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Maynard 01754
71 Powder Mill Rd
$270,000
● House - Off Market

71 Powder Mill Rd

Maynard, MA 01754
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,449 Ft²
$482,192
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Freshly painted, new carpets, finished room in basement, property is in a flood zone, will not qualify for FHA due to peeling paint on exterior.  This property is eligible under the Freddie Mac First Look Initiative through 4/06/2014, during this period only owner occupant offers will be considered.  Property is being sold as is, no representations or warranties from seller/seller's agents, buyers must do due diligence.  Seller is offering up to $500 toward home owner warranty for owner occupant buyers, all offers must have preapproval or proof of funds if cash, exterior did test positive for lead paint.  Lead paint on interior has been encapsulated.
Unit Size
1,449 Ft²
Days on Market
-
Land Size
0.97 acres
Price per sqft
$179
Property Type
House
Property Taxes
$518
HOA Dues
-
Year Built
1947

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71646404)

Price History

Date / Event Date Event Price
Jul 3, 2014 Sold
Premium
Sold
Mar 18, 2014 Listed by RE/MAX Andrew Realty Services $259,900
Listed by RE/MAX Andrew Realty Services
Dec 19, 2013 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 828
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,210
  • Total Building Area: 1,449
  • Gross Building Area: 2,934
  • Building Area: 1,449
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,449
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000969
  • 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: R1

Geography

  • Account Number: 3297
  • Parcel: MAYN M:010.0 P:147.0
  • Municipality: MAYNARD
  • Latitude: 42.4364
  • Longitude: -71.4426

    Address

  • Full Address: 71 Powder Mill Rd
  • Address - House Number: 71
  • Address - Street Name: Powder Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Maynard
  • Carrier Code: C005
  • 4-Digit Zip Code: 1410
  • Zip Code: 01754

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $759,200

    Appraisal Valuation

  • Standard Deviation: 0.173
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 524,930
  • High Value: 615,775
  • Low Value: 434,085

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $400,200
  • Assessed Land Value: $258,600
  • Assessed Improvements Value: $141,600

    Sales

  • Current Sale Recording Date: Jul 03, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 94615
  • Previous Sale Recording Date: Dec 19, 2013
  • Previous Sale Amount: $308,678
  • Previous Sale Document Type: 34
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71646404

Frequently Asked Questions

When was property at 71 Powder Mill Road built and last sold?
The property at 71 Powder Mill Road was built in 1947 and last sold on Jan 1, 1970 for $270,000.
How much is this home worth?
The estimated value of the home located at 71 Powder Mill Road is $281,100.
What are some comparable homes to 71 Powder Mill Road?
There are currently no comparable homes to 71 Powder Mill Road.
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