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Gardner 01440
310 Otter River Rd
$120,000
● House - Off Market

310 Otter River Rd

Gardner, MA 01440
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$351,360
RealtyHop Estimate
183.35%
Since Feb 1, 2001
National-US
Primary Model

About This Property

YOU WILL FIND THIS HOME SITTING WAY OFF THE ROAD. RECENT REHAB INCLUDES NEW SEPTIC SYSTEM, CAST IRON BOILER, WALL TO WALL CARPET,ALL FRESH PAINT. MOVE IN CONDITION. YOU WILL NOT SEE THIS HOME DRIVING BY.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$129
Property Type
House
Property Taxes
$131
HOA Dues
-
Year Built
1981

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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 years ago (MLSPIN #30444663)

Price History

Date / Event Date Event Price
Jan 30, 2001 Sold
Premium
Sold
Sep 13, 2000 Listed by Compass Realty $124,000
Listed by Compass Realty
May 16, 2000 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 40,732
  • Total Building Area: 1,921
  • Gross Building Area: 3,465
  • Building Area: 1,921
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,921
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000935
  • 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:C37 B:8 L:28A
  • Block: 8
  • Lot: 28A
  • Municipality: GARDNER
  • Latitude: 42.6037
  • Longitude: -72.0415

    Address

  • Full Address: 310 Otter River Rd
  • Address - House Number: 310
  • Address - Street Name: Otter River
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gardner
  • Carrier Code: R002
  • 4-Digit Zip Code: 1535
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $565,000

    Appraisal Valuation

  • Standard Deviation: 0.2049
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 398,905
  • High Value: 480,651
  • Low Value: 317,160

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $376,900
  • Assessed Land Value: $76,900
  • Assessed Improvements Value: $300,000

    Sales

  • Current Sale Recording Date: Jan 30, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 16, 2000
  • Previous Sale Amount: $71,000
  • Previous Sale Document Type: 34
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:

$389,900

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2245 ft²

Average Home Age

89.1 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 years ago
Data Source: MLS PIN, MLS# 30444663

Frequently Asked Questions

When was property at 310 Otter River Road built and last sold?
The property at 310 Otter River Road was built in 1981 and last sold on Jan 1, 1970 for $120,000.
How much is this home worth?
The estimated value of the home located at 310 Otter River Road is $0.
What are some comparable homes to 310 Otter River Road?
There are currently no comparable homes to 310 Otter River Road.
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