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Age Restricted Affordable Homeownership Opportunity- Maynard, MA

(Sticky Post) Published

April 8, 2021

| Sudbury Housing Trust
| Automatically Archived on 5/4/2021

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Affordable, 2-bedroom condominium 55+ age-restricted development available in Maynard for $201,827.

Please read the flyer & application for more details.

FLYER – Marble Farm Road, Maynard, MA
APPLICATION – Marble Farm Road, Maynard, MA

The key milestones for this housing opportunity:

  • Application Period opens   Wednesday, April 7, 2021
  • Application Deadline          Friday, April 23, 2021 1:00 PM
  • Lottery                                Tuesday, May 4, 2021 @ 11:00 am via zoom
                                                Link to be provided with eligibility letters.

The resale condo available for sale is located at 1 Marble Farm Road in Maynard. It is part of an age-restricted development 55+ of 24 condominiums built in 2008. This affordable and spacious 2-bedroom, 2 bath condominium contains 1,969 square feet of living space on two levels. The first floor includes a large open concept space for living and dining, a kitchen, one bedroom, and one full bath. A second bedroom and full bathroom are on the second floor. The unit features a driveway and one-car garage, a back deck, and front porch. The heating system is gas with forced air, and is covered in the condominium association fee. The condo is being sold β€˜as-is’ with refrigerator, stove, microwave, dishwasher, and washer/dryer included.

The purchase price is $201,827. Owners are required also to pay property taxes, and the 2021 Maynard tax rate is $20.15 per $1,000 of valuation or an estimated monthly amount of $339. The condominium fee is currently $154 per month, and the Condominium Association has rules and regulations for all owners that describe the operation of the condominium.

The property is being offered at a discounted rate and, as such, this and all future sales of the property will be in accordance with the guidelines in the Deed Rider that is attached to the unit. The deed restriction will protect the property in perpetuity using resale price limitations. 

We invite you to submit an application, with the supplemental information. This application can be downloaded from the RHSO website and can be sent to you upon request.

Please contact the agent below for any questions or to submit your application, either by hardcopy in the mail or by email:

Lara Plaskon
Regional Housing Services Office
37 Knox Trail, Acton, MA 01720
978-287-1092; lara@rhsohousing.org
www.rhsohousing.org