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Saugus 01906 Downtown Saugus
116 Main Street
Photo of 116 Main Street

40

Map

Photo of 116 Main Street
Photo of 116 Main Street
$579,900
↓ $20K (3.3%)
● House - For Sale

116 Main Street

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,864 Ft²
$3,402
Est. Monthly

About This Property

Wonderful Family Colonial featuring 7 rooms, 3 bedrooms, 1 1/2 baths, eat-in kitchen with pantry area offering granite counters, desirable and spacious 1st floor family room, large living room open to dining room, enclosed front porch, rear deck overlooking large, level yard, two car detached garage, newer gas heating system, 2026 gas hot water heater, conveniently located just outside of Saugus Center, close to shopping and all major routes.   "Welcome Home to 116 Main Street"
Unit Size
1,864 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$311
Property Type
House
Property Taxes
$554
HOA Dues
-
Year Built
1910

Listed By

Wendy Carpenito
Carpenito Real Estate, Inc.

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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: 2 days ago (MLSPIN #73545433)

Price History

Date / Event Date Event Price
Sep 28, 2026 Price Decreased $579,900
↓ $20K (3.3%)
Price Decreased
Sep 14, 2026 Price Decreased $599,900
↓ $50K (7.7%)
Price Decreased
Jul 7, 2026 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $649,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Garage
Parking Available
Parking Details
Has Garage
Has Open Parking
Parking Features: Detached, Paved, Off Street
Garage Spaces: 2
Open Parking Spaces: 4
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Rooms: 7
Basement: Sump Pump
Exterior Details
Square Footage: 1864
Architectural Style: Colonial
Year Built Source: Public Records
Year Built: 1910
Building Area Total: 1864
Building Area Units: Square Feet
Lot Size Area: 0.21
Lot Size Units: Acres
Lot Size Acres: 0.21
Lot Size Square Feet: 9135
Water Source: Public
Financial Details
Tax Assessed Value: $637,600
Tax Annual Amount: $6,644
Utilities Details
Cooling Type: None
Heating Type: Natural Gas
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,014
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,135
  • Total Building Area: 1,864
  • Gross Building Area: 3,028
  • Building Area: 1,864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,864
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Saugus School District
  • School Tax School District: SAUGUS SD
  • Census Tract: 208200

Zoning

  • Zoning: NA

Geography

  • Account Number: 3611019
  • Parcel: SAUG M:008-D B:0006 L:0015
  • Block: 6
  • Lot: 15
  • Municipality: SAUGUS
  • Latitude: 42.4643
  • Longitude: -71.0203

    Address

  • Full Address: 116 Main St
  • Address - House Number: 116
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C008
  • 4-Digit Zip Code: 3338
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $606,100

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 671,965
  • High Value: 778,104
  • Low Value: 565,825

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $569,100
  • Assessed Land Value: $267,400
  • Assessed Improvements Value: $301,700
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 Downtown Saugus

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$393

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2235 ft²

Average Home Age

200 years

Currently For Sale

2 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: 2 days ago
Data Source: MLS PIN, MLS# 73545433

Frequently Asked Questions

When was property at 116 Main Street built and last sold?
The property at 116 Main Street was built in 1910 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 116 Main Street is $584,537.
What are some comparable homes to 116 Main Street?
There are currently no comparable homes to 116 Main Street.
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