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Gardner 01440
114 Summer Street
$124,000
● House - Off Market

114 Summer Street

Gardner, MA 01440
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,610 Ft²
$166,846
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Great time to purchase this home with plenty of space. Located in sought after South Gardner. Large kitchen, dining room, living room, half bath, and bedroom (office) on first floor. Three bedrooms and full bathroom on second floor. Lots of work has already been done to this property. Recent front porch, roof, chimney, furnace. Nice back yard for BBQ or other activities.
Unit Size
1,610 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$74
Property Type
House
Property Taxes
$281
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 months ago (MLSPIN #72642178)

Price History

Date / Event Date Event Price
Jun 29, 2020 Sold
Premium
Sold
Apr 8, 2020 Listed by Foster-Healey Real Estate $119,000
Listed by Foster-Healey Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • 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: 4,356
  • Total Building Area: 1,610
  • Gross Building Area: 3,218
  • Building Area: 1,610
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,610
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000100
  • 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: 707100

Geography

  • Parcel: GARD M:R17 B:19 L:30
  • Block: 19
  • Lot: 30
  • Municipality: GARDNER
  • Latitude: 42.5605
  • Longitude: -71.9788

    Address

  • Full Address: 114 Summer St
  • Address - House Number: 114
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gardner
  • Carrier Code: C002
  • 4-Digit Zip Code: 6603
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $257,100

    Appraisal Valuation

  • Standard Deviation: 0.2049
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 242,807
  • High Value: 292,564
  • Low Value: 193,050

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $171,500
  • Assessed Land Value: $58,800
  • Assessed Improvements Value: $112,700

    Sales

  • Current Sale Contract Date: Jun 28, 2020
  • Current Sale Recording Date: Jun 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 68657
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:

$386,200

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2560 ft²

Average Home Age

92.6 years

Currently For Sale

49 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: 4 months ago
Data Source: MLS PIN, MLS# 72642178

Frequently Asked Questions

When was property at 114 Summer Street built and last sold?
The property at 114 Summer Street was built in 1900 and last sold on Jun 28, 2020 for $124,000.
How much is this home worth?
The estimated value of the home located at 114 Summer Street is $132,092.
What are some comparable homes to 114 Summer Street?
There are currently no comparable homes to 114 Summer Street.
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