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Gardner 01440
47 Summer St
$66,500
● House - Off Market

47 Summer St

Gardner, MA 01440
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,317 Ft²
$117,251
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Investors take notice...Looking for a property to flip? This rehab property interior has been partially demo'd on 1st floor to feature an open concept floor plan. Some demo has been done to the 2nd floor bath and bedrooms. Ready for an investor to bring this project to completion. Definitely will be a nice starter property once completed. Seller has never lived in property, the buyer and buyer agent shall verify all information and perform due diligence. Sold "as is". Cash sale only.
Unit Size
1,317 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$61
Property Type
House
Property Taxes
$189
HOA Dues
-
Year Built
1900

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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 #72557150)

Price History

Date / Event Date Event Price
Aug 3, 2021 Sold
Premium
Sold
May 25, 2021 Listed by Stanford Realty Associates $330,000
Listed by Stanford Realty Associates
Mar 15, 2021 Sold
Premium
Sold
Jan 27, 2021 Listed by Stanford Realty Associates $299,000
Listed by Stanford Realty Associates
Sep 17, 2019 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 5,095
  • Total Building Area: 1,317
  • Gross Building Area: 3,011
  • Building Area: 1,317
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,317
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000117
  • 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: 707100

Geography

  • Parcel: GARD M:R17 B:24 L:44
  • Block: 24
  • Lot: 44
  • Municipality: GARDNER
  • Latitude: 42.5589
  • Longitude: -71.9784

    Address

  • Full Address: 47 Summer St
  • Address - House Number: 47
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gardner
  • Carrier Code: C002
  • 4-Digit Zip Code: 3329
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $507,100

    Appraisal Valuation

  • Standard Deviation: 0.1892
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 392,856
  • High Value: 467,189
  • Low Value: 318,524

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $338,300
  • Assessed Land Value: $59,700
  • Assessed Improvements Value: $278,600

    Sales

  • Current Sale Contract Date: Aug 02, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 108698
  • Previous Sale Recording Date: Mar 15, 2021
  • Previous Sale Contract Date: Mar 12, 2021
  • Previous Sale Amount: $330,000
  • 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

$232

Below Asking

0.02%

Average Days on Market

53

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72557150

Frequently Asked Questions

When was property at 47 Summer Street built and last sold?
The property at 47 Summer Street was built in 1900 and last sold on Aug 2, 2021 for $344,000.
How much is this home worth?
The estimated value of the home located at 47 Summer Street is $330,095.
What are some comparable homes to 47 Summer Street?
There are currently no comparable homes to 47 Summer Street.
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