingly maintained, bright colonial home, boasting of 4 bedrooms, 1 full bath, formal dining room, large, bright  living  room, gleaming hardwood floors throughout. Large eat in kitchen with plenty of cabinets and counter space,chair rail, restful,sunny,heated front porch with hardwood floor and walls of windows. Walk to schools, Shopping,downtown and beautiful new bike paths, minutes to new shopping center, Market Basket 110 Grill, gymi, nail salon, spa and Dunkin Donuts.  WELCOME HOME.  NEW 100 AMP ELECTRICAL SERVICE TO BE INSTALLED
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$245
Property Type
House
Property Taxes
$606
HOA Dues
-
Year Built
1925

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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: 5 years ago (MLSPIN #72743695)

Price History

Date / Event Date Event Price
Feb 1, 2021 Sold
Premium
Sold
Oct 15, 2020 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $369,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • 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: 19
  • 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: 672
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,752
  • Total Building Area: 1,512
  • Gross Building Area: 2,208
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000155
  • 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: 2685
  • Parcel: MAYN M:019.0 P:125.0
  • Municipality: MAYNARD
  • Latitude: 42.4261
  • Longitude: -71.4569

    Address

  • Full Address: 7 Sherman St
  • Address - House Number: 7
  • Address - Street Name: Sherman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Maynard
  • Carrier Code: C003
  • 4-Digit Zip Code: 1635
  • Zip Code: 01754

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $770,200

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 545,641
  • High Value: 646,220
  • Low Value: 445,063

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $406,000
  • Assessed Land Value: $243,500
  • Assessed Improvements Value: $162,500

    Sales

  • Current Sale Contract Date: Jan 25, 2021
  • Current Sale Recording Date: Feb 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23261
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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72743695

Frequently Asked Questions

When was property at 7 Sherman Street built and last sold?
The property at 7 Sherman Street was built in 1925 and last sold on Jan 25, 2021 for $379,900.
How much is this home worth?
The estimated value of the home located at 7 Sherman Street is $0.
What are some comparable homes to 7 Sherman Street?
There are currently no comparable homes to 7 Sherman Street.
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