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Saugus 01906 North Saugus
16 Merrill Road
$460,000
● House - Off Market

16 Merrill Road

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,626 Ft²
$676,045
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Wonderful family Colonial located at the end of a dead end street.  This young home offers a welcoming foyer entry with ceramic tile flooring, generous size living room with hardwood flooring and fireplace with attached heatalator, open kitchen with granite counters and dinning area combination, dinning area has new slider which leads to an entertainment size deck over looking a beautifully landscaped yard and storage shed. Convenient updated  first floor bath with laundry hookup, second floor offers 3 generous size bedrooms all with ceiling fans, full bath and pull down attic stair for extra storage, central air, full basement and 1 car attached garage under.  *******OPEN HOUSE CANCELLED********
Unit Size
1,626 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$268
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1996

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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 #72169902)

Price History

Date / Event Date Event Price
Aug 15, 2017 Sold
Premium
Sold
May 24, 2017 Listed by Carpenito Real Estate, Inc. $435,000
Listed by Carpenito Real Estate, Inc.
Feb 24, 1999 Sold
Premium
Sold
Dec 21, 1998 Listed by Carpenito Real Estate, Inc. $219,900
Listed by Carpenito Real Estate, Inc.

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • 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: 5
  • 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: 790
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,036
  • Total Building Area: 1,626
  • Gross Building Area: 2,636
  • Building Area: 1,626
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,626
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: 96020031
  • Parcel: SAUG M:016-E B:0004 L:0023
  • Block: 4
  • Lot: 23
  • Municipality: SAUGUS
  • Latitude: 42.4966
  • Longitude: -71.0128

    Address

  • Full Address: 16 Merrill Rd
  • Address - House Number: 16
  • Address - Street Name: Merrill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Saugus
  • Carrier Code: C011
  • 4-Digit Zip Code: 1031
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $653,100

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 686,605
  • High Value: 803,903
  • Low Value: 569,306

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $613,200
  • Assessed Land Value: $297,100
  • Assessed Improvements Value: $316,100

    Sales

  • Current Sale Recording Date: Aug 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 265
  • Previous Sale Recording Date: Feb 24, 1999
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: 27
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 North Saugus

Stats & Trends

Median Asking:

$794,000

Sale Price/ft²

$393

Below Asking

0.03%

Average Days on Market

55

Average Home Size

2937 ft²

Average Home Age

49.8 years

Currently For Sale

4 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# 72169902

Frequently Asked Questions

When was property at 16 Merrill Road built and last sold?
The property at 16 Merrill Road was built in 1996 and last sold on Jan 1, 1970 for $460,000.
How much is this home worth?
The estimated value of the home located at 16 Merrill Road is $458,270.
What are some comparable homes to 16 Merrill Road?
There are currently no comparable homes to 16 Merrill Road.
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