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Ambridge 15003
644 Olive Ln
$48,000
● House - Off Market

644 Olive Ln

Ambridge, PA 15003
bedrooms
4 Beds
bathrooms
1 Bath
$405
Est. Monthly
46.48%
Cap Rate

About This Property

Welcome to 644 Olive Ln! This 4-bedroom 1 bath home is a fantastic opportunity for homeowners and investors alike! Built in 1908, this home combines charm with modern amenities. The main level features a master bedroom, providing convenience and flexibility. Additional highlights include a covered front porch, a private fenced in back yard and the potential for a half bath on the second level. It's prime location ensures easy access to schools, public transportation, shopping and dining. Whether you're looking for your next home or a high potential investment, 644 Olive Ln is a must see!
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
House
Property Taxes
$115
HOA Dues
-
Year Built
1908

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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: 2 years ago (WPMLS #1690079)

Price History

Date / Event Date Event Price
Apr 8, 2025 Sold
Premium
Sold
Mar 8, 2025 In contract -
In contract
Mar 1, 2025 Listed by REALTY ONE GROUP ULTIMATE $59,000
Listed by REALTY ONE GROUP ULTIMATE
Nov 27, 2017 Sold
Premium
Sold
Apr 2, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 25
  • Exterior Walls Type: 10
  • Interior Walls Type: 10
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 1,276
  • Building Area: 1,276
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,276
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AMBRIDGE LAND COS-AMBRIDGE
  • Land Acres: 0000000060
  • Standard Land Use Code: 1001
  • County Land Use Code: 110
  • Legal Description 1: LOT 623 AMBRIDGE LAND CO PL HS SINGLE FAMILY DWELLING DET

Neighborhood

  • School District Name: Ambridge Area School District
  • School Tax School District: AMBRIDGE
  • Census Tract: 604100

Geography

  • Account Number: 10-003-0706.000
  • District: 10
  • Parcel: 10-003-0706.000
  • Lot: 623
  • Municipality: AMBRIDGE BORO
  • Latitude: 40.5888
  • Longitude: -80.2255

    Address

  • Full Address: 644 Olive Ln
  • Address - House Number: 644
  • Address - Street Name: Olive
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Ambridge
  • Carrier Code: C013
  • 4-Digit Zip Code: 2458
  • Zip Code: 15003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $205,159
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.3541
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 29
  • Final Value: 241,077
  • High Value: 326,444
  • Low Value: 155,709

    Market Valuation

  • Market Total Value: $28,500
  • Market Land Value: $4,000
  • Market Improvement Value: $24,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,250
  • Assessed Land Value: $2,000
  • Assessed Improvements Value: $12,250

    Sales

  • Current Sale Contract Date: Nov 21, 2017
  • Current Sale Recording Date: Nov 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 3562096
  • Previous Sale Recording Date: Apr 02, 2007
  • Previous Sale Contract Date: Mar 30, 2007
  • Previous Sale Amount: $19,500
  • Previous Sale Document Type: 71
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 Ambridge

Stats & Trends

Median Asking:

$145,000

Sale Price/ft²

$97

Below Asking

0.03%

Average Days on Market

65

Average Home Size

652 ft²

Average Home Age

104.1 years

Currently For Sale

32 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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WPMLS

Listed by: Isabella Hall
REALTY ONE GROUP ULTIMATE
Last Updated: 2 years ago
Data Source: WPMLS , MLS# 1690079
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 644 Olive Lane built and last sold?
The property at 644 Olive Lane was built in 1908 and last sold on Nov 21, 2017 for $29,000.
How much is this home worth?
The estimated value of the home located at 644 Olive Lane is $0.
What are some comparable homes to 644 Olive Lane?
There are currently no comparable homes to 644 Olive Lane.
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