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Saugus 01906 Cliftondale
12 Overlea Ave
$280,000
● House - Off Market

12 Overlea Ave

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$486,746
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

Need space?  How about 4 floors of finished living space with 3-4 bedrooms and 2 bathrooms?  Living room and kitchen opens out onto a sun room spanning the length of the home with great views.  Updates in past ten years include roof, hot water tank, kitchen, chimney, front stairs, and retaining walls, including an updated master bathroom in 2014!  Low maintenance vinyl exterior and gas heat leaves nothing for you to do but move in.  Hardwood, recessed lighting.  Fenced yard perfect for gardeners and landscapers ready to add their personal touch.  Plenty of parking (driveway is approx 35' x 44').  Where else can you get a 3 bed 2 bath in this sort of condition in Saugus? Easy to show, come see!
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$165
Property Type
House
Property Taxes
$263
HOA Dues
-
Year Built
1920

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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 #71863331)

Price History

Date / Event Date Event Price
Nov 30, 2020 Sold
Premium
Sold
Sep 23, 2020 Listed by Coldwell Banker Residential Brokerage - Lynnfield $459,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield
Sep 3, 2015 Sold
Premium
Sold
Jun 24, 2015 Listed by Coldwell Banker Residential Brokerage - Lynnfield $279,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield
May 1, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 560
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,460
  • Total Building Area: 1,400
  • Gross Building Area: 2,870
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000148
  • 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: 208101

Zoning

  • Zoning: NA

Geography

  • Account Number: 287025
  • Parcel: SAUG M:005-G B:0016 L:0007
  • Block: 16
  • Lot: 7
  • Municipality: SAUGUS
  • Latitude: 42.4516
  • Longitude: -70.9944

    Address

  • Full Address: 12 Overlea Ave
  • Address - House Number: 12
  • Address - Street Name: Overlea
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Saugus
  • Carrier Code: C020
  • 4-Digit Zip Code: 2732
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $567,800

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 604,618
  • High Value: 710,834
  • Low Value: 498,402

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $533,100
  • Assessed Land Value: $285,300
  • Assessed Improvements Value: $247,800

    Sales

  • Current Sale Contract Date: Nov 25, 2020
  • Current Sale Recording Date: Nov 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201130003540
  • Previous Sale Recording Date: Sep 03, 2015
  • 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 Cliftondale

Stats & Trends

Median Asking:

$649,450

Sale Price/ft²

$377

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1460 ft²

Average Home Age

115.4 years

Currently For Sale

9 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: 4 months ago
Data Source: MLS PIN, MLS# 71863331

Frequently Asked Questions

When was property at 12 Overlea Avenue built and last sold?
The property at 12 Overlea Avenue was built in 1920 and last sold on Nov 25, 2020 for $465,000.
How much is this home worth?
The estimated value of the home located at 12 Overlea Avenue is $462,880.
What are some comparable homes to 12 Overlea Avenue?
There are currently no comparable homes to 12 Overlea Avenue.
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