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Gardner 01440
125 Pine Street
$80,000
● House - Off Market

125 Pine Street

Gardner, MA 01440
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,555 Ft²
$140,890
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Colonial home only a short distance to the downtown area of Gardner. Current use is a single family residence, was a 2 family home that could be used again as a 2 family if a second egress is added. Buyer to due diligence and check with the building dept for requirement. Large living room and large master bedroom on the first floor. Home does need some updating, all major work has been done, awaiting your finishing touches. Convert back to 2 family and collect rent in one of the units. Please see the attached list of major improvements made in the past 5 years.
Unit Size
1,555 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$53
Property Type
House
Property Taxes
$165
HOA Dues
-
Year Built
1905

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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 #71960966)

Price History

Date / Event Date Event Price
Oct 31, 2022 Sold
Premium
Sold
Jun 17, 2016 Sold
Premium
Sold
Feb 19, 2016 Listed by Foster-Healey Real Estate $83,000
Listed by Foster-Healey Real Estate
May 28, 1999 Sold
Premium
Sold
Mar 31, 1999 Listed by Foster-Healey Real Estate $42,750
Listed by Foster-Healey Real Estate

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 5,130
  • Total Building Area: 1,658
  • Gross Building Area: 3,265
  • Building Area: 1,658
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,658
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000118
  • 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: 707300

Geography

  • Parcel: GARD M:R22 B:6 L:63
  • Block: 6
  • Lot: 63
  • Municipality: GARDNER
  • Latitude: 42.5745
  • Longitude: -71.993

    Address

  • Full Address: 125 Pine St
  • Address - House Number: 125
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gardner
  • Carrier Code: C014
  • 4-Digit Zip Code: 2777
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $385,500

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 318,530
  • High Value: 371,726
  • Low Value: 265,334

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $257,200
  • Assessed Land Value: $59,700
  • Assessed Improvements Value: $197,500

    Sales

  • Current Sale Contract Date: Oct 31, 2022
  • Current Sale Recording Date: Oct 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 117790
  • Previous Sale Recording Date: Jun 17, 2016
  • Previous Sale Amount: $80,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71960966

Frequently Asked Questions

When was property at 125 Pine Street built and last sold?
The property at 125 Pine Street was built in 1905 and last sold on Oct 31, 2022 for $160,000.
How much is this home worth?
The estimated value of the home located at 125 Pine Street is $95,505.
What are some comparable homes to 125 Pine Street?
There are currently no comparable homes to 125 Pine Street.
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