$205,000
●
Multifamily -
Off Market
11 Wright
Gardner, MA 01440
8 Beds
0 Bath
4,245 Ft²
$493,297
RealtyHop Estimate
128.48%
Since Aug 1, 2003
National-US
Primary Model
About This Property
EASY 29,400 POTENTIAL GROSS, SELLER OCCUPIES 3RD FLR. FAMILY IN 2
OTHER APTS. AT LOW RENTS, NEW RUBBER ROOF, LARGE APTS, THERMOPANE
WINDOWS, UPDATED WIRING, INSULATED, OFF STREET PARKING, WASH/DRYER
HOOKUPS, LOTS OF WIDE PINE FLOORS.
Unit Size
4,245 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$51
Property Type
Multifamily
Property Taxes
$194
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 #30714374)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 4
Interior Features: Unit 1(Ceiling Fans), Unit 2(Ceiling Fans), Unit 3(Ceiling Fans), Unit 4(Ceiling Fans), Unit 1 Rooms(Living Room, Kitchen, Family Room, Other (See Remarks)), Unit 2 Rooms(Living Room, Kitchen, Family Room, Other (See Remarks)), Unit 3 Rooms(Living Room, Kitchen, Other (See Remarks)), Unit 4 Rooms(Living Room, Kitchen, Other (See Remarks))
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Gas Water Heater, Leased Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Wood, Vinyl, Carpet
Laundry Features: Washer Hookup, Unit 3 Laundry Room, Unit 4 Laundry Room
Rooms: 22
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 4 Family
Stories (Total): 7
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Enclosed
Lead Paint: Yes, None, Certified Treated, Unknown
Lot Features: Other
Lot Size Area: 0.13
Lot Size Units: Acres
Lot Size Acres: 0.13
Zoning: 4 TO 8 RES
Parcel Number: 3536121
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $131,700
Tax Annual Amount: $2,334
Utilities Details
Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup
Sewer : Public Sewer, City/Town Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/07/2023
| |
9 Bed
|
3 Bath
|
3480 ft²
|
$499,000
9 Bed
3 Bath
3480 ft²
|
$560,000
+12.22%
08/16/2023
|
George LeBlanc
Cameron Real Estate Group
|
|
03/04/2020
| |
10 Bed
|
4 Bath
|
3375 ft²
|
$150,000
10 Bed
4 Bath
3375 ft²
|
$130,000
-13.33%
05/15/2020
|
The Legacy Star Group
Keller Williams Realty-Merrimack
|
|
07/13/2010
| |
7 Bed
|
4 Bath
|
3375 ft²
|
$47,000
7 Bed
4 Bath
3375 ft²
|
$42,000
-10.64%
11/05/2010
|
Kelle OKeefe
Keller Williams Realty North Central
|
|
04/28/2003
| |
8 Bed
|
-
|
4245 ft²
|
$215,900
8 Bed
-
4245 ft²
|
$205,000
-5.05%
07/07/2003
|
Ellen Bonner
Liberty Real Estate
|
Building Info
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