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

193 Otter River Rd

Gardner, MA 01440
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,072 Ft²
$322,973
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Tucked away but close to area conveniences and all refreshed!  New Flooring throughout, New Eat-in Kitchen to include, Cabinets, Quartz Countertop, Subway Tile Backsplash, Energy Star Appliances, and Fixtures. Sunny Living room has Big Picture Window, Trendy Accent Wall & New Plush Carpet.  Bathroom has New Flooring, Vanity and fixtures. Two Nice Sized Bedrooms Complete This Floor. Head Downstairs and Find an Additional Bedroom and a large Storage Space.  New Furnace- New Roof- New Well Tank and Pump-New Smart Thermostat- New Interior and Exterior Paint- New 3 Bedroom Septic to be installed Prior to Closing.
Unit Size
1,072 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$303
Property Type
House
Property Taxes
$313
HOA Dues
-
Year Built
1977

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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 #73128867)

Price History

Date / Event Date Event Price
Sep 29, 2023 Sold
Premium
Sold
Jun 30, 2023 In contract -
In contract
Jun 23, 2023 Listed by Atlantic Coast Homes,Inc $325,000
Listed by Atlantic Coast Homes,Inc
Apr 21, 2023 Sold
Premium
Sold
Feb 18, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 30,384
  • Total Building Area: 906
  • Gross Building Area: 1,880
  • Building Area: 906
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 906
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PREPARED CHESTER E PULTORAK ET
  • Land Acres: 0000000698
  • 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:13
  • Block: 4
  • Lot: 13
  • Municipality: GARDNER
  • Latitude: 42.6049
  • Longitude: -72.0372

    Address

  • Full Address: 193 Otter River Rd
  • Address - House Number: 193
  • 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: $401,300

    Appraisal Valuation

  • Standard Deviation: 0.1958
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 321,532
  • High Value: 384,510
  • Low Value: 258,553

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $267,700
  • Assessed Land Value: $69,700
  • Assessed Improvements Value: $198,000

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Sep 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81132
  • Previous Sale Recording Date: Apr 21, 2023
  • Previous Sale Contract Date: Apr 21, 2023
  • Previous Sale Amount: $110,000
  • 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:

$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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73128867

Frequently Asked Questions

When was property at 193 Otter River Road built and last sold?
The property at 193 Otter River Road was built in 1977 and last sold on Sep 28, 2023 for $335,000.
How much is this home worth?
The estimated value of the home located at 193 Otter River Road is $317,917.
What are some comparable homes to 193 Otter River Road?
There are currently no comparable homes to 193 Otter River Road.
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