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Gardner 01440
74 Chapel Street
$499,900
● House - Off Market

74 Chapel Street

Gardner, MA 01440
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,472 Ft²
$2,955
Est. Monthly

About This Property

Beautiful one-owner ranch (built by the seller himself)  in desirable neighborhood is ready for you to take over.  First floor has 2 bedrooms that are adjoined by a full bathroom, formal living room with elongated windows, open concept kitchen/dining rooms, sun drenched 4-season room (electric heat) as well as laundry and half bath, all with 9 ft. ceilings.  Lower level is fully finished to include 2 bedrooms, full bath and open concept "summer" kitchen / family room with sliders that lead to exterior patio.  Some of the bonuses include central vac., workshop (plumbed for laundry) and 2 car oversized garage, 2 x 6 construction, security system, all conveniently located close to major routes and area amenities.
Unit Size
1,472 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$340
Property Type
House
Property Taxes
$500
HOA Dues
-
Year Built
2005

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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 months ago (MLSPIN #73282455)

Price History

Date / Event Date Event Price
Nov 13, 2024 Sold
Premium
Sold
Oct 8, 2024 In contract -
In contract
Oct 2, 2024 Price Decreased $499,900
↓ $15K (2.9%)
Price Decreased
Sep 25, 2024 Price Decreased $514,900
↓ $10K (1.9%)
Price Decreased
Sep 18, 2024 Price Increased $524,900
↑ $25K (5%)
Price Increased
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 16,812
  • Total Building Area: 1,280
  • Gross Building Area: 3,712
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000386
  • 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:W27 B:4 L:4B
  • Block: 4
  • Lot: 4B
  • Municipality: GARDNER
  • Latitude: 42.5853
  • Longitude: -71.9597

    Address

  • Full Address: 74 Chapel St
  • Address - House Number: 74
  • Address - Street Name: Chapel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gardner
  • Carrier Code: R001
  • 4-Digit Zip Code: 1702
  • Zip Code: 01440

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $600,200

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 84
  • Final Value: 435,934
  • High Value: 493,697
  • Low Value: 378,171

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $400,400
  • Assessed Land Value: $66,100
  • Assessed Improvements Value: $334,300

    Sales

  • Current Sale Recording Date: Mar 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 24803
  • Previous Sale Recording Date: Mar 02, 2015
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73282455

Frequently Asked Questions

When was property at 74 Chapel Street built and last sold?
The property at 74 Chapel Street was built in 2005 and last sold on Jan 1, 1970 for $3,000.
How much is this home worth?
The estimated value of the home located at 74 Chapel Street is $495,459.
What are some comparable homes to 74 Chapel Street?
There are currently no comparable homes to 74 Chapel Street.
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