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Gardner 01440
396 Leo Drive
$234,900
● House - Off Market

396 Leo Drive

Gardner, MA 01440
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,400 Ft²
$388,126
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Beautiful reverse Garrison Colonial with energy efficient 2X6 framing, on a large level lot, buffered by woods in the back and located on a quiet side street in a neighborhood of quality new homes.  Underground utilities for a clean and uncluttered view around the neighborhood.   Equipped with a large two car garage, 1st floor laundry, large open concept eat-in kitchen with granite countertops, sliders to the back deck, and a living space that flows into the bright and sunny living room.  Separate formal dinning room or office.  Wide open basement with high ceilings and efficient heating system.  2nd floor with tasteful paint, 3 nicely sized bedrooms, and a full bath.  Call or email for a private showing.  Realtors, please use Showingtime for all requests.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$164
Property Type
House
Property Taxes
$350
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 #72028710)

Price History

Date / Event Date Event Price
Sep 16, 2016 Sold
Premium
Sold
Jun 23, 2016 Listed by Central Mass Real Estate $229,900
Listed by Central Mass Real Estate
Dec 6, 2013 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • 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: 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: 12,065
  • Total Building Area: 1,400
  • Gross Building Area: 2,872
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000277
  • 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:6
  • Block: 24
  • Lot: 6
  • Municipality: GARDNER
  • Latitude: 42.607
  • Longitude: -72.0184

    Address

  • Full Address: 396 Leo Dr
  • Address - House Number: 396
  • Address - Street Name: Leo
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Gardner
  • Carrier Code: R002
  • 4-Digit Zip Code: 1266
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $583,600

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 442,385
  • High Value: 519,816
  • Low Value: 364,955

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $389,300
  • Assessed Land Value: $69,800
  • Assessed Improvements Value: $319,500

    Sales

  • Current Sale Recording Date: Sep 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 104518
  • Previous Sale Recording Date: Dec 06, 2013
  • Previous Sale Amount: $206,330
  • 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72028710

Frequently Asked Questions

When was property at 396 Leo Drive built and last sold?
The property at 396 Leo Drive was built in 2014 and last sold on Jan 1, 1970 for $234,900.
How much is this home worth?
The estimated value of the home located at 396 Leo Drive is $238,165.
What are some comparable homes to 396 Leo Drive?
There are currently no comparable homes to 396 Leo Drive.
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