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Saugus 01906 Downtown Saugus
28 Summer Drive
$240,000
● House - Off Market

28 Summer Drive

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,188 Ft²
$701,126
RealtyHop Estimate
180.56%
Since Oct 1, 2000
MA-Boston
Primary Model

About This Property

IRONWORKS AREA, ONE OWNER 6 ROOM CAPE ON LEVEL LOT, LIVING ROOM WITH BOW WINDOW; FIREPLACE- OPEN 1/2 WALL TO KITCHEN, COUNTRY KITCHEN WITH FAN LIGHT. 3/4 BEDROOMS, 1 1/2 BATHS.
Unit Size
1,188 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$210
Property Type
House
Property Taxes
$142
HOA Dues
-
Year Built
1958

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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 years ago (MLSPIN #30425199)

Price History

Date / Event Date Event Price
Sep 28, 2006 Sold
Premium
Sold
Sep 1, 2000 Sold
Premium
Sold
Jun 27, 2000 Listed $249,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 1,386
  • Gross Building Area: 2,713
  • Building Area: 1,386
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,386
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 208301

Zoning

  • Zoning: NA

Geography

  • Account Number: 254024
  • Parcel: SAUG M:009-E B:0004 L:0011
  • Block: 4
  • Lot: 11
  • Municipality: SAUGUS
  • Latitude: 42.4673
  • Longitude: -71.0146

    Address

  • Full Address: 28 Summer Dr
  • Address - House Number: 28
  • Address - Street Name: Summer
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Saugus
  • Carrier Code: C004
  • 4-Digit Zip Code: 3363
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $621,000

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 626,909
  • High Value: 740,571
  • Low Value: 513,247

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $583,100
  • Assessed Land Value: $315,000
  • Assessed Improvements Value: $268,100

    Sales

  • Current Sale Recording Date: Sep 28, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 01, 2000
  • Previous Sale Amount: $240,000
  • 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 Downtown Saugus

Stats & Trends

Median Asking:

$699,450

Sale Price/ft²

$391

Below Asking

0.02%

Average Days on Market

50

Average Home Size

2860 ft²

Average Home Age

155.7 years

Currently For Sale

3 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: 4 years ago
Data Source: MLS PIN, MLS# 30425199

Frequently Asked Questions

When was property at 28 Summer Drive built and last sold?
The property at 28 Summer Drive was built in 1958 and last sold on Jan 1, 1970 for $290,000.
How much is this home worth?
The estimated value of the home located at 28 Summer Drive is $0.
What are some comparable homes to 28 Summer Drive?
There are currently no comparable homes to 28 Summer Drive.
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