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Gardner 01440
129 Leo Dr
$420,000
● House - Off Market

129 Leo Dr

Gardner, MA 01440
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,248 Ft²
$393,922
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Immaculate 6 room, 3 Bedroom, 2 Bath home in a desirable Gardner neighborhood. This renovated raised ranch features new roof, siding, windows, flooring, kitchen, and bathrooms. Unfinished basement could also provide additional living space. Nothing to do but move in and relax.  Located in a desirable neighborhood of similar homes.  Call today for your private showing.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$317
Property Type
House
Property Taxes
$420
HOA Dues
-
Year Built
1968

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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 #73133680)

Price History

Date / Event Date Event Price
Jul 11, 2023 Sold
Premium
Sold
Aug 11, 2023 Sold
Premium
Sold
Jul 12, 2023 In contract -
In contract
Jul 11, 2023 Sold
Premium
Sold
Jul 8, 2023 Listed by LAER Realty Partners $395,000
Listed by LAER Realty Partners
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Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 11,330
  • Total Building Area: 1,248
  • Gross Building Area: 2,640
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • 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:13
  • Block: 24
  • Lot: 13
  • Municipality: GARDNER
  • Latitude: 42.5982
  • Longitude: -72.0189

    Address

  • Full Address: 129 Leo Dr
  • Address - House Number: 129
  • Address - Street Name: Leo
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Gardner
  • Carrier Code: R002
  • 4-Digit Zip Code: 1213
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $558,100

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 414,252
  • High Value: 486,758
  • Low Value: 341,746

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $372,300
  • Assessed Land Value: $69,300
  • Assessed Improvements Value: $303,000

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Aug 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 66045
  • Previous Sale Recording Date: Jun 28, 1994
  • Previous Sale Amount: $98,500
  • 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:

$385,000

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73133680

Frequently Asked Questions

When was property at 129 Leo Drive built and last sold?
The property at 129 Leo Drive was built in 1968 and last sold on Aug 11, 2023 for $420,000.
How much is this home worth?
The estimated value of the home located at 129 Leo Drive is $396,508.
What are some comparable homes to 129 Leo Drive?
There are currently no comparable homes to 129 Leo Drive.
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