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Gardner 01440
185 Otter River Rd
$335,000
● House - Off Market

185 Otter River Rd

Gardner, MA 01440
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$2,108
Est. Monthly

About This Property

Welcome to this inviting 3 bedroom, 1 bathroom ranch, offering an open concept layout and a spacious backyard.  The open concept kitchen, living room and dining room, create a seamless flow perfect for entertaining and everyday living.  The finished room in the basement offers additional living space, ideal for a family room, home gym, office or hobby area.  The basement also features a wood stove, providing supplemental heat and a cozy atmosphere during colder months.  The huge deck overlooking the private backyard is perfect for barbecues, gatherings or simply relaxing in the sun.  The large storage shed provides great space for your gardening tools and outdoor equipment.  Come see this home today!!!
Unit Size
960 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$365
Property Type
House
Property Taxes
$389
HOA Dues
-
Year Built
1976

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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 #73269306)

Price History

Date / Event Date Event Price
Oct 10, 2024 Sold
Premium
Sold
Sep 6, 2024 In contract -
In contract
Jul 25, 2024 Listed by Keller Williams Realty North Central $350,000
Listed by Keller Williams Realty North Central
Jul 15, 2016 Sold
Premium
Sold
Mar 13, 2016 Listed by Keller Williams Realty North Central $166,900
Listed by Keller Williams Realty North Central
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 30,695
  • Total Building Area: 960
  • Gross Building Area: 2,400
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHESTER E PULTORAK
  • Land Acres: 0000000705
  • 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:C37 B:4 L:14
  • Block: 4
  • Lot: 14
  • Municipality: GARDNER
  • Latitude: 42.6047
  • Longitude: -72.0369

    Address

  • Full Address: 185 Otter River Rd
  • Address - House Number: 185
  • Address - Street Name: Otter River
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gardner
  • Carrier Code: R002
  • 4-Digit Zip Code: 1537
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $466,600

    Appraisal Valuation

  • Standard Deviation: 0.1958
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 349,828
  • High Value: 418,348
  • Low Value: 281,307

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $311,300
  • Assessed Land Value: $73,500
  • Assessed Improvements Value: $237,800

    Sales

  • Current Sale Recording Date: Jul 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75780
  • Previous Sale Recording Date: Jan 29, 2010
  • Previous Sale Amount: $153,000
  • 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:

$387,400

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

52

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73269306

Frequently Asked Questions

When was property at 185 Otter River Road built and last sold?
The property at 185 Otter River Road was built in 1976 and last sold on Jan 1, 1970 for $170,000.
How much is this home worth?
The estimated value of the home located at 185 Otter River Road is $332,382.
What are some comparable homes to 185 Otter River Road?
There are currently no comparable homes to 185 Otter River Road.
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