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Maynard 01754
8 Parmenter Ave
$382,000
● House - Off Market

8 Parmenter Ave

Maynard, MA 01754
bedrooms
2 Beds
bathrooms
1 Bath
square feet
832 Ft²
$407,983
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

*** SELLER IS OFFERING A $4,900 credit for BUYER who submits an acceptable offer!**** A pretty little 1930's bungalow on a side street not far from the village offers excellent ceiling height, hardwood floors, replacement windows, a newer heating system, and upside potential! This two-bedroom charmer will steal your heart from the sitting room with abundant natural light, a good-sized living room, a jumbo kitchen with ample cabinetry and countertops to the updated full bath. A complete basement, which includes some semi-finished space,  is light and bright with good ceiling height and adds valuable opportunity for workout space, home office, playroom, or other uses. Recent warm air heating system (October 2019). Bring your inner Joanna Gaines and make this little sweetheart your home-sweet-home!
Unit Size
832 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$469
Property Type
House
Property Taxes
$464
HOA Dues
-
Year Built
1930

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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 #73029769)

Price History

Date / Event Date Event Price
Oct 19, 2022 Sold
Premium
Sold
Sep 28, 2022 In contract -
In contract
Aug 26, 2022 Listed by Coldwell Banker Realty - Concord $389,900
Listed by Coldwell Banker Realty - Concord
Oct 19, 2010 Sold
Premium
Sold
Sep 1, 2010 Listed by Coldwell Banker Realty - Concord $218,000
Listed by Coldwell Banker Realty - Concord
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 720
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,271
  • Total Building Area: 1,192
  • Gross Building Area: 1,552
  • Building Area: 1,192
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,192
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000121
  • 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: GR

Geography

  • Account Number: 2610
  • Parcel: MAYN M:010.0 P:224.0
  • Municipality: MAYNARD
  • Latitude: 42.4374
  • Longitude: -71.4511

    Address

  • Full Address: 8 Parmenter Ave
  • Address - House Number: 8
  • Address - Street Name: Parmenter
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Maynard
  • Carrier Code: C004
  • 4-Digit Zip Code: 1312
  • Zip Code: 01754

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $608,700

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 452,783
  • High Value: 538,890
  • Low Value: 366,676

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $320,900
  • Assessed Land Value: $221,300
  • Assessed Improvements Value: $99,600

    Sales

  • Current Sale Contract Date: Oct 19, 2022
  • Current Sale Recording Date: Oct 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 156044
  • Previous Sale Recording Date: Oct 19, 2010
  • Previous Sale Amount: $211,000
  • 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

$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# 73029769

Frequently Asked Questions

When was property at 8 Parmenter Avenue built and last sold?
The property at 8 Parmenter Avenue was built in 1930 and last sold on Oct 19, 2022 for $382,000.
How much is this home worth?
The estimated value of the home located at 8 Parmenter Avenue is $381,816.
What are some comparable homes to 8 Parmenter Avenue?
There are currently no comparable homes to 8 Parmenter Avenue.
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