$235,000
●
Condo -
Off Market
48 Olde Colonial #4
Gardner, MA 01440
2 Beds
1 Bath,
1
Half Bath
1,024 Ft²
$1,696
Est. Monthly
$342
HOA / Fees
11.11%
Cap Rate
About This Property
Westminster Woods offers a convenient location just minutes from
Route 2, the commuter rail station, Mount Wachusett Ski Area, Mount
Wachusett Community College, as well as a variety of restaurants,
shopping, and entertainment options. This townhouse-style condo
features a first-floor layout with a kitchen, dining room, living
room with sliding doors to a private deck, and a half bath.
Upstairs, you'll find two generously sized bedrooms and a full
bath. The basement includes a partially finished space and laundry
area. Full complex was updated in 2018 – HOA updates included new
doors/sliders, and composite decks. ***OFFER DEADLINE Sunday, June
8th***
Unit Size
1,024 Ft²
Days on Market
-
Land Size
-
Price per sqft
$220
Property Type
Condo
Property Taxes
$249
HOA Dues
$342
Year Built
-
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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: 2 years ago (MLSPIN #73383647)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jun 10, 2025 | In contract | - | |
| In contract | |||
| Jun 2, 2025 | Listed | $225,000 | |
| Listed | |||
| Dec 1, 2021 | Sold | ||
| Sold | |||
| Aug 13, 2021 | Listed by Century 21 North East | $150,000 | |
| Listed by Century 21 North East | |||
| | |||
|
Westminster Woods is conveniently located a short drive from Route 2, commuter rail station, Mount Wachusett Ski area, Mount Wachusett Community College, restaurants, shopping and entertainment. This Townhouse style condo has 1st floor kitchen, dining Room, living Room with slider to exterior deck and half bath. 2nd floor offers two good size bedrooms and full bath. The basement has one partially finished area with wall board and cement floor. This is an estate sale, seller has never lived in unit. Interior walls need paint, wall to wall carpet and vinyl flooring needs to be replaced. Baths and kitchen are dated. Wall board in basement has signs of moisture.
| |||
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Property Highlights
Parking Available
Parking Details
Parking Features: Off Street, Assigned
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator
Laundry Features: In Basement, In Unit
Rooms: 5
Basement: Y
Exterior Details
Square Footage: 1024
Year Built Source: Public Records
Year Built: 1986
Waterfront Features: Lake/Pond, 1 to 2 Mile To Beach
Building Area Total: 1024
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck - Composite
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $208,100
Tax Annual Amount: $2,988
Utilities Details
Cooling Type: None
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Snow Removal
HOA Fee: $342
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/02/2025
|
2 Bed
|
1 Bath
|
1024 ft²
|
$225,000
2 Bed
1 Bath
1024 ft²
|
$235,000
+4.44%
07/18/2025
|
Jenny Cote
Century 21 North East
| |
|
08/13/2021
|
2 Bed
|
2 Bath
|
1024 ft²
|
$150,000
2 Bed
2 Bath
1024 ft²
|
$140,000
-6.67%
12/01/2021
|
Barry Brown
Century 21 North East
| |
|
06/16/2021
|
2 Bed
|
2 Bath
|
1024 ft²
|
$175,000
2 Bed
2 Bath
1024 ft²
|
$175,000
07/30/2021
|
Anthony Marciello
Brook Realty
| |
|
07/30/2017
| |
2 Bed
|
1.5 Bath
|
1024 ft²
|
-
2 Bed
1.5 Bath
1024 ft²
|
-
-
|
-
|
|
07/13/2017
|
2 Bed
|
1 Bath
|
1024 ft²
|
$99,900
2 Bed
1 Bath
1024 ft²
|
$102,000
+2.10%
09/01/2017
|
Timea Godor
Keller Williams Realty North Central
| |
|
04/09/2010
|
2 Bed
|
1 Bath
|
1024 ft²
|
$89,000
2 Bed
1 Bath
1024 ft²
|
-
-
|
Deborah McCourt
Berkshire Hathaway HomeServices N.E. Prime Properties
| |
|
09/27/2007
|
2 Bed
|
1 Bath
|
1024 ft²
|
$128,500
2 Bed
1 Bath
1024 ft²
|
$115,000
-10.51%
06/20/2008
|
Linda Anderson
Foster-Healey Real Estate
| |
|
08/15/1997
|
2 Bed
|
2 Bath
|
1024 ft²
|
$49,900
2 Bed
2 Bath
1024 ft²
|
$48,500
-2.81%
07/30/1998
|
Carolyn Kamuda
Kamuda Real Estate
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017