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Saugus 01906 Cliftondale
22 Milan Avenue
$469,900
● House - Off Market

22 Milan Avenue

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,487 Ft²
$695,605
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

NEW PRICE!  DRASTICALLY REDUCED!   RARE FIND!  Split Entry style home currently used as a single family but zoned for TWO FAMILY usage.  Upper level offers updated kitchen (2017) with stainless appliances, open concept living room/dining room with hardwood flooring - perfect for entertaining, 3 bedrooms and full bath. Hardwood flooring under carpeting in bedrooms.  Heated lower level awaits your creativity.  Currently has spacious family room, half bath and multiple unfinished areas for future use (See Disclosures).  Included in sale: Kitchen refrigerator, 3 wall mounted televisions.  Lower level: refrigerator, dishwasher, washer, dryer.  Situated on a level lot with oversized driveway on a dead end street.  Conveniently located to area amenities and transportation.
Unit Size
1,487 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$316
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72336984)

Price History

Date / Event Date Event Price
Aug 28, 2018 Sold
Premium
Sold
May 31, 2018 Listed by Hollett & Cucinelli Real Estat $469,900
Listed by Hollett & Cucinelli Real Estat

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 920
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,398
  • Total Building Area: 1,487
  • Gross Building Area: 1,950
  • Building Area: 1,487
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,487
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000193
  • 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: 208102

Zoning

  • Zoning: NA

Geography

  • Account Number: 7587012
  • Parcel: SAUG M:004-G B:0002 L:0010
  • Block: 2
  • Lot: 10
  • Municipality: SAUGUS
  • Latitude: 42.4468
  • Longitude: -70.9953

    Address

  • Full Address: 22 Milan Ave
  • Address - House Number: 22
  • Address - Street Name: Milan
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Saugus
  • Carrier Code: C016
  • 4-Digit Zip Code: 3023
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $592,200

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 651,920
  • High Value: 763,293
  • Low Value: 540,547

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $556,100
  • Assessed Land Value: $318,200
  • Assessed Improvements Value: $237,900

    Sales

  • Current Sale Recording Date: Aug 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 595505
  • Previous Sale Recording Date: Jun 11, 2013
  • 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 Cliftondale

Stats & Trends

Median Asking:

$649,450

Sale Price/ft²

$377

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1460 ft²

Average Home Age

115.4 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72336984

Frequently Asked Questions

When was property at 22 Milan Avenue built and last sold?
The property at 22 Milan Avenue was built in 1971 and last sold on Jan 1, 1970 for $469,900.
How much is this home worth?
The estimated value of the home located at 22 Milan Avenue is $482,908.
What are some comparable homes to 22 Milan Avenue?
There are currently no comparable homes to 22 Milan Avenue.
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