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Gardner 01440
263 Park St
$280,000
● House - Off Market

263 Park St

Gardner, MA 01440
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,136 Ft²
$1,637
Est. Monthly

About This Property

Welcome home to this 3-bedroom colonial nestled not far from downtown Gardner. Upon entering you will adore the inviting & spacious open concept dining room and kitchen which boasts newer floors, cabinets and SS appliances. Off the kitchen is a bright living room, full bath & laundry room.   The 2nd floor has 3 bedrooms with wood flooring.  Your new home has a covered side porch and large open yard where you can enjoy the summer months.  Detached garage has room for two vehicles with plenty of additional storage. Easy to show.
Unit Size
1,136 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$242
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
1923

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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 #73190983)

Price History

Date / Event Date Event Price
Feb 23, 2024 Sold
Premium
Sold
Jan 10, 2024 In contract -
In contract
Jan 4, 2024 Listed by Keller Williams Realty North Central $275,000
Listed by Keller Williams Realty North Central
Jun 16, 2022 Sold
Premium
Sold
May 4, 2022 Listed by Keller Williams Realty North Central $239,900
Listed by Keller Williams Realty North Central
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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
  • 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: 8,940
  • Total Building Area: 1,136
  • Gross Building Area: 2,080
  • Building Area: 1,136
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,136
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000205
  • 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:5 L:12
  • Block: 5
  • Lot: 12
  • Municipality: GARDNER
  • Latitude: 42.5846
  • Longitude: -71.9966

    Address

  • Full Address: 263 Park St
  • Address - House Number: 263
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gardner
  • Carrier Code: C004
  • 4-Digit Zip Code: 1640
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $352,100

    Appraisal Valuation

  • Standard Deviation: 0.0853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 278,832
  • High Value: 302,630
  • Low Value: 255,033

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $234,900
  • Assessed Land Value: $61,700
  • Assessed Improvements Value: $173,200

    Sales

  • Current Sale Contract Date: Feb 23, 2024
  • Current Sale Recording Date: Feb 23, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13272
  • Previous Sale Recording Date: Jun 16, 2022
  • Previous Sale Contract Date: Jun 16, 2022
  • Previous Sale Amount: $245,000
  • 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:

$388,200

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2448 ft²

Average Home Age

87.9 years

Currently For Sale

56 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# 73190983

Frequently Asked Questions

When was property at 263 Park Street built and last sold?
The property at 263 Park Street was built in 1923 and last sold on Feb 23, 2024 for $280,000.
How much is this home worth?
The estimated value of the home located at 263 Park Street is $273,204.
What are some comparable homes to 263 Park Street?
There are currently no comparable homes to 263 Park Street.
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