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Saugus 01906 Downtown Saugus
12 Marr Road
Photo of 12 Marr Road
Sold on Jul 29, 2011

1

Map

$280,000
● House - Off Market

12 Marr Road

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,533 Ft²
$617,129
RealtyHop Estimate
105.78%
Since Aug 1, 2011
MA-Boston
Primary Model

About This Property

Nicely located 7 room Cape Cod style home features 3 bedrooms, 2 full baths, living room, dining room, eat-in kitchen leading to warm and cozy 1st floor family room with woodstove and sliders to oversized deck, harwood floors under carpeting, updated gas hot water (2007) and heating system (2009), conveniently located on desirable dead-end street.
Unit Size
1,533 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$196
Property Type
House
Property Taxes
$245
HOA Dues
-
Year Built
1950

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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: 4 months ago (MLSPIN #71208513)

Price History

Date / Event Date Event Price
Jun 12, 2015 Sold
Premium
Sold
Apr 17, 2015 Listed by Carpenito Real Estate, Inc. $349,900
Listed by Carpenito Real Estate, Inc.
Jul 29, 2011 Sold
Premium
Sold
Mar 31, 2011 Listed by Carpenito Real Estate, Inc. $299,900
Listed by Carpenito Real Estate, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 2
  • Basement Area: 948
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,495
  • Total Building Area: 1,533
  • Gross Building Area: 2,896
  • Building Area: 1,533
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,533
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000264
  • 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: 4508020
  • Parcel: SAUG M:008-D B:0012 L:0005
  • Block: 12
  • Lot: 5
  • Municipality: SAUGUS
  • Latitude: 42.4613
  • Longitude: -71.018

    Address

  • Full Address: 12 Marr Rd
  • Address - House Number: 12
  • Address - Street Name: Marr
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Saugus
  • Carrier Code: C008
  • 4-Digit Zip Code: 3413
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $602,500

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 645,691
  • High Value: 759,123
  • Low Value: 532,260

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $565,700
  • Assessed Land Value: $301,900
  • Assessed Improvements Value: $263,800

    Sales

  • Current Sale Recording Date: Jun 12, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 562441
  • Previous Sale Recording Date: Jul 29, 2011
  • Previous Sale Amount: $280,000
  • 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 Downtown Saugus

Stats & Trends

Median Asking:

$699,450

Sale Price/ft²

$387

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1485 ft²

Average Home Age

116 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71208513

Frequently Asked Questions

When was property at 12 Marr Road built and last sold?
The property at 12 Marr Road was built in 1950 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 12 Marr Road is $361,279.
What are some comparable homes to 12 Marr Road?
There are currently no comparable homes to 12 Marr Road.
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