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Saugus 01906 Lynnhurst
12 Sterling Avenue
$575,000
● House - Off Market

12 Sterling Avenue

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,280 Ft²
$616,159
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

**BOM due to Buyer's inability to sercure financing.**   Here is the one you've been waiting for! This inviting Raised Ranch features 3 bedrooms with ample closet space, spacious and sunny living room, updated kitchen with an abundance of cherry cabinets opens to dining room with cathedral ceiling and slider to deck, 1 1/2 nicely updated baths, finished lower level offers family room, woodstove with impressive stone wall hearth, hardwood flooring, security system, one car garage and vinyl replacement windows. Professionally manicured yard with deck and brick patio, new shed and new fencing. Wonderfully located in desirable Lynnhurst neighborhood. You won't be disappointed!
Unit Size
2,280 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$254
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1960

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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 #73017143)

Price History

Date / Event Date Event Price
Oct 28, 2022 Sold
Premium
Sold
Sep 27, 2022 In contract -
In contract
Sep 27, 2022 Relisted $410,000
Relisted
Sep 16, 2022 In contract -
In contract
Jul 26, 2022 Listed by Carpenito Real Estate, Inc. $579,900
Listed by Carpenito Real Estate, Inc.
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,040
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,760
  • Gross Building Area: 2,280
  • Building Area: 1,760
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,760
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BATEMAN ESTATES
  • Land Acres: 0000000230
  • 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: 208302

Zoning

  • Zoning: NA

Geography

  • Account Number: 8039018
  • Parcel: SAUG M:011-F B:0013 L:0013
  • Block: 13
  • Lot: 13
  • Municipality: SAUGUS
  • Latitude: 42.4742
  • Longitude: -70.9997

    Address

  • Full Address: 12 Sterling Ave
  • Address - House Number: 12
  • Address - Street Name: Sterling
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Saugus
  • Carrier Code: C005
  • 4-Digit Zip Code: 1318
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $588,700

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 636,286
  • High Value: 750,333
  • Low Value: 522,239

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $552,800
  • Assessed Land Value: $324,000
  • Assessed Improvements Value: $228,800

    Sales

  • Current Sale Contract Date: Oct 28, 2022
  • Current Sale Recording Date: Oct 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 640385
  • Previous Sale Recording Date: Aug 07, 2015
  • Previous Sale Amount: $410,000
  • 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 Lynnhurst

Stats & Trends

Median Asking:

$629,900

Sale Price/ft²

$404

Below Asking

0.01%

Average Days on Market

59

Average Home Size

3475 ft²

Average Home Age

39.3 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# 73017143

Frequently Asked Questions

When was property at 12 Sterling Avenue built and last sold?
The property at 12 Sterling Avenue was built in 1960 and last sold on Oct 28, 2022 for $575,000.
How much is this home worth?
The estimated value of the home located at 12 Sterling Avenue is $594,328.
What are some comparable homes to 12 Sterling Avenue?
There are currently no comparable homes to 12 Sterling Avenue.
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