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Gardner 01440
111 Peabody St
$262,900
● House - Off Market

111 Peabody St

Gardner, MA 01440
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,311 Ft²
$270,306
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Great property for a multi-generational Family  9 rooms, 5 Bedroom, 2 kitchens and 2 Baths. If you need a large single family home at a reasonable price, this could be the home for you!  The home boosts beautiful woodwork. Pocket doors that lead from main entrance to the dining room, a pellet stove in the living room and plenty of storage.If you need a large family home . The 2 kitchens could be as an in-law set-up both having separate entrances.  Updated boiler and hot water tank. Solar panels to help with electric bills.
Unit Size
2,311 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$112
Property Type
House
Property Taxes
$376
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: 5 months ago (MLSPIN #73024868)

Price History

Date / Event Date Event Price
Sep 16, 2022 Sold
Premium
Sold
Aug 8, 2022 Listed by RHR Real Estate $259,900
Listed by RHR Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 10,927
  • Total Building Area: 2,311
  • Gross Building Area: 4,124
  • Building Area: 2,311
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,311
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000251
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Gardner School District
  • School Tax School District: GARDNER SD
  • Census Tract: 707200

Geography

  • Parcel: GARD M:R22 B:11 L:5
  • Block: 11
  • Lot: 5
  • Municipality: GARDNER
  • Latitude: 42.5724
  • Longitude: -71.9902

    Address

  • Full Address: 111 Peabody St
  • Address - House Number: 111
  • Address - Street Name: Peabody
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gardner
  • Carrier Code: C014
  • 4-Digit Zip Code: 2711
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $407,300

    Appraisal Valuation

  • Standard Deviation: 0.0859
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 93
  • Final Value: 248,904
  • High Value: 270,302
  • Low Value: 227,506

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $271,700
  • Assessed Land Value: $62,800
  • Assessed Improvements Value: $208,900

    Sales

  • Current Sale Contract Date: Sep 16, 2022
  • Current Sale Recording Date: Sep 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 101903
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:

$389,900

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2406 ft²

Average Home Age

95.5 years

Currently For Sale

55 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: 5 months ago
Data Source: MLS PIN, MLS# 73024868

Frequently Asked Questions

When was property at 111 Peabody Street built and last sold?
The property at 111 Peabody Street was built in 1880 and last sold on Sep 16, 2022 for $262,900.
How much is this home worth?
The estimated value of the home located at 111 Peabody Street is $262,795.
What are some comparable homes to 111 Peabody Street?
There are currently no comparable homes to 111 Peabody Street.
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