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Burlington 01803 Havenville
6 Olean Road
$520,000
● House - Off Market

6 Olean Road

Burlington, MA 01803
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,934 Ft²
$749,005
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

Welcome Home to this cozy New England Cape Cod! Pride of ownership shows throughout as soon as you enter. Gleaming hardwood floors, fireplaced living room, spacious dining room, cabinet packed kitchen w/cooktop & wall ovens. Oversized family room, corner gas fireplace, 2nd staircase to 2nd lvl, sliders overlooking rear yard. The second floor has a vaulted master & master bath, 3 additional bedrooms & second full bath. Heated basement. Enjoy the generous size yard with its luscious green lawn and detached garage with its own workshop. Its convenient location allows easy availability to major highways, shopping, and great restaurants that Burlington has to offer, this is truly a home you don't want to miss! 1st Showings start at Open House, Sunday May 5th, 11-1 pm  All offers due by 5:00pm Wednesday May 8th.
Unit Size
1,934 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$271
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1934

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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 #72493111)

Price History

Date / Event Date Event Price
Jun 28, 2019 Sold
Premium
Sold
May 2, 2019 Listed by Competitive Edge Real Estate Services $524,900
Listed by Competitive Edge Real Estate Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,056
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,898
  • Total Building Area: 1,934
  • Gross Building Area: 3,312
  • Building Area: 1,934
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,934
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000296
  • 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:000102
  • Municipality: BURLINGTON
  • Latitude: 42.5175
  • Longitude: -71.2149

    Address

  • Full Address: 6 Olean Rd
  • Address - House Number: 6
  • Address - Street Name: Olean
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Burlington
  • Carrier Code: C004
  • 4-Digit Zip Code: 2042
  • Zip Code: 01803

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $568,500

    Appraisal Valuation

  • Standard Deviation: 0.1793
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 759,890
  • High Value: 896,159
  • Low Value: 623,621

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $635,900
  • Assessed Land Value: $375,300
  • Assessed Improvements Value: $260,600

    Sales

  • Current Sale Contract Date: May 31, 2019
  • Current Sale Recording Date: Jun 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 92105
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

$449

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3582 ft²

Average Home Age

28.6 years

Currently For Sale

16 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

$3,810 /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: 5 months ago
Data Source: MLS PIN, MLS# 72493111

Frequently Asked Questions

When was property at 6 Olean Road built and last sold?
The property at 6 Olean Road was built in 1934 and last sold on May 31, 2019 for $520,000.
How much is this home worth?
The estimated value of the home located at 6 Olean Road is $540,977.
What are some comparable homes to 6 Olean Road?
There are currently no comparable homes to 6 Olean Road.
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