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Methuen Town 01844
30 Olive St
$355,000
● House - Off Market

30 Olive St

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,304 Ft²
$571,688
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Lovingly cared  for , 4 tastefully appointed  bedrooms in Center entrance colonial home in well established  East Methuen  neighborhood  ,with     over  $58,000. of    Interior and  Exterior AND   Itemized   IMPROVEMENTS , such as  interior  basement perimeter drains,  newer  roof ,covered  Outdoor Hot tub  / Spa    and   Inground  pool  and  oversized  Garage .         ORIGINALLY BUILT as a  2 FAMILY home like others nearby, and may be suitable  to revert  back , or use   AS  IS, for an EXTENDED  FAMILY ,      LARGE WALK UP ATTIC,   with high ceilings  and skylights , lends itself to many possible uses.
Unit Size
2,304 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$156
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72159643)

Price History

Date / Event Date Event Price
Sep 29, 2017 Sold
Premium
Sold
May 5, 2017 Listed by RE/MAX Insight $359,000
Listed by RE/MAX Insight

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,111
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 6,499
  • Total Building Area: 2,304
  • Gross Building Area: 4,778
  • Building Area: 2,304
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,304
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Methuen School District
  • School Tax School District: METHUEN SD
  • Census Tract: 252501

Zoning

  • Zoning: RC

Geography

  • Account Number: 4357
  • Parcel: METH M:00914 B:00098 L:00038
  • Block: 98
  • Lot: 38
  • Municipality: METHUEN
  • Latitude: 42.7244
  • Longitude: -71.155

    Address

  • Full Address: 30 Olive St
  • Address - House Number: 30
  • Address - Street Name: Olive
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C023
  • 4-Digit Zip Code: 7513
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $545,800

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 588,033
  • High Value: 687,586
  • Low Value: 488,481

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $466,500
  • Assessed Land Value: $159,600
  • Assessed Improvements Value: $306,900

    Sales

  • Current Sale Recording Date: Sep 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25415
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 Methuen Town

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$325

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2218 ft²

Average Home Age

55.9 years

Currently For Sale

79 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72159643

Frequently Asked Questions

When was property at 30 Olive Street built and last sold?
The property at 30 Olive Street was built in 1940 and last sold on Jan 1, 1970 for $355,000.
How much is this home worth?
The estimated value of the home located at 30 Olive Street is $381,012.
What are some comparable homes to 30 Olive Street?
There are currently no comparable homes to 30 Olive Street.
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