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Saugus 01906 Lynnhurst
18 Pearl Road
$716,000
● House - Off Market

18 Pearl Road

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,603 Ft²
$3,850
Est. Monthly

About This Property

Location!  Location! Location!  for this lovely, one owner, 6+ room 2 full bath expanded cape. Features include eat in kitchen with wood cabinets and sliders to deck, spacious fireplace living room, convenient 1st floor bedroom, hardwood flooring, den/office with closet for possible 4th bedroom.  Second floor offers 2 large bedrooms, hardwood flooring, lots of closet space and a full bath. Finished lower level features family room with wood stove and walkout to back yard., laundry room, central air, one car garage under, storage shed. Perfectly located in desirable Indian Valley!   Don't miss this one!         **Showings begin at the Open Houses Saturday, November 18th 12:00 - 2:00 PM and Sunday, November 19th 12:00 - 2:00 PM.  Offers, if any, due Monday, November 20th by 12:00 noon.**
Unit Size
1,603 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$421
Property Type
House
Property Taxes
$536
HOA Dues
-
Year Built
1963

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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 #73180482)

Price History

Date / Event Date Event Price
Jan 8, 2024 Sold
Premium
Sold
Nov 21, 2023 In contract -
In contract
Nov 15, 2023 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $675,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 916
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,419
  • Total Building Area: 1,603
  • Gross Building Area: 2,943
  • Building Area: 1,603
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 13
  • Heated Square Feet: 1,603
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000285
  • 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: 6766032
  • Parcel: SAUG M:012-E B:0011 L:0020
  • Block: 11
  • Lot: 20
  • Municipality: SAUGUS
  • Latitude: 42.4795
  • Longitude: -71.012

    Address

  • Full Address: 18 Pearl Rd
  • Address - House Number: 18
  • Address - Street Name: Pearl
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Saugus
  • Carrier Code: C012
  • 4-Digit Zip Code: 1230
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $654,900

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 688,954
  • High Value: 744,269
  • Low Value: 633,640

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $614,900
  • Assessed Land Value: $351,200
  • Assessed Improvements Value: $263,700

    Sales

  • Current Sale Contract Date: Jan 08, 2024
  • Current Sale Recording Date: Jan 08, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20240108001340
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 Lynnhurst

Stats & Trends

Median Asking:

$627,400

Sale Price/ft²

$403

Below Asking

0.01%

Average Days on Market

61

Average Home Size

3529 ft²

Average Home Age

34.2 years

Currently For Sale

9 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# 73180482

Frequently Asked Questions

When was property at 18 Pearl Road built and last sold?
The property at 18 Pearl Road was built in 1963 and last sold on Jan 8, 2024 for $716,000.
How much is this home worth?
The estimated value of the home located at 18 Pearl Road is $681,496.
What are some comparable homes to 18 Pearl Road?
There are currently no comparable homes to 18 Pearl Road.
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