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Saugus 01906 Downtown Saugus
17 Prospect Street
$379,900
● House - Off Market

17 Prospect Street

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,244 Ft²
$541,470
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

Desirable Iron Works location offer this Colonial featuring 6 rooms, 3 bedrooms, 1 1/2 baths, spacious, welcoming front foyer, eat-in kitchen formal dining room,fireplace living room, 1st floor half bath with convenient laundry, super convenient, walk up attic with great expansion possibilities, farmers porch, one car detached garage, large, level lot, located off Saugus Center in desirable Iron Works neighborhood.   This home needs updating and TLC but worth all the effort!  Diamond in the rough waiting to shine!     Showings start at Group Showings Tuesday June 11th  5:00 PM - 6 PM AND  Wednesday June 12th  5:00 PM - 6:00 PM   Offers, if any, due Thursday June 13th by 2:00 PM.
Unit Size
1,244 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$305
Property Type
House
Property Taxes
$388
HOA Dues
-
Year Built
2020

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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 #72516066)

Price History

Date / Event Date Event Price
Jul 30, 2019 Sold
Premium
Sold
Jun 10, 2019 Listed by Carpenito Real Estate, Inc. $379,900
Listed by Carpenito Real Estate, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,394
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,619
  • Total Building Area: 2,550
  • Gross Building Area: 4,552
  • Building Area: 2,550
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,550
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • 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: 208301

Zoning

  • Zoning: NA

Geography

  • Account Number: 7716003
  • Parcel: SAUG M:009-E B:0008 L:0010
  • Block: 8
  • Lot: 10
  • Municipality: SAUGUS
  • Latitude: 42.4671
  • Longitude: -71.0105

    Address

  • Full Address: 17 Prospect St
  • Address - House Number: 17
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C004
  • 4-Digit Zip Code: 2154
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $912,100

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 893,476
  • High Value: 1,034,604
  • Low Value: 752,347

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $856,400
  • Assessed Land Value: $338,100
  • Assessed Improvements Value: $518,300

    Sales

  • Current Sale Contract Date: Jul 29, 2019
  • Current Sale Recording Date: Jul 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190730004580
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:

$699,900

Sale Price/ft²

$393

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2235 ft²

Average Home Age

200 years

Currently For Sale

2 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72516066

Frequently Asked Questions

When was property at 17 Prospect Street built and last sold?
The property at 17 Prospect Street was built in 2020 and last sold on Jul 29, 2019 for $379,900.
How much is this home worth?
The estimated value of the home located at 17 Prospect Street is $383,360.
What are some comparable homes to 17 Prospect Street?
There are currently no comparable homes to 17 Prospect Street.
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