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Saugus 01906 North Saugus
169 Water Street
Photo of 169 Water Street
Sold on Sep 17, 2005

1

Map

$295,000
● House - Off Market

169 Water Street

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,936 Ft²
$580,269
RealtyHop Estimate
75.84%
Since Oct 1, 2005
MA-Boston
Primary Model

About This Property

NEW PRICE REFLECTS A GREAT OPPORTUNITY FOR A TURN AROUND INVESTMENT OR A HOMEOWNER...WELCOMING CONTRACTORS, BUILDERS &/OR ANYONE CAPABLE LOOKING TO PURCHASE A HOME THAT NEEDS TO BE WORKED ON BUT IS NICE ON THE INSIDE W/ AN OPEN LAYOUT, LARGE LEVEL LOT & POSSIBLE EXPANSION POTENTIAL. ***DUE TO PAST HOME INSPECTIONS (WE DO NOT HAVE A REPORT) HERE ARE THE ISSUES ADDRESSED TO SELLER THAT ARE MOST IMPORTANT TO FOCUS ON: 1. HOME NEEDS A NEW FOUNDATION  2.HAS OLDER ROOF 3. HAS OLDER FURNACE & OIL TAN
Unit Size
1,936 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$170
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1890

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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: 5 months ago (MLSPIN #70191678)

Price History

Date / Event Date Event Price
Sep 20, 2005 Sold
Premium
Sold
May 14, 2005 Listed $330,000
Listed
Apr 9, 1993 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 156
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,956
  • Total Building Area: 1,761
  • Gross Building Area: 3,670
  • Building Area: 1,761
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,761
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOMELANDS
  • Land Acres: 0000000206
  • 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: 7016004
  • Parcel: SAUG M:017-C B:0002 L:0006
  • Block: 2
  • Lot: 6
  • Municipality: SAUGUS
  • Latitude: 42.4973
  • Longitude: -71.0345

    Address

  • Full Address: 169 Water St
  • Address - House Number: 169
  • Address - Street Name: Water
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C011
  • 4-Digit Zip Code: 1936
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $538,500

    Appraisal Valuation

  • Standard Deviation: 0.2573
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 63
  • Final Value: 526,923
  • High Value: 662,561
  • Low Value: 391,285

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $505,600
  • Assessed Land Value: $266,900
  • Assessed Improvements Value: $238,700

    Sales

  • Current Sale Recording Date: Sep 20, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 09, 1993
  • Previous Sale Amount: $119,000
  • 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:

$789,000

Sale Price/ft²

$393

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2536 ft²

Average Home Age

49.4 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70191678

Frequently Asked Questions

When was property at 169 Water Street built and last sold?
The property at 169 Water Street was built in 1890 and last sold on Jan 1, 1970 for $295,000.
How much is this home worth?
The estimated value of the home located at 169 Water Street is $355,444.
What are some comparable homes to 169 Water Street?
There are currently no comparable homes to 169 Water Street.
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