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Methuen Town 01844
35 Olympic Village Dr
$310,000
● House - Off Market

35 Olympic Village Dr

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,999 Ft²
$603,494
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model

About This Property

Do not miss this beautifully maintained Gambrel Colonial on the desirable Olympic Village Dr. in Methuen. Only 2 homes have changed owners on this street in the past 10 years! Newer roof, furnace, and central air system have been installed. Partially finished basement makes for great play room, and first floor bedroom would be a perfect office. Gorgeous yard and great deck off the back of the house. This one won't last!
Unit Size
1,999 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$160
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1982

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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: 5 months ago (MLSPIN #71629471)

Price History

Date / Event Date Event Price
Apr 30, 2014 Sold
Premium
Sold
Feb 3, 2014 Listed by Century 21 McLennan & Company $319,900
Listed by Century 21 McLennan & Company
Aug 1, 2002 Sold
Premium
Sold
May 2, 2002 Listed by Century 21 McLennan & Company $309,900
Listed by Century 21 McLennan & Company

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,000
  • Total Building Area: 2,040
  • Gross Building Area: 2,681
  • Building Area: 2,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000482
  • 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: 252602

Zoning

  • Zoning: RA

Geography

  • Account Number: 9301
  • Parcel: METH M:00908 B:00079 L:00019M
  • Block: 79
  • Lot: 19M
  • Municipality: METHUEN
  • Latitude: 42.7538
  • Longitude: -71.1533

    Address

  • Full Address: 35 Olympic Village Dr
  • Address - House Number: 35
  • Address - Street Name: Olympic Village
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Methuen
  • Carrier Code: R015
  • 4-Digit Zip Code: 4158
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $535,400

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 615,222
  • High Value: 723,578
  • Low Value: 506,866

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $457,600
  • Assessed Land Value: $202,500
  • Assessed Improvements Value: $255,100

    Sales

  • Current Sale Recording Date: Apr 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8497
  • Previous Sale Recording Date: Aug 01, 2002
  • Previous Sale Amount: $309,900
  • 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 Methuen Town

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$327

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2186 ft²

Average Home Age

58.3 years

Currently For Sale

74 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: 5 months ago
Data Source: MLS PIN, MLS# 71629471

Frequently Asked Questions

When was property at 35 Olympic Village Drive built and last sold?
The property at 35 Olympic Village Drive was built in 1982 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 35 Olympic Village Drive is $336,459.
What are some comparable homes to 35 Olympic Village Drive?
There are currently no comparable homes to 35 Olympic Village Drive.
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