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Saugus 01906 Cliftondale
25 Spencer
$505,000
● House - Off Market

25 Spencer

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,676 Ft²
$574,559
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

a beautiful property located right on the Saugus River. Why not go fishing or paddleboarding every morning or drive a boat up and down the river right from your own backyard. This Old style home is Beautiful and truly a pleasure to show. It boasts an all-open floor plan on the 1st-floor level. Coffered ceilings and gorgeous natural woodwork. Eat-in Kitchen has been updated and is eat-in. The living room and dining room are an open floor plan with gorgeous coffered ceilings and a fireplace. There is one full bathrooms and 3 gracious-sized bedrooms. Lots of closet space and extra storage in the spacious partly finished basement.  The garage is detached and great to store your car or tinkering with a water view. The lot is just over 10,000 sq ft. (per assessors report) and is direct waterfront.
Unit Size
1,676 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$328
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1940

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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 #72964819)

Price History

Date / Event Date Event Price
Aug 22, 2022 Sold
Premium
Sold
Apr 5, 2022 Listed by MP Realty Group $549,900
Listed by MP Realty Group

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • 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: 16
  • 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: 728
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,058
  • Total Building Area: 1,574
  • Gross Building Area: 2,580
  • Building Area: 1,574
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,574
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • 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: 8839001
  • Parcel: SAUG M:006-H B:0007 L:0010
  • Block: 7
  • Lot: 10
  • Municipality: SAUGUS
  • Latitude: 42.4549
  • Longitude: -70.9857

    Address

  • Full Address: 25 Spencer Ave
  • Address - House Number: 25
  • Address - Street Name: Spencer
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Saugus
  • Carrier Code: C007
  • 4-Digit Zip Code: 1721
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $547,700

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 593,178
  • High Value: 700,725
  • Low Value: 485,632

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $514,300
  • Assessed Land Value: $270,200
  • Assessed Improvements Value: $244,100

    Sales

  • Current Sale Contract Date: Aug 19, 2022
  • Current Sale Recording Date: Aug 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 55
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

$376

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1830 ft²

Average Home Age

107.4 years

Currently For Sale

12 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# 72964819

Frequently Asked Questions

When was property at 25 Spencer Avenue built and last sold?
The property at 25 Spencer Avenue was built in 1940 and last sold on Aug 19, 2022 for $505,000.
How much is this home worth?
The estimated value of the home located at 25 Spencer Avenue is $558,722.
What are some comparable homes to 25 Spencer Avenue?
There are currently no comparable homes to 25 Spencer Avenue.
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