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Gardner 01440
280 Elm Street
$153,000
● House - Off Market

280 Elm Street

Gardner, MA 01440
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,351 Ft²
$251,699
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model

About This Property

This three bedroom, one and a half bath cape style home with attached garage is ready for immediate occupancy and is priced to sell.  Located just minutes from Route 2, but convenient to schools, hospital, and recreational areas, this property offers a desirable lay out and boasts some interesting architectural details - stained glass on the front door is welcoming, ornate detail on the banister of the stairs leading to the second floor, beautiful pocket doors separating the living and dining rooms with original hardwood flooring.  Nice size, level yard is a plus.  Needs a little work, but this one is worth the effort.
Unit Size
1,351 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$111
Property Type
House
Property Taxes
$240
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: 4 months ago (MLSPIN #72101599)

Price History

Date / Event Date Event Price
Jan 27, 2017 Sold
Premium
Sold
Dec 14, 2016 Listed by Jackie Leger Real Estate Services $149,900
Listed by Jackie Leger Real Estate Services
Jan 30, 2015 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • 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: 10,890
  • Total Building Area: 1,351
  • Gross Building Area: 2,861
  • Building Area: 1,351
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,351
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • 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: 707500

Geography

  • Parcel: GARD M:R22 B:18 L:1
  • Block: 18
  • Lot: 1
  • Municipality: GARDNER
  • Latitude: 42.5709
  • Longitude: -71.9824

    Address

  • Full Address: 280 Elm St
  • Address - House Number: 280
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gardner
  • Carrier Code: C007
  • 4-Digit Zip Code: 3923
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $419,400

    Appraisal Valuation

  • Standard Deviation: 0.2049
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 324,834
  • High Value: 391,399
  • Low Value: 258,270

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $279,800
  • Assessed Land Value: $62,800
  • Assessed Improvements Value: $217,000

    Sales

  • Current Sale Recording Date: Jan 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10275
  • Previous Sale Recording Date: Jan 30, 2015
  • Previous Sale Amount: $97,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72101599

Frequently Asked Questions

When was property at 280 Elm Street built and last sold?
The property at 280 Elm Street was built in 1900 and last sold on Jan 1, 1970 for $153,000.
How much is this home worth?
The estimated value of the home located at 280 Elm Street is $160,900.
What are some comparable homes to 280 Elm Street?
There are currently no comparable homes to 280 Elm Street.
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