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Methuen Town 01844
63 Olympic Village Dr
$650,000
● House - Off Market

63 Olympic Village Dr

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,026 Ft²
$659,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Welcome Home to desirable Olympic Village in Methuen. Picturesque Tree Lined Streets, Large Lots and Beautiful Homes fill the neighborhood. Step inside this classic center entrance 4 bed 2 bath colonial and do nothing but unpack your bags. The entire house has been freshly painted and upgraded lighting illuminates the home. The first floor features an open concept kitchen, dining room, living room w/fireplace, family room and full bath. The 2nd floor boasts 4 generous sized bedrooms with large closets, full bath and 2nd floor laundry. The attached 2 car garage leads to a finished basement flex space. Walk off the kitchen to the screened in back porch, deck, patio, above ground pool and fully fenced in yard great entertaining all year long. This neighborhood is truly the perfect place for trick or treating this fall!
Unit Size
2,026 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$325
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1982

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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 #73160780)

Price History

Date / Event Date Event Price
Nov 9, 2023 Sold
Premium
Sold
Oct 4, 2023 In contract -
In contract
Sep 19, 2023 Listed by CDG Realty Group $659,000
Listed by CDG Realty Group
Sep 16, 2021 Sold
Premium
Sold
Jul 22, 2021 Listed by CDG Realty Group $599,999
Listed by CDG Realty Group

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 7
  • 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: 816
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 32,465
  • Total Building Area: 1,863
  • Gross Building Area: 2,708
  • Building Area: 1,863
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,863
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000745
  • 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: 13474
  • Parcel: METH M:00908 B:00079 L:00019U
  • Block: 79
  • Lot: 19U
  • Municipality: METHUEN
  • Latitude: 42.7554
  • Longitude: -71.1513

    Address

  • Full Address: 63 Olympic Village Dr
  • Address - House Number: 63
  • 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: $562,900

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 675,016
  • High Value: 728,955
  • Low Value: 621,077

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,100
  • Assessed Land Value: $231,200
  • Assessed Improvements Value: $249,900

    Sales

  • Current Sale Contract Date: Nov 06, 2023
  • Current Sale Recording Date: Nov 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18661
  • Previous Sale Recording Date: Sep 16, 2021
  • Previous Sale Contract Date: Sep 16, 2021
  • Previous Sale Amount: $590,000
  • Previous Sale Document Type: O
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

2190 ft²

Average Home Age

60.7 years

Currently For Sale

75 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# 73160780

Frequently Asked Questions

When was property at 63 Olympic Village Drive built and last sold?
The property at 63 Olympic Village Drive was built in 1982 and last sold on Nov 6, 2023 for $650,000.
How much is this home worth?
The estimated value of the home located at 63 Olympic Village Drive is $660,998.
What are some comparable homes to 63 Olympic Village Drive?
There are currently no comparable homes to 63 Olympic Village Drive.
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