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Methuen Town 01844
62 Olympic Village Drive
$630,000
● House - Off Market

62 Olympic Village Drive

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,998 Ft²
$650,024
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Welcome Home to this Pristine four bedroom 2.5bathwith a  gorgeous kitchen with maple cabinets  tile backsplash, Curava counters, and  stainless steel appliances. Master Suite complete with walk-in closet and full bath and deck overlooking the gardens. There is also a half bath with laundry on first floor. Truly move in ready! Vinyl sided and beautifully landscaped yard and gardens. Amazing opportunity to live in the desirable CGS district. Showing begin on 7/23/2022 at open house 1-3 and 7/24/2022 11-1 Seller to find suitable housing.
Unit Size
1,998 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$313
Property Type
House
Property Taxes
$450
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: 6 months ago (MLSPIN #73013371)

Price History

Date / Event Date Event Price
Sep 9, 2022 Sold
Premium
Sold
Jul 16, 2022 Listed by Coco, Early & Associates $625,000
Listed by Coco, Early & Associates

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 720
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 23,400
  • Total Building Area: 1,998
  • Gross Building Area: 4,450
  • Building Area: 1,998
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,998
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000537
  • 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: 5332
  • Parcel: METH M:00908 B:00079 L:00019Z
  • Block: 79
  • Lot: 19Z
  • Municipality: METHUEN
  • Latitude: 42.7561
  • Longitude: -71.1514

    Address

  • Full Address: 62 Olympic Village Dr
  • Address - House Number: 62
  • Address - Street Name: Olympic Village
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Methuen
  • Carrier Code: R015
  • 4-Digit Zip Code: 4159
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $581,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 657,533
  • High Value: 770,123
  • Low Value: 544,942

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $496,900
  • Assessed Land Value: $208,500
  • Assessed Improvements Value: $288,400

    Sales

  • Current Sale Contract Date: Sep 07, 2022
  • Current Sale Recording Date: Sep 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21272
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

2129 ft²

Average Home Age

55.9 years

Currently For Sale

71 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: 6 months ago
Data Source: MLS PIN, MLS# 73013371

Frequently Asked Questions

When was property at 62 Olympic Village Drive built and last sold?
The property at 62 Olympic Village Drive was built in 1982 and last sold on Sep 7, 2022 for $630,000.
How much is this home worth?
The estimated value of the home located at 62 Olympic Village Drive is $631,419.
What are some comparable homes to 62 Olympic Village Drive?
There are currently no comparable homes to 62 Olympic Village Drive.
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