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Saugus 01906 Lynnhurst
219 Fairmount Ave
$412,500
● House - Off Market

219 Fairmount Ave

Saugus, MA 01906
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,052 Ft²
$553,706
RealtyHop Estimate
38.46%
Since May 1, 2020
MA-Boston
Primary Model

About This Property

SPOTLESS well-maintained 2 bedroom, 2 bath, plus bonus room, Colonial COMPLETE with NEW windows, NEW gas heating system, NEW central air, NEW electrical, NEW water heater, NEW exterior paint, NEW patio, NEW fence and NEW front stairs. Nothing to do but move in! The kitchen boasts lots of STORAGE, granite countertops, MODERN fixtures, a breakfast bar and track lighting sure to impress any cook and lovely for entertaining. Take a break on your deck or head out to your LOW to NO Maintenance backyard loaded with OPPORTUNITIES for entertainment by the outdoor tiki bar and firepit.  Conveniently located near shopping, and restaurants with easy access to major highways. DO NOT MISS THIS RARE FIND! Open house Saturday 29th 2-4 P.M. and Sunday 1st 2-4 P.M.
Unit Size
1,052 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$380
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
1930

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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 #72625394)

Price History

Date / Event Date Event Price
Apr 8, 2020 Sold
Premium
Sold
Feb 27, 2020 Listed by Keller Williams Realty $399,900
Listed by Keller Williams Realty
Aug 15, 2013 Sold
Premium
Sold
Jun 4, 2013 Listed by Keller Williams Realty $175,000
Listed by Keller Williams Realty
Sep 28, 2001 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 192
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,886
  • Total Building Area: 1,052
  • Gross Building Area: 2,019
  • Building Area: 1,052
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,052
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000043
  • 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: 208302

Zoning

  • Zoning: NA

Geography

  • Account Number: 9300035
  • Parcel: SAUG M:009-G B:0004 L:0001
  • Block: 4
  • Lot: 1
  • Municipality: SAUGUS
  • Latitude: 42.4642
  • Longitude: -70.991

    Address

  • Full Address: 219 Fairmount Ave
  • Address - House Number: 219
  • Address - Street Name: Fairmount
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Saugus
  • Carrier Code: C005
  • 4-Digit Zip Code: 1521
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $514,700

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 557,776
  • High Value: 651,855
  • Low Value: 463,697

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $483,300
  • Assessed Land Value: $262,800
  • Assessed Improvements Value: $220,500

    Sales

  • Current Sale Contract Date: Apr 02, 2020
  • Current Sale Recording Date: Apr 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200408001300
  • Previous Sale Recording Date: Aug 15, 2013
  • Previous Sale Amount: $160,000
  • 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 Lynnhurst

Stats & Trends

Median Asking:

$629,900

Sale Price/ft²

$404

Below Asking

0.01%

Average Days on Market

59

Average Home Size

3475 ft²

Average Home Age

39.3 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# 72625394

Frequently Asked Questions

When was property at 219 Fairmount Avenue built and last sold?
The property at 219 Fairmount Avenue was built in 1930 and last sold on Apr 2, 2020 for $412,500.
How much is this home worth?
The estimated value of the home located at 219 Fairmount Avenue is $394,942.
What are some comparable homes to 219 Fairmount Avenue?
There are currently no comparable homes to 219 Fairmount Avenue.
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