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Saugus 01906 Cliftondale
197 Lincoln Ave
$358,000
● House - Off Market

197 Lincoln Ave

Saugus, MA 01906
bedrooms
2 Beds
bathrooms
1 Bath
square feet
988 Ft²
$419,233
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

Second opportunity, don't miss out!!  Wonderful charming colonial home featuring wooden accent walls, fantastic condo alternative. The main level features a large living room with vaulted ceilings, a ceiling fan, and hardwood flooring throughout. Two good-sized bedrooms complete this level. The eat-in kitchen downstairs offers ample cabinetry for storage, recessed lighting, and granite countertops, 1 full bathroom and laundry room. Additional cozy space on the third level has a brand new carpet, great as a playroom or storage room due to lower ceiling. Enjoy privacy with the fenced-in yard that is leveled and has a patio perfect for grilling and outdoor entertainment. The newly built enormous shed is great for storage. Brand new dishwasher 2021. New Range oven 2022. Move-in ready, motivated seller!!
Unit Size
988 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$395
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1900

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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 #73026201)

Price History

Date / Event Date Event Price
Dec 29, 2022 Sold
Premium
Sold
Dec 1, 2022 In contract -
In contract
Nov 25, 2022 Relisted $399,900
Relisted
Nov 11, 2022 In contract -
In contract
Oct 28, 2022 Relisted $389,900
Relisted
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 26
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 386
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,688
  • Total Building Area: 652
  • Gross Building Area: 1,206
  • Building Area: 652
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 652
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BUILDING 57
  • Land Acres: 0000000062
  • 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: 208101

Zoning

  • Zoning: NA

Geography

  • Account Number: 4728009
  • Parcel: SAUG M:005-G B:0015 L:0007
  • Block: 15
  • Lot: 7
  • Municipality: SAUGUS
  • Latitude: 42.4513
  • Longitude: -70.9935

    Address

  • Full Address: 197 Lincoln Ave
  • Address - House Number: 197
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Saugus
  • Carrier Code: C006
  • 4-Digit Zip Code: 2813
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $369,000

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 455,938
  • High Value: 527,955
  • Low Value: 383,920

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $346,500
  • Assessed Land Value: $248,100
  • Assessed Improvements Value: $98,400

    Sales

  • Current Sale Contract Date: Dec 29, 2022
  • Current Sale Recording Date: Dec 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221229002050
  • Previous Sale Recording Date: Dec 01, 2020
  • Previous Sale Contract Date: Nov 27, 2020
  • Previous Sale Amount: $349,000
  • 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 Cliftondale

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1815 ft²

Average Home Age

101.1 years

Currently For Sale

20 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# 73026201

Frequently Asked Questions

When was property at 197 Lincoln Avenue built and last sold?
The property at 197 Lincoln Avenue was built in 1900 and last sold on Dec 29, 2022 for $358,000.
How much is this home worth?
The estimated value of the home located at 197 Lincoln Avenue is $388,574.
What are some comparable homes to 197 Lincoln Avenue?
There are currently no comparable homes to 197 Lincoln Avenue.
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