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Gardner 01440
56 Willis Road
$535,000
● House - Off Market

56 Willis Road

Gardner, MA 01440
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,560 Ft²
$546,020
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Are you looking for a move in ready home conveniently located to route 2? Well look no more! This colonial was built in 1967 with several updates over the years. Attached is a 2-car garage with a drive through access to the back yard where you will find a fenced inground pool. It's 5 bedrooms and 2 baths. There is a first-floor bed and bath available. Master bedroom is on the second floor with a walk-in closet, sky lights, and a fireplace. This home sits on 1 acre of land with a barn that has electricity, and a water line ran to it which isn't currently connected. Bring your horses and or farm animals!
Unit Size
2,560 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$205
Property Type
House
Property Taxes
$560
HOA Dues
-
Year Built
1967

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #73012077)

Price History

Date / Event Date Event Price
Sep 19, 2022 Sold
Premium
Sold
Jul 14, 2022 Listed by LAER Realty Partners $525,000
Listed by LAER Realty Partners
Jul 29, 1997 Sold
Premium
Sold
Mar 12, 1997 Listed by LAER Realty Partners $127,500
Listed by LAER Realty Partners
Dec 1, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 47,916
  • Total Building Area: 2,560
  • Gross Building Area: 4,944
  • Building Area: 2,560
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,560
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001100
  • 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:W22 B:9 L:14
  • Block: 9
  • Lot: 14
  • Municipality: GARDNER
  • Latitude: 42.5731
  • Longitude: -71.9613

    Address

  • Full Address: 56 Willis Rd
  • Address - House Number: 56
  • Address - Street Name: Willis
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gardner
  • Carrier Code: R001
  • 4-Digit Zip Code: 2448
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $694,800

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 539,215
  • High Value: 627,188
  • Low Value: 451,241

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $463,500
  • Assessed Land Value: $77,400
  • Assessed Improvements Value: $386,100

    Sales

  • Current Sale Contract Date: Sep 19, 2022
  • Current Sale Recording Date: Sep 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 102578
  • Previous Sale Recording Date: Jul 29, 1997
  • Previous Sale Amount: $125,000
  • 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:

$389,900

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2245 ft²

Average Home Age

89.1 years

Currently For Sale

56 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: 5 months ago
Data Source: MLS PIN, MLS# 73012077

Frequently Asked Questions

When was property at 56 Willis Road built and last sold?
The property at 56 Willis Road was built in 1967 and last sold on Sep 19, 2022 for $535,000.
How much is this home worth?
The estimated value of the home located at 56 Willis Road is $525,483.
What are some comparable homes to 56 Willis Road?
There are currently no comparable homes to 56 Willis Road.
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