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Gardner 01440
406 Stone St
$318,000
● House - Off Market

406 Stone St

Gardner, MA 01440
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,120 Ft²
$471,761
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Welcome to 406 Stone St! This beautiful Spacious Colonial features  First floor features Open concept kitchen with lots of cabinets over looking dining area and cozy living room with pellet stove with plenty of natural lighting coming into this gorgeous home, half bath and formal dining room complete the first floor. 2nd floor features a large master bedroom with jack jill master bath, fantastic walk-in cedar closet, two more nice size bedrooms, with washer/dryer laundry room complete the 2nd floor. This home is situated on 7.5 acres of private gorgeous land with 100 yards of amazing scenic views right from your back deck changing w/ every season! Don't miss out on this fantastic home located on a nice country side dead end street located Close to Rt. 140 & Rt. 2!
Unit Size
2,120 Ft²
Days on Market
-
Land Size
7.53 acres
Price per sqft
$156
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
2005

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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 #72603338)

Price History

Date / Event Date Event Price
Mar 6, 2020 Sold
Premium
Sold
Jan 1, 2020 Listed by Compass $329,900
Listed by Compass

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • 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: 327,894
  • Total Building Area: 2,120
  • Gross Building Area: 4,180
  • Building Area: 2,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,120
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ERIC M OLSON
  • Land Acres: 0000007527
  • 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: 707500

Geography

  • Parcel: GARD M:R47 B:21 L:2
  • Block: 21
  • Lot: 2
  • Municipality: GARDNER
  • Latitude: 42.6164
  • Longitude: -71.9881

    Address

  • Full Address: 406 Stone St
  • Address - House Number: 406
  • Address - Street Name: Stone
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gardner
  • Carrier Code: R003
  • 4-Digit Zip Code: 1150
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $641,600

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 473,905
  • High Value: 554,911
  • Low Value: 392,899

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $428,000
  • Assessed Land Value: $102,600
  • Assessed Improvements Value: $325,400

    Sales

  • Current Sale Contract Date: Feb 26, 2020
  • Current Sale Recording Date: Mar 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24006
  • Previous Sale Recording Date: Sep 27, 2004
  • Previous Sale Document Type: 27
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:

$389,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2530 ft²

Average Home Age

98.1 years

Currently For Sale

48 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# 72603338

Frequently Asked Questions

When was property at 406 Stone Street built and last sold?
The property at 406 Stone Street was built in 2005 and last sold on Feb 26, 2020 for $318,000.
How much is this home worth?
The estimated value of the home located at 406 Stone Street is $340,788.
What are some comparable homes to 406 Stone Street?
There are currently no comparable homes to 406 Stone Street.
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