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Saugus 01906 Oakland Vale
16 Forest Street
$339,900
● House - Off Market

16 Forest Street

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$590,125
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

Perfectly located 6 room Cape Cod style home featuring 3 bedrooms, 2 full baths, fireplace living room, formal dining room, updated kitchen with island seating, great open floor plan, desirable 1st floor bedroom with private full bath, two spacious bedrooms and full bath on 2nd floor, hardwood floors, great sunroom with newer carpeting, wood ceiling and slider to newer deck, security system, updated windows, electrical system, vinyl siding, roof (2000), pavers walkway and exterior stairs, level lot, great Oaklandvale location.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$253
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
1950

Payment Calculator

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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: 4 months ago (MLSPIN #71859563)

Price History

Date / Event Date Event Price
Jun 9, 2021 Sold
Premium
Sold
Apr 22, 2021 Listed by Carpenito Real Estate, Inc. $519,000
Listed by Carpenito Real Estate, Inc.
Aug 14, 2015 Sold
Premium
Sold
Jun 18, 2015 Listed by Carpenito Real Estate, Inc. $339,900
Listed by Carpenito Real Estate, Inc.
Aug 30, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,879
  • Total Building Area: 1,344
  • Gross Building Area: 2,719
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000227
  • 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: 208401

Zoning

  • Zoning: NA

Geography

  • Account Number: 2132000
  • Parcel: SAUG M:010-C B:0007 L:0002
  • Block: 7
  • Lot: 2
  • Municipality: SAUGUS
  • Latitude: 42.4708
  • Longitude: -71.0297

    Address

  • Full Address: 16 Forest St
  • Address - House Number: 16
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C023
  • 4-Digit Zip Code: 3220
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $648,900

    Appraisal Valuation

  • Standard Deviation: 0.1553
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 683,739
  • High Value: 800,548
  • Low Value: 566,931

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $609,300
  • Assessed Land Value: $323,600
  • Assessed Improvements Value: $285,700

    Sales

  • Current Sale Contract Date: Jun 07, 2021
  • Current Sale Recording Date: Jun 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 625988
  • Previous Sale Recording Date: Aug 14, 2015
  • Previous Sale Amount: $339,900
  • 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 Oakland Vale

Stats & Trends

Median Asking:

$749,900

Sale Price/ft²

$365

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2640 ft²

Average Home Age

40.3 years

Currently For Sale

7 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# 71859563

Frequently Asked Questions

When was property at 16 Forest Street built and last sold?
The property at 16 Forest Street was built in 1950 and last sold on Jun 7, 2021 for $583,000.
How much is this home worth?
The estimated value of the home located at 16 Forest Street is $512,661.
What are some comparable homes to 16 Forest Street?
There are currently no comparable homes to 16 Forest Street.
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