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Gardner 01440
106 Emerald St
$130,000
● Multifamily - Off Market

106 Emerald St

Gardner, MA 01440
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
1,848 Ft²
$223,092
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Great Opportunity to owner occupy a 2 family home, or turn key ready to start the rental process!  This property has been remodeled, newer kitchens and baths, update front porch, newer furnace and more. Each unit has two bedroom and 1.5 baths.   Great computer location.  Good Tenants in place.  Washer & Dryer hood ups in each apartment.  Call today for your private viewing.
Unit Size
1,848 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$76
Property Type
Multifamily
Property Taxes
$189
HOA Dues
-
Year Built
1880

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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 #72168435)

Price History

Date / Event Date Event Price
Dec 15, 2021 Sold
Premium
Sold
Aug 11, 2017 Sold
Premium
Sold
May 20, 2017 Listed by RE/MAX Property Promotions $139,900
Listed by RE/MAX Property Promotions

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,895
  • Total Building Area: 1,663
  • Gross Building Area: 2,960
  • Building Area: 1,663
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,663
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000089
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Gardner School District
  • School Tax School District: GARDNER SD
  • Census Tract: 707300

Geography

  • Parcel: GARD M:M22 B:25 L:19
  • Block: 25
  • Lot: 19
  • Municipality: GARDNER
  • Latitude: 42.5674
  • Longitude: -71.9942

    Address

  • Full Address: 106 Emerald St
  • Address - House Number: 106
  • Address - Street Name: Emerald
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gardner
  • Carrier Code: C010
  • 4-Digit Zip Code: 2951
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $476,700

    Appraisal Valuation

  • Standard Deviation: 0.2414
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 51
  • Final Value: 178,530
  • High Value: 221,633
  • Low Value: 135,426

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $318,000
  • Assessed Land Value: $55,200
  • Assessed Improvements Value: $262,800

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 175060
  • Previous Sale Recording Date: Aug 11, 2017
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: O
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 Gardner

Stats & Trends

Median Asking:

$387,400

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2520 ft²

Average Home Age

97.7 years

Currently For Sale

50 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72168435

Frequently Asked Questions

When was property at 106 Emerald Street built and last sold?
The property at 106 Emerald Street was built in 1880 and last sold on Dec 15, 2021 for $287,000.
How much is this home worth?
The estimated value of the home located at 106 Emerald Street is $256,552.
What are some comparable homes to 106 Emerald Street?
There are currently no comparable homes to 106 Emerald Street.
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