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Gardner 01440
24 Montvale Rd
$380,000
● House - Off Market

24 Montvale Rd

Gardner, MA 01440
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,278 Ft²
$347,717
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Accessible ranch home in desirable South Gardner now on market!  Level lot in an established neighborhood with a sunny backyard perfect for entertaining, grilling and celebrating this fall's upcoming holidays!  Spacious living room with a wall of windows lets sunlight beam in across your hardwood floors -  plus a wood burning fireplace to use this winter for ambience and warmth!  A tiled kitchen with gray cabinetry, peninsula and dining area, tiled bath with walk in shower, and three bedrooms all with hardwood floors.  More bonus space in the partially finished basement area with 3/4 bath, laundry room w/utility sink, plus plenty of storage and closets.  Vinyl siding & windows, newer oil tank (2018), and insulation through MassSave.
Unit Size
1,278 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$274
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1958

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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 #73145723)

Price History

Date / Event Date Event Price
Sep 25, 2023 Sold
Premium
Sold
Aug 21, 2023 In contract -
In contract
Aug 8, 2023 Listed by Acres Away Realty, Inc. $349,900
Listed by Acres Away Realty, Inc.
Feb 2, 2015 Sold
Premium
Sold
Nov 11, 2014 Listed by Acres Away Realty, Inc. $152,000
Listed by Acres Away Realty, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 13,503
  • Total Building Area: 1,278
  • Gross Building Area: 2,892
  • Building Area: 1,278
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,278
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • 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: 707100

Geography

  • Parcel: GARD M:R12 B:14 L:54
  • Block: 14
  • Lot: 54
  • Municipality: GARDNER
  • Latitude: 42.5521
  • Longitude: -71.9804

    Address

  • Full Address: 24 Montvale Rd
  • Address - House Number: 24
  • Address - Street Name: Montvale
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gardner
  • Carrier Code: C009
  • 4-Digit Zip Code: 3533
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $436,200

    Appraisal Valuation

  • Standard Deviation: 0.1968
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 357,128
  • High Value: 427,445
  • Low Value: 286,811

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $291,000
  • Assessed Land Value: $70,700
  • Assessed Improvements Value: $220,300

    Sales

  • Current Sale Contract Date: Sep 25, 2023
  • Current Sale Recording Date: Sep 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 79584
  • Previous Sale Recording Date: Feb 02, 2015
  • Previous Sale Amount: $143,000
  • 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# 73145723

Frequently Asked Questions

When was property at 24 Montvale Road built and last sold?
The property at 24 Montvale Road was built in 1958 and last sold on Sep 25, 2023 for $380,000.
How much is this home worth?
The estimated value of the home located at 24 Montvale Road is $349,892.
What are some comparable homes to 24 Montvale Road?
There are currently no comparable homes to 24 Montvale Road.
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