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Gardner 01440
601 Matthews St
$320,000
● House - Off Market

601 Matthews St

Gardner, MA 01440
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,893 Ft²
$461,280
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Set back off the road, this home has much to offer! The lovely kitchen looks out over the private backyard with a formal dining room to match. The sliders and windows allows natural light to pour into the spacious living room. On the second level you'll find three large bedrooms and a bonus office or extra room. As you pass through the bonus room you'll enter the grand master bedroom with double closets and master suite with sliders that open to the deck. The lower level of the home has a finished bonus room, formerly used as a play room and ready for your touches to be added. This is a home and neighborhood with privacy you don't typically get in a neighborhood.
Unit Size
1,893 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$174
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
1999

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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: 5 years ago (MLSPIN #72644938)

Price History

Date / Event Date Event Price
Jun 12, 2020 Sold
Premium
Sold
Apr 17, 2020 Listed by Morin Real Estate $329,000
Listed by Morin Real Estate
May 28, 1999 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 26,592
  • Total Building Area: 1,893
  • Gross Building Area: 4,452
  • Building Area: 1,893
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,893
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEARLY LANE
  • Land Acres: 0000000610
  • 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:W37 B:24 L:19
  • Block: 24
  • Lot: 19
  • Municipality: GARDNER
  • Latitude: 42.5969
  • Longitude: -71.9626

    Address

  • Full Address: 601 Matthews St
  • Address - House Number: 601
  • Address - Street Name: Matthews
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gardner
  • Carrier Code: R003
  • 4-Digit Zip Code: 1367
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $693,600

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 485,498
  • High Value: 570,475
  • Low Value: 400,522

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $462,700
  • Assessed Land Value: $71,200
  • Assessed Improvements Value: $391,500

    Sales

  • Current Sale Contract Date: Jun 12, 2020
  • Current Sale Recording Date: Jun 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 61719
  • Previous Sale Recording Date: May 28, 1999
  • Previous Sale Amount: $131,752
  • 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:

$388,200

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2448 ft²

Average Home Age

87.9 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 years ago
Data Source: MLS PIN, MLS# 72644938

Frequently Asked Questions

When was property at 601 Matthews Street built and last sold?
The property at 601 Matthews Street was built in 1999 and last sold on Jun 12, 2020 for $320,000.
How much is this home worth?
The estimated value of the home located at 601 Matthews Street is $0.
What are some comparable homes to 601 Matthews Street?
There are currently no comparable homes to 601 Matthews Street.
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