37 Draper Road
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 26, 2026 | Sold | ||
| Sold | |||
| Feb 23, 2026 | In contract | - | |
| In contract | |||
| Feb 17, 2026 | Listed by Coldwell Banker Realty - Leominster | $360,000 | |
| Listed by Coldwell Banker Realty - Leominster | |||
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Welcome to 37 Draper Rd. in Gardner! This charming home offers three bedrooms with the potential for a fourth, giving you flexibility for a home office, guest space, or growing household. A convenient first-floor bathroom and bedroom adds everyday ease, while the enclosed sunroom with a cozy wood stove creates the perfect spot to relax year-round. Enjoy a spacious yard ideal for entertaining, gardening, or simply unwinding outdoors. There have been several updates to this property recently. Washer and dryer hookups add practicality, and the location can’t be beat—close to shopping, restaurants, and all area amenities. With great bones and so much potential, this home is ready for your loving touch to truly make it shine. Don’t miss the opportunity to bring your vision to life at 37 Draper Rd
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| Aug 7, 2020 | Sold | ||
| Sold | |||
| Jun 10, 2020 | Listed by RE/MAX Property Promotions | $184,900 | |
| Listed by RE/MAX Property Promotions | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017