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Gardner 01440
122 Leo Dr
$233,000
● House - Off Market

122 Leo Dr

Gardner, MA 01440
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,488 Ft²
$347,777
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Charming Ranch, with outstanding Kitchen with granite counter, maple cabinets, ash flooring.  14X16 family room out back of house, door leading to back yard and patio,  living room a fireplace and wood flooring.. Two bedrooms have wood flooring, the master bedroom has half a bath and carpet and a big closet.  There is a heated family room in the basement, along with the washer and dryer.  The two car tucked under garage is access from here.  Side patio and deck, 2 sheds, walk out from basement from the laundry area.  The grounds a well maintained with lots of flowers blooming through the spring and summer.  Privacy fence on the side of the patio and along the other side of the house.  Great level back yard for the summer fun.
Unit Size
1,488 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$155
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1966

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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 #72354103)

Price History

Date / Event Date Event Price
Sep 13, 2018 Sold
Premium
Sold
Jun 28, 2018 Listed by Montalbano Real Estate $229,900
Listed by Montalbano Real Estate
Sep 20, 2007 Sold
Premium
Sold
Jul 14, 2007 Listed by Montalbano Real Estate $195,000
Listed by Montalbano Real Estate

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 26,400
  • Total Building Area: 1,244
  • Gross Building Area: 2,780
  • Building Area: 1,244
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,244
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000606
  • 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: 707400

Geography

  • Parcel: GARD M:H37 B:24 L:6
  • Block: 24
  • Lot: 6
  • Municipality: GARDNER
  • Latitude: 42.5978
  • Longitude: -72.019

    Address

  • Full Address: 122 Leo Dr
  • Address - House Number: 122
  • Address - Street Name: Leo
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Gardner
  • Carrier Code: R002
  • 4-Digit Zip Code: 1214
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $502,500

    Appraisal Valuation

  • Standard Deviation: 0.2049
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 367,724
  • High Value: 443,079
  • Low Value: 292,368

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $335,200
  • Assessed Land Value: $78,200
  • Assessed Improvements Value: $257,000

    Sales

  • Current Sale Recording Date: Sep 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 96587
  • Previous Sale Recording Date: Sep 20, 2007
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: 27
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

54

Average Home Size

2475 ft²

Average Home Age

91.8 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: 4 months ago
Data Source: MLS PIN, MLS# 72354103

Frequently Asked Questions

When was property at 122 Leo Drive built and last sold?
The property at 122 Leo Drive was built in 1966 and last sold on Jan 1, 1970 for $233,000.
How much is this home worth?
The estimated value of the home located at 122 Leo Drive is $238,487.
What are some comparable homes to 122 Leo Drive?
There are currently no comparable homes to 122 Leo Drive.
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