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Gardner 01440
248 Park Street
$255,000
● House - Off Market

248 Park Street

Gardner, MA 01440
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,758 Ft²
$307,421
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

With up to 5 bedrooms and potential for 2 more ( attic space), this home can accommodate families large or small! The floor plan is versatile, it's fully applianced...even a washer and dryer, a Buderus furnace and new oil tank, a whole house fan, multi tiered deck, fire pit, even an outdoor pizza oven/smoker!! The kitchen has tons of storage, there is both a living room and family room, seperate laundry room at the back entrance, and it's conveniently located with access to all amenities and a short distance to Route 2.  Showings start at the Open House on Saturday, August 29, from 10 to 11:30 AM. Masks are required for entry.
Unit Size
1,758 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$131
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1900

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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: 5 years ago (MLSPIN #72716128)

Price History

Date / Event Date Event Price
Oct 1, 2020 Sold
Premium
Sold
Aug 26, 2020 Listed by Lamacchia Realty, Inc. $229,900
Listed by Lamacchia Realty, Inc.
Oct 28, 1999 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • 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: 13,200
  • Total Building Area: 1,758
  • Gross Building Area: 4,162
  • Building Area: 1,758
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,758
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000303
  • 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:M27 B:9 L:41
  • Block: 9
  • Lot: 41
  • Municipality: GARDNER
  • Latitude: 42.5841
  • Longitude: -71.9972

    Address

  • Full Address: 248 Park St
  • Address - House Number: 248
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gardner
  • Carrier Code: C004
  • 4-Digit Zip Code: 1641
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $458,500

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 368,291
  • High Value: 429,798
  • Low Value: 306,785

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $305,900
  • Assessed Land Value: $64,100
  • Assessed Improvements Value: $241,800

    Sales

  • Current Sale Contract Date: Oct 01, 2020
  • Current Sale Recording Date: Oct 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 115728
  • Previous Sale Recording Date: Oct 28, 1999
  • Previous Sale Amount: $13,464
  • 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

$234

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2429 ft²

Average Home Age

93 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72716128

Frequently Asked Questions

When was property at 248 Park Street built and last sold?
The property at 248 Park Street was built in 1900 and last sold on Oct 1, 2020 for $255,000.
How much is this home worth?
The estimated value of the home located at 248 Park Street is $241,199.
What are some comparable homes to 248 Park Street?
There are currently no comparable homes to 248 Park Street.
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