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Gardner 01440
198 Clark Street
$400,000
● House - Off Market

198 Clark Street

Gardner, MA 01440
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,616 Ft²
$2,386
Est. Monthly

About This Property

Welcome to 198 Clark Street! Hard to find and well maintained ranch home on a corner private lot.  Property includes 2 bedrooms, large 18 x 12 deck, storage shed with electricity, 2 pellet stoves (one has a new flue), extra storage room, tiled laundry room on the 1st floor, 200 amp electrical service and nice level back yard for entertaining.  Owner has only used the pellet stoves for heating but there is electric baseboard heat, too. Set up your private showing today before this one is gone!
Unit Size
1,616 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$247
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73271630)

Price History

Date / Event Date Event Price
Nov 15, 2024 Sold
Premium
Sold
Oct 4, 2024 In contract -
In contract
Sep 25, 2024 Relisted $173,000
Relisted
Sep 11, 2024 In contract -
In contract
Jul 31, 2024 Listed by Coldwell Banker Realty - Leominster $399,900
Listed by Coldwell Banker Realty - Leominster
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Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 15,000
  • Total Building Area: 1,056
  • Gross Building Area: 2,352
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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:M32 B:16 L:14
  • Block: 16
  • Lot: 14
  • Municipality: GARDNER
  • Latitude: 42.5899
  • Longitude: -72.0085

    Address

  • Full Address: 198 Clark St
  • Address - House Number: 198
  • Address - Street Name: Clark
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gardner
  • Carrier Code: R003
  • 4-Digit Zip Code: 1223
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $506,200

    Appraisal Valuation

  • Standard Deviation: 0.2312
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 53
  • Final Value: 350,190
  • High Value: 431,162
  • Low Value: 269,217

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $337,700
  • Assessed Land Value: $65,100
  • Assessed Improvements Value: $272,600

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Oct 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 143985
  • Previous Sale Recording Date: Mar 08, 2018
  • Previous Sale Amount: $173,000
  • 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

53

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# 73271630

Frequently Asked Questions

When was property at 198 Clark Street built and last sold?
The property at 198 Clark Street was built in 1951 and last sold on Oct 13, 2021 for $292,000.
How much is this home worth?
The estimated value of the home located at 198 Clark Street is $396,170.
What are some comparable homes to 198 Clark Street?
There are currently no comparable homes to 198 Clark Street.
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