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Saugus 01906 Oakland Vale
18 Forest Street
$460,000
● House - Off Market

18 Forest Street

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$534,506
RealtyHop Estimate
25.77%
Since Feb 1, 2021
MA-Boston
Primary Model

About This Property

Conveniently located, 6 room Cape style home with the first floor offering a master bedroom with 3/4 bath, spacious living room and dining room( all with hardwood flooring) and an eat in kitchen with tile flooring.  On the second floor you'll find 2 spacious bedrooms and a full bath.  The living room boast a stone wall fireplace just right for those cold winter evenings.  Newer heating system and hot water tank.  Located close to schools, major highways, shopping, and restaurants.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$316
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1947

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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 years ago (MLSPIN #72759017)

Price History

Date / Event Date Event Price
Jan 15, 2021 Sold
Premium
Sold
Nov 18, 2020 Listed by Weichert REALTORS® Blueprint Brokers $425,000
Listed by Weichert REALTORS® Blueprint Brokers

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 2,752
  • 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: 5015035
  • Parcel: SAUG M:010-C B:0007 L:0003
  • Block: 7
  • Lot: 3
  • Municipality: SAUGUS
  • Latitude: 42.4709
  • Longitude: -71.0296

    Address

  • Full Address: 18 Forest St
  • Address - House Number: 18
  • 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: $588,700

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 641,329
  • High Value: 742,630
  • Low Value: 540,028

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $552,800
  • Assessed Land Value: $323,600
  • Assessed Improvements Value: $229,200

    Sales

  • Current Sale Contract Date: Jan 05, 2021
  • Current Sale Recording Date: Jan 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 620833
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: 5 years ago
Data Source: MLS PIN, MLS# 72759017

Frequently Asked Questions

When was property at 18 Forest Street built and last sold?
The property at 18 Forest Street was built in 1947 and last sold on Jan 5, 2021 for $460,000.
How much is this home worth?
The estimated value of the home located at 18 Forest Street is $435,181.
What are some comparable homes to 18 Forest Street?
There are currently no comparable homes to 18 Forest Street.
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