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Watertown Town 02472 Watertown West End
41 Olney St
$460,000
● House - Off Market

41 Olney St

Watertown, MA 02472
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,670 Ft²
$877,292
RealtyHop Estimate
75.81%
Since Jan 1, 2016
MA-Boston
Primary Model

About This Property

The search ends here! Beautiful home in the heart of Watertown. Perfect for entertaining with wonderful flow throughout. Spacious and bright, plenty of room to make a 5 course meal in the huge kitchen. Spend those summer days and fall nights on the large back deck overlooking your private yard. Original hardwood floors throughout. First floor laundry, updated electrical, jacuzzi tub, up to three parking spaces and ample storage make this 4-bedroom home a true gem. Seller to provide $5K credit at closing to go towards new exterior painting or siding.
Unit Size
1,670 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$299
Property Type
House
Property Taxes
$511
HOA Dues
-
Year Built
1900

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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: 5 months ago (MLSPIN #71908198)

Price History

Date / Event Date Event Price
Dec 29, 2015 Sold
Premium
Sold
Sep 22, 2015 Listed by Keller Williams Realty $499,000
Listed by Keller Williams Realty
May 4, 1999 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 1
  • 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: 664
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,999
  • Total Building Area: 1,636
  • Gross Building Area: 3,096
  • Building Area: 1,636
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,636
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Watertown School District
  • School Tax School District: WATERTOWN SD
  • Census Tract: 370101

Zoning

  • Zoning: T

Geography

  • Account Number: 33820-07
  • Parcel: WATE M:0601 B:0014 L:0030
  • Block: 14
  • Lot: 30
  • Municipality: WATERTOWN
  • Latitude: 42.3726
  • Longitude: -71.1952

    Address

  • Full Address: 41 Olney St
  • Address - House Number: 41
  • Address - Street Name: Olney
  • Address - Suffix Type: St
  • State: MA
  • City Name: Watertown
  • Carrier Code: C007
  • 4-Digit Zip Code: 1754
  • Zip Code: 02472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $958,600

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 843,006
  • High Value: 989,603
  • Low Value: 696,409

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $705,900
  • Assessed Land Value: $460,400
  • Assessed Improvements Value: $245,500

    Sales

  • Current Sale Recording Date: Dec 29, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 220285
  • Previous Sale Recording Date: May 04, 1999
  • Previous Sale Amount: $180,000
  • 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 Watertown West End

Stats & Trends

Median Asking:

$795,000

Sale Price/ft²

$518

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1977 ft²

Average Home Age

79.2 years

Currently For Sale

41 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 Watertown St., Watertown, MA, 02472

$3,580 /mo

  • 2 Beds
  • 2 Baths
  • 1,322 ft²
20 Watertown St. #2 Bedrooms J, Watertown, MA, 02472 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71908198

Frequently Asked Questions

When was property at 41 Olney Street built and last sold?
The property at 41 Olney Street was built in 1900 and last sold on Jan 1, 1970 for $460,000.
How much is this home worth?
The estimated value of the home located at 41 Olney Street is $520,153.
What are some comparable homes to 41 Olney Street?
There are currently no comparable homes to 41 Olney Street.
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