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Gardner 01440
331 West St
$275,000
● House - Off Market

331 West St

Gardner, MA 01440
bedrooms
3 Beds
bathrooms
1 Bath
square feet
941 Ft²
$265,900
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

You have to see this highly desired updated 3 bedroom (potentially 4) home. The main floor shares the living room, eat-in kitchen, full bath & 2 bedrooms. The upstairs has 1 more bedroom and a walk-in attic which could easily be turned into additional living space, like another bedroom or office. The home has new floors and paint throughout. The electric has been updated and the home is equipped with 3 different heat sources. The basement has plenty of room for storage and has lots of natural light, including a door to access the back yard. There is a deck off of the kitchen with stairs down to the back yard as well. A stainless steel refrigerator & stove are included, as well as a dryer in the basement. Off street parking. Close to shopping. Only minutes from RT2 for an easy commute. Ready to move right in!
Unit Size
941 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$276
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1954

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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 #72996324)

Price History

Date / Event Date Event Price
Jul 29, 2022 Sold
Premium
Sold
Jun 11, 2022 Listed by Happy Homes Real Estate $259,900
Listed by Happy Homes Real Estate
Dec 17, 2021 Sold
Premium
Sold
Oct 13, 2021 Listed by Happy Homes Real Estate $179,900
Listed by Happy Homes Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 2,630
  • Total Building Area: 941
  • Gross Building Area: 2,404
  • Building Area: 941
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 941
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000060
  • 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:12 L:46
  • Block: 12
  • Lot: 46
  • Municipality: GARDNER
  • Latitude: 42.5815
  • Longitude: -72.0079

    Address

  • Full Address: 331 West St
  • Address - House Number: 331
  • Address - Street Name: West
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gardner
  • Carrier Code: C013
  • 4-Digit Zip Code: 1951
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $354,500

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 282,437
  • High Value: 338,757
  • Low Value: 226,116

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $236,500
  • Assessed Land Value: $56,300
  • Assessed Improvements Value: $180,200

    Sales

  • Current Sale Contract Date: Jul 29, 2022
  • Current Sale Recording Date: Jul 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 83763
  • Previous Sale Recording Date: Dec 17, 2021
  • Previous Sale Contract Date: Nov 17, 2021
  • Previous Sale Amount: $130,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72996324

Frequently Asked Questions

When was property at 331 West Street built and last sold?
The property at 331 West Street was built in 1954 and last sold on Jul 29, 2022 for $275,000.
How much is this home worth?
The estimated value of the home located at 331 West Street is $256,164.
What are some comparable homes to 331 West Street?
There are currently no comparable homes to 331 West Street.
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