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Saugus 01906 Oakland Vale
22 Altamount Ave
$535,000
● House - Off Market

22 Altamount Ave

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,089 Ft²
$681,993
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

If you seek country living with privacy and quick access to Route 1 you have now found it!  This ranch has been fully renovated on the main level hardwood, skylights, w/d in bathroom, walk in master bedroom closet! . Consisting of 5 rooms 2 bed l/d/k on main level and 3 finished rooms on lower level with heat electricity water and 2nd means of egress for 3rd bedroom extended living space!  The lower level was used as an in-law for many many years.  There is an in-ground pool  which is 4+6 ft deep with a fenced rear yard and plenty of land and trees for privacy and country living feeling. This is not a postage size lot!
Unit Size
2,089 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$253
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1960

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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 #72688033)

Price History

Date / Event Date Event Price
Oct 30, 2020 Sold
Premium
Sold
Jul 9, 2020 Listed by Century 21 North East $529,000
Listed by Century 21 North East
May 28, 2015 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,040
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,042
  • Total Building Area: 2,089
  • Gross Building Area: 2,328
  • Building Area: 2,089
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,089
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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: 208402

Zoning

  • Zoning: NA

Geography

  • Account Number: 1872036
  • Parcel: SAUG M:007-C B:0001 L:0009
  • Block: 1
  • Lot: 9
  • Municipality: SAUGUS
  • Latitude: 42.4587
  • Longitude: -71.0354

    Address

  • Full Address: 22 Altamount Ave
  • Address - House Number: 22
  • Address - Street Name: Altamount
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Saugus
  • Carrier Code: C033
  • 4-Digit Zip Code: 4150
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $650,900

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 707,162
  • High Value: 827,582
  • Low Value: 586,742

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $611,200
  • Assessed Land Value: $360,100
  • Assessed Improvements Value: $251,100

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201030004000
  • Previous Sale Recording Date: May 28, 2015
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 27
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72688033

Frequently Asked Questions

When was property at 22 Altamount Avenue built and last sold?
The property at 22 Altamount Avenue was built in 1960 and last sold on Oct 30, 2020 for $535,000.
How much is this home worth?
The estimated value of the home located at 22 Altamount Avenue is $546,281.
What are some comparable homes to 22 Altamount Avenue?
There are currently no comparable homes to 22 Altamount Avenue.
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