Active
281 Days on market
380 Elm Street #2 Gardner — Photo 1 of 1

380 Elm Street #2 Gardner — Photo 1 of 1

$325,000

Investment Analysis — 380 Elm Street #2

Gardner, MA 01440

Based on rent reported on the MLS listing, a home in 01440 carries $2,265/mo in gross rent — about a 5.37% cap rate and $17,456/yr in estimated NOI at the $325,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

--

Baths

--

SqFt

1,456

Style

Other

Built

1979

Attention Investors! Professional office condominium starting 3rd year of 5 year lease with option for 5 year renewal. NNN lease with annual escalation. Currently 8% CAP rate.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$325,000
Annual Taxes$3,201

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
Water--
Sewer--

Building & Exterior

Construction--
Roof--
Foundation--
ZoningC1

Property & Lot

Acres0.03
SqFt Lot1,456
Lot Features--

Geography

Listing Provided By

Listing Agent: Wendy Poudrette

Listing Office: Foster-Healey Real Estate

MLS® Number: 73460151