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Gardner 01440
58 Elm St
$460,000
● House - Off Market

58 Elm St

Gardner, MA 01440
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,300 Ft²
$655,224
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Unique opportunity to own this grand part of city history. Elm Street Fire Station #3. Listed in the National Register of Historic Places. Originally constructed in 1897 this brick building has undergone extensive renovation and now offers a 3300 SF upper level  w/ spacious Kitchen, Dining and Family room, 4-5 bedroom, 4 full tiled baths, hardwood floors. high ceilings and tons of natural light. The first floor offers an open 56 x 52 equipment bay, perfect for the hobbiest, collector or home business. Energy efficient with updated closed cell insulation, 6 zone gas FHW heat, electrical, roofing and windows. All while maintaining the character and charm of this historic structure.  A rare opportunity to own this amazing restored fire staion!
Unit Size
3,300 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$148
Property Type
House
Property Taxes
$625
HOA Dues
-
Year Built
1897

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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: 6 months ago (MLSPIN #72670594)

Price History

Date / Event Date Event Price
Oct 23, 2020 Sold
Premium
Sold
Jun 9, 2020 Listed by LAER Realty Partners $490,000
Listed by LAER Realty Partners

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1897
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 15
  • Exterior Walls Type: 2
  • 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: 11,618
  • Total Building Area: 4,523
  • Gross Building Area: 13,569
  • Building Area: 4,523
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 4,523
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000267
  • 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:R27 B:23 L:15
  • Block: 23
  • Lot: 15
  • Municipality: GARDNER
  • Latitude: 42.578
  • Longitude: -71.9849

    Address

  • Full Address: 58 Elm St
  • Address - House Number: 58
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gardner
  • Carrier Code: C007
  • 4-Digit Zip Code: 2347
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $849,900

    Appraisal Valuation

  • Standard Deviation: 0.203
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 603,862
  • High Value: 726,498
  • Low Value: 481,226

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $567,000
  • Assessed Land Value: $69,500
  • Assessed Improvements Value: $497,500

    Sales

  • Current Sale Contract Date: Oct 22, 2020
  • Current Sale Recording Date: Oct 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 127369
  • Previous Sale Recording Date: Sep 09, 2011
  • 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:

$391,000

Sale Price/ft²

$235

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2277 ft²

Average Home Age

93.7 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72670594

Frequently Asked Questions

When was property at 58 Elm Street built and last sold?
The property at 58 Elm Street was built in 1897 and last sold on Oct 22, 2020 for $460,000.
How much is this home worth?
The estimated value of the home located at 58 Elm Street is $502,671.
What are some comparable homes to 58 Elm Street?
There are currently no comparable homes to 58 Elm Street.
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