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Gardner 01440
391 Leo Dr.
$244,000
● House - Off Market

391 Leo Dr.

Gardner, MA 01440
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,144 Ft²
$370,241
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Opportunity to purchase a young (built 2014) upgraded ranch in a quiet neighborhood of similar homes. Expanded deck, vinyl siding, gutters, fenced yard with fruit trees and tasteful landscaping. Open concept kitchen/dining with granite counters, pull out shelves, and a custom island. Hardwood floors in the living room, carpeted bedrooms, and multiple ceiling fans. Master bedroom with full bathroom. Over 200 square feet of finished space in the basement with large closets. High efficiency heat and hot water system. Well cared for and absolutely move-in ready.
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$214
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
2014

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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 #72361091)

Price History

Date / Event Date Event Price
Aug 30, 2018 Sold
Premium
Sold
Jul 12, 2018 Listed by Central Mass Real Estate $244,750
Listed by Central Mass Real Estate
Dec 4, 2014 Sold
Premium
Sold

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • 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: 13,970
  • Total Building Area: 1,144
  • Gross Building Area: 2,372
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000321
  • 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:H42 B:24 L:10
  • Block: 24
  • Lot: 10
  • Municipality: GARDNER
  • Latitude: 42.6068
  • Longitude: -72.0177

    Address

  • Full Address: 391 Leo Dr
  • Address - House Number: 391
  • Address - Street Name: Leo
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Gardner
  • Carrier Code: R002
  • 4-Digit Zip Code: 1246
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $573,700

    Appraisal Valuation

  • Standard Deviation: 0.2049
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 411,622
  • High Value: 495,970
  • Low Value: 327,274

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $382,700
  • Assessed Land Value: $71,000
  • Assessed Improvements Value: $311,700

    Sales

  • Current Sale Recording Date: Aug 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 91687
  • Previous Sale Recording Date: Dec 04, 2014
  • Previous Sale Amount: $193,000
  • 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

53

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72361091

Frequently Asked Questions

When was property at 391 Leo Drive built and last sold?
The property at 391 Leo Drive was built in 2014 and last sold on Jan 1, 1970 for $244,000.
How much is this home worth?
The estimated value of the home located at 391 Leo Drive is $248,458.
What are some comparable homes to 391 Leo Drive?
There are currently no comparable homes to 391 Leo Drive.
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