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Winchester 01890 Shakerhill
8 Olde Village Drive
$1,390,000
● House - Off Market

8 Olde Village Drive

Winchester, MA 01890
bedrooms
5 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
4,614 Ft²
$2,423,959
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Five Bedrooms Five Baths! Almost an acre of complete privacy! A rare opportunity to own this a roomy well-proportioned colonial. Spacious master suite. Guest suite with a full bath. Jack and Jill stair cases. Eat in kitchen open to the fire placed family room leaves room for your personal updates and expansion possibilities. The open patio off the family room makes this secluded setting prefect for quiet evenings with close friends or large family get-togethers. Walk to new Vinson-Owen school and Wright-Locke Farm.  Brand new BDry system. Built by Moore Construction of Lexington.
Unit Size
4,614 Ft²
Days on Market
-
Land Size
0.84 acres
Price per sqft
$314
Property Type
House
Property Taxes
$1,082
HOA Dues
-
Year Built
1971

Payment Calculator

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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: 6 months ago (MLSPIN #71968360)

Price History

Date / Event Date Event Price
Jun 30, 2016 Sold
Premium
Sold
Mar 7, 2016 Listed by Century 21 Commonwealth $1,449,000
Listed by Century 21 Commonwealth

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,708
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,678
  • Total Building Area: 4,614
  • Gross Building Area: 5,793
  • Building Area: 4,614
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,614
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000842
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winchester School District
  • School Tax School District: WINCHESTER SD
  • Census Tract: 338400

Zoning

  • Zoning: RDA

Geography

  • Parcel: WINC M:024 B:0042 L:0
  • Block: 42
  • Municipality: WINCHESTER
  • Latitude: 42.4486
  • Longitude: -71.1694

    Address

  • Full Address: 8 Olde Village Dr
  • Address - House Number: 8
  • Address - Street Name: Olde Village
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Winchester
  • Carrier Code: C033
  • 4-Digit Zip Code: 2214
  • Zip Code: 01890

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,885,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,055,139
  • High Value: 2,418,748
  • Low Value: 1,691,531

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,664,500
  • Assessed Land Value: $930,500
  • Assessed Improvements Value: $734,000

    Sales

  • Current Sale Recording Date: Jun 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 107921
  • Previous Sale Recording Date: Dec 30, 2015
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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 Shakerhill

Stats & Trends

Median Asking:

$1,019,950

Sale Price/ft²

$476

Below Asking

0.02%

Average Days on Market

52

Average Home Size

4033 ft²

Average Home Age

42.5 years

Currently For Sale

15 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: 6 months ago
Data Source: MLS PIN, MLS# 71968360

Frequently Asked Questions

When was property at 8 Olde Village Drive built and last sold?
The property at 8 Olde Village Drive was built in 1971 and last sold on Jan 1, 1970 for $1,360,000.
How much is this home worth?
The estimated value of the home located at 8 Olde Village Drive is $1,457,402.
What are some comparable homes to 8 Olde Village Drive?
There are currently no comparable homes to 8 Olde Village Drive.
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