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Gardner 01440
404 Leo Drive
$442,000
● House - Off Market

404 Leo Drive

Gardner, MA 01440
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,850 Ft²
$423,741
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

LOOKING FOR A GREAT HOUSE IN AN A+ LOCATION? Your search is over! Located in one of Gardner's most sought after neighborhoods, this young Raised Ranch features a open concept floor plan with spacious Kitchen/ Dining with stainless steel appliances and granite countertops and large Living room. Primary Bedroom with Full Bath, two generously sized bedrooms and additional Full Bath. Lower level offers additional finished space perfect for family room, office or 4th bedroom. Laundry room and high efficiency furnace. Outside enjoy the spacious deck with sliders into Kitchen and large level fenced in backyard. 2 car garage and convenient location with nearby conservation trails, golf course shopping and area amenities. Showings Begin at the OPEN HOUSE on Sunday, April 23rd 11:30 - 1:30.
Unit Size
1,850 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$230
Property Type
House
Property Taxes
$518
HOA Dues
-
Year Built
2015

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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 #73101275)

Price History

Date / Event Date Event Price
Jul 7, 2023 Sold
Premium
Sold
Apr 27, 2023 In contract -
In contract
Apr 20, 2023 Listed by Foster-Healey Real Estate $424,900
Listed by Foster-Healey Real Estate
Aug 25, 2017 Sold
Premium
Sold
Jun 15, 2017 Listed by Foster-Healey Real Estate $239,900
Listed by Foster-Healey Real Estate
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • 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: 10,970
  • Total Building Area: 1,850
  • Gross Building Area: 3,195
  • Building Area: 1,850
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,850
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000252
  • 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:5
  • Block: 24
  • Lot: 5
  • Municipality: GARDNER
  • Latitude: 42.6074
  • Longitude: -72.0184

    Address

  • Full Address: 404 Leo Dr
  • Address - House Number: 404
  • Address - Street Name: Leo
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Gardner
  • Carrier Code: R002
  • 4-Digit Zip Code: 1294
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $638,100

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 472,773
  • High Value: 553,966
  • Low Value: 391,581

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $425,700
  • Assessed Land Value: $62,200
  • Assessed Improvements Value: $363,500

    Sales

  • Current Sale Contract Date: Jul 07, 2023
  • Current Sale Recording Date: Jul 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 54307
  • Previous Sale Recording Date: Aug 25, 2017
  • Previous Sale Amount: $241,000
  • 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73101275

Frequently Asked Questions

When was property at 404 Leo Drive built and last sold?
The property at 404 Leo Drive was built in 2015 and last sold on Jul 7, 2023 for $442,000.
How much is this home worth?
The estimated value of the home located at 404 Leo Drive is $425,718.
What are some comparable homes to 404 Leo Drive?
There are currently no comparable homes to 404 Leo Drive.
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