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Saugus 01906 Downtown Saugus
17 Highland Avenue
$720,000
● House - Off Market

17 Highland Avenue

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
4 Baths
square feet
2,616 Ft²
$788,177
RealtyHop Estimate
7.23%
Since Dec 1, 2022
MA-Boston
Primary Model

About This Property

Classic Center Entrance Colonial with all the modern updates, including 4 full baths, beautiful granite kitchen, formal dining room, living room and 20' family room, all with hardwood flooring. 2nd floor features 3 bedrooms, including a master bedroom with a full, private Jacuzzi bath and an additional 8' x 11" dressing area or office. Finished lower level with possible 4th bedroom, family room and wet bar, fenced yard with stylish patio and above ground pool.  Nicely located and within short distance to shopping, schools and major highways.   Great home - Great location - Great opportunity!
Unit Size
2,616 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$281
Property Type
House
Property Taxes
$620
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: 5 months ago (MLSPIN #73010301)

Price History

Date / Event Date Event Price
Nov 29, 2022 Sold
Premium
Sold
Oct 24, 2022 In contract -
In contract
Oct 18, 2022 Price Decreased $735,000
↓ $115K (13.5%)
Price Decreased
Oct 8, 2022 Relisted $849,900
Relisted
Oct 4, 2022 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,010
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,252
  • Total Building Area: 2,596
  • Gross Building Area: 3,846
  • Building Area: 2,596
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,596
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000258
  • 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: 208200

Zoning

  • Zoning: NA

Geography

  • Account Number: 7584024
  • Parcel: SAUG M:008-D B:0006 L:0007
  • Block: 6
  • Lot: 7
  • Municipality: SAUGUS
  • Latitude: 42.463
  • Longitude: -71.0203

    Address

  • Full Address: 17 Highland Ave
  • Address - House Number: 17
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Saugus
  • Carrier Code: C008
  • 4-Digit Zip Code: 3311
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $790,800

    Appraisal Valuation

  • Standard Deviation: 0.179
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 822,863
  • High Value: 966,590
  • Low Value: 679,137

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $742,500
  • Assessed Land Value: $328,500
  • Assessed Improvements Value: $414,000

    Sales

  • Current Sale Contract Date: Nov 29, 2022
  • Current Sale Recording Date: Nov 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221129003210
  • Previous Sale Recording Date: Apr 14, 2014
  • Previous Sale Amount: $325,000
  • 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 Downtown Saugus

Stats & Trends

Median Asking:

$689,500

Sale Price/ft²

$389

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2453 ft²

Average Home Age

89.7 years

Currently For Sale

3 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: 5 months ago
Data Source: MLS PIN, MLS# 73010301

Frequently Asked Questions

When was property at 17 Highland Avenue built and last sold?
The property at 17 Highland Avenue was built in 1920 and last sold on Nov 29, 2022 for $720,000.
How much is this home worth?
The estimated value of the home located at 17 Highland Avenue is $745,790.
What are some comparable homes to 17 Highland Avenue?
There are currently no comparable homes to 17 Highland Avenue.
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