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Hull 02045
5 Olney St
$440,000
● House - Off Market

5 Olney St

Hull, MA 02045
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,302 Ft²
$881,956
RealtyHop Estimate
91.73%
Since Feb 1, 2014
MA-Boston
Primary Model

About This Property

Walk to Atlantic Ocean from 4 bedroom home built in 2002.  Unusual opportunity to live within  walking distance of beautiful  Nantasket Beach  in an upscale cul-de-sac out of the direct path of  storms.   Move-in-condition with hardwood floors, central air and central vacuum.  Expansion potential on 3rd floor with an ocean view.  Vacation year round in the healthiest location.  5 minute ride to Commuter Rail T station, Nantasket Junction.  Commuter T Boat leaves from Hull Village.
Unit Size
2,302 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$200
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
2002

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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 #71605895)

Price History

Date / Event Date Event Price
Jan 21, 2014 Sold
Premium
Sold
Nov 7, 2013 Listed by William Raveis R.E. & Home Services $460,000
Listed by William Raveis R.E. & Home Services
Nov 5, 2003 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,200
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,168
  • Total Building Area: 2,302
  • Gross Building Area: 4,878
  • Building Area: 2,302
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,302
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000463
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hull School District
  • School Tax School District: HULL SD
  • Census Tract: 500103

Zoning

  • Zoning: SFC

Geography

  • Account Number: 39-041
  • District: 142
  • Parcel: HULL M:00039 P:00041
  • Municipality: HULL
  • Latitude: 42.265
  • Longitude: -70.8501

    Address

  • Full Address: 5 Olney St
  • Address - House Number: 5
  • Address - Street Name: Olney
  • Address - Suffix Type: St
  • State: MA
  • City Name: Hull
  • Carrier Code: C010
  • 4-Digit Zip Code: 3194
  • Zip Code: 02045

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $738,100

    Appraisal Valuation

  • Standard Deviation: 0.1859
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 861,209
  • High Value: 1,021,345
  • Low Value: 701,072

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $633,600
  • Assessed Land Value: $315,100
  • Assessed Improvements Value: $318,500

    Sales

  • Current Sale Recording Date: Jan 21, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 00000071
  • Previous Sale Recording Date: Nov 05, 2003
  • Previous Sale Amount: $402,650
  • Previous Sale Document Type: 48
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 Hull

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$469

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2125 ft²

Average Home Age

60.4 years

Currently For Sale

53 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: 4 months ago
Data Source: MLS PIN, MLS# 71605895

Frequently Asked Questions

When was property at 5 Olney Street built and last sold?
The property at 5 Olney Street was built in 2002 and last sold on Jan 1, 1970 for $440,000.
How much is this home worth?
The estimated value of the home located at 5 Olney Street is $491,902.
What are some comparable homes to 5 Olney Street?
There are currently no comparable homes to 5 Olney Street.
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