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Gardner 01440
524 West Broadway
$102,000
● House - Off Market

524 West Broadway

Gardner, MA 01440
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$331,606
RealtyHop Estimate
188.38%
Since Oct 1, 2000
National-US
Primary Model

About This Property

IDEAL FOR IN-HOME BUSINESS/PROFESSIONAL OFFICE.RT 2A EXPOSUR APPRX 1 ACRE TO BE SUBDIVIDED FROM LARGER PARCEL.LG ELECTRIC SIGN.CIRCULAR DRIVE, PLUS ROOM FOR EXTRA PARKING. GREAT ALSO FOR LARGE FAMILY!NEEDS COSMETICS/REPAIRS.EASY TO SHOW.VACANT
Unit Size
2,000 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$58
Property Type
House
Property Taxes
$174
HOA Dues
-
Year Built
1917

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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 years ago (MLSPIN #30378217)

Price History

Date / Event Date Event Price
Sep 28, 2023 Sold
Premium
Sold
Sep 22, 2000 Sold
Premium
Sold
Jan 11, 2000 Listed by Networld 2000 $114,990
Listed by Networld 2000
Oct 14, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 6
  • 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: 43,560
  • Total Building Area: 1,920
  • Gross Building Area: 4,325
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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: 707300

Geography

  • Parcel: GARD M:M17 B:8 L:5A
  • Block: 8
  • Lot: 5A
  • Municipality: GARDNER
  • Latitude: 42.5641
  • Longitude: -72.0007

    Address

  • Full Address: 524 W Broadway
  • Address - House Number: 524
  • Street Direction: W
  • Address - Street Name: Broadway
  • State: MA
  • City Name: Gardner
  • Carrier Code: C003
  • 4-Digit Zip Code: 2828
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $445,500

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 373,822
  • High Value: 436,252
  • Low Value: 311,391

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $297,200
  • Assessed Land Value: $77,000
  • Assessed Improvements Value: $220,200

    Sales

  • Current Sale Contract Date: Sep 27, 2023
  • Current Sale Recording Date: Sep 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 80570
  • Previous Sale Recording Date: Sep 22, 2000
  • Previous Sale Amount: $102,000
  • 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:

$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 years ago
Data Source: MLS PIN, MLS# 30378217

Frequently Asked Questions

When was property at 524 West Broadway built and last sold?
The property at 524 West Broadway was built in 1917 and last sold on Sep 27, 2023 for $50,000.
How much is this home worth?
The estimated value of the home located at 524 West Broadway is $0.
What are some comparable homes to 524 West Broadway?
There are currently no comparable homes to 524 West Broadway.
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