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Burlington 01803 Havenville
18 Olean Rd
$452,100
● House - Off Market

18 Olean Rd

Burlington, MA 01803
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,268 Ft²
$696,093
RealtyHop Estimate
54.72%
Since Feb 1, 2018
MA-Boston
Primary Model

About This Property

Situated on a dead end street yet convenient to all area amenities, this Royal Barry Wills design was custom built in 1959 and offers a great layout for the growing family.  Spacious cape features 5 bedrooms with the option of a 1st floor master, an oversized eat in kitchen, dining room attached by french doors to a den and formal living all on the first living level.  Custom built-ins in bedrooms and common living spaces make for great storage and endless charm.  Lower level is walk out and features an oversized family room with additional fireplace.  One car garage, newer roof and newer gas furnace are some of the additional great features.  Build more equity by upgrading rooms and bringing your finishing touches.  This one is worth a look.
Unit Size
2,268 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$198
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1959

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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 #72260158)

Price History

Date / Event Date Event Price
Mar 10, 2021 Sold
Premium
Sold
Oct 18, 2020 Listed by EXIT Premier Real Estate $659,900
Listed by EXIT Premier Real Estate
Jan 24, 2018 Sold
Premium
Sold
Nov 30, 2017 Listed by EXIT Premier Real Estate $449,900
Listed by EXIT Premier Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,224
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,502
  • Total Building Area: 1,966
  • Gross Building Area: 3,584
  • Building Area: 1,966
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,966
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Burlington School District
  • School Tax School District: BURLINGTON SD
  • Census Tract: 332300

Zoning

  • Zoning: RO

Geography

  • Parcel: BURL M:000016 P:000107
  • Municipality: BURLINGTON
  • Latitude: 42.5166
  • Longitude: -71.2129

    Address

  • Full Address: 18 Olean Rd
  • Address - House Number: 18
  • Address - Street Name: Olean
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Burlington
  • Carrier Code: C004
  • 4-Digit Zip Code: 2041
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $588,700

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 787,461
  • High Value: 924,768
  • Low Value: 650,154

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $658,500
  • Assessed Land Value: $372,800
  • Assessed Improvements Value: $285,700

    Sales

  • Current Sale Contract Date: Mar 10, 2021
  • Current Sale Recording Date: Mar 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53640
  • Previous Sale Recording Date: Jan 24, 2018
  • Previous Sale Amount: $452,100
  • Previous Sale Document Type: O
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 Havenville

Stats & Trends

Median Asking:

$799,900

Sale Price/ft²

$450

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3106 ft²

Average Home Age

30.5 years

Currently For Sale

13 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

Unit for rent at 20 Corporate Drive, Burlington, MA, 01803

$3,605 /mo

  • 3 Beds
  • 2 Baths
  • 1,308 ft²
20 Corporate Drive #C2DHS, Burlington, MA, 01803 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72260158

Frequently Asked Questions

When was property at 18 Olean Road built and last sold?
The property at 18 Olean Road was built in 1959 and last sold on Mar 10, 2021 for $650,000.
How much is this home worth?
The estimated value of the home located at 18 Olean Road is $658,469.
What are some comparable homes to 18 Olean Road?
There are currently no comparable homes to 18 Olean Road.
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