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Maynard 01754
8 Summit Street
$357,000
● House - Off Market

8 Summit Street

Maynard, MA 01754
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,780 Ft²
$815,689
RealtyHop Estimate
128.48%
Since Aug 1, 2003
National-US
Primary Model

About This Property

MAGNIFICENT RENOVATED COLONIAL ON A QUIET ST. W/FENCED YARD, DOUBLE LOT W/PATIO. FEATURING LG. NEWLY DECORATED ROOMS W/FORMAL FOYER & SUNRM OFF LIVINGRM,WALK-UP ATTIC OFF BEDRM WHICH OPENS INTO MASTERBEDRM. PLENTY OF STORAGE THROUGHOUT.
Unit Size
1,780 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$201
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1900

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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 years ago (MLSPIN #30706779)

Price History

Date / Event Date Event Price
Jul 14, 2003 Sold
Premium
Sold
Apr 7, 2003 Listed by Kelley Real Estate $357,000
Listed by Kelley Real Estate
Apr 27, 1998 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 806
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,329
  • Total Building Area: 1,780
  • Gross Building Area: 2,616
  • Building Area: 1,780
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,780
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MICHAEL R & ELIZABETH MCCULLAG
  • Land Acres: 0000000306
  • 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: 3070
  • Parcel: MAYN M:015.0 P:356.1
  • Municipality: MAYNARD
  • Latitude: 42.4304
  • Longitude: -71.4506

    Address

  • Full Address: 8 Summit St
  • Address - House Number: 8
  • Address - Street Name: Summit
  • Address - Suffix Type: St
  • State: MA
  • City Name: Maynard
  • Carrier Code: C012
  • 4-Digit Zip Code: 1752
  • Zip Code: 01754

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $872,800

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 638,739
  • High Value: 750,014
  • Low Value: 527,464

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $460,100
  • Assessed Land Value: $256,700
  • Assessed Improvements Value: $203,400

    Sales

  • Current Sale Recording Date: Jul 14, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1470
  • Previous Sale Recording Date: Apr 27, 1998
  • Previous Sale Amount: $179,900
  • 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

2053 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 years ago
Data Source: MLS PIN, MLS# 30706779

Frequently Asked Questions

When was property at 8 Summit Street built and last sold?
The property at 8 Summit Street was built in 1900 and last sold on Jan 1, 1970 for $357,000.
How much is this home worth?
The estimated value of the home located at 8 Summit Street is $0.
What are some comparable homes to 8 Summit Street?
There are currently no comparable homes to 8 Summit Street.
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