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Saugus 01906 North Saugus
29 Water Street
$440,000
● House - Off Market

29 Water Street

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,328 Ft²
$637,662
RealtyHop Estimate
44.96%
Since Apr 1, 2019
MA-Boston
Primary Model

About This Property

Desirable one-level living in this 5 room, 3 bedroom Ranch.  Features include living room with wood burning fireplace and bow window, updated eat in kitchen with atrium door to back deck, huge lower level just waiting to be finished with wood burning stove and great ceiling height, 16,000 square foot level lot with above ground pool, plenty of off street parking.  Updates include roof, windows, vinyl siding, electrical service, pool liner and pool pump.  Close to Cedar Glen Golf Course, Route One and public transportation and minutes to shops and restaurants at Market Street.  Make this house your home just in time for the new year.
Unit Size
1,328 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$331
Property Type
House
Property Taxes
$363
HOA Dues
-
Year Built
1953

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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 #72426876)

Price History

Date / Event Date Event Price
Mar 22, 2019 Sold
Premium
Sold
Nov 26, 2018 Listed by Carpenito Real Estate, Inc. $439,900
Listed by Carpenito Real Estate, Inc.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,328
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,000
  • Total Building Area: 1,328
  • Gross Building Area: 3,098
  • Building Area: 1,328
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,328
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000367
  • 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: 208401

Zoning

  • Zoning: NA

Geography

  • Account Number: 1218008
  • Parcel: SAUG M:016-D B:0001 L:0012
  • Block: 1
  • Lot: 12
  • Municipality: SAUGUS
  • Latitude: 42.4952
  • Longitude: -71.0233

    Address

  • Full Address: 29 Water St
  • Address - House Number: 29
  • Address - Street Name: Water
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C011
  • 4-Digit Zip Code: 1932
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $556,800

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 615,216
  • High Value: 723,294
  • Low Value: 507,138

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $522,800
  • Assessed Land Value: $288,000
  • Assessed Improvements Value: $234,800

    Sales

  • Current Sale Contract Date: Mar 20, 2019
  • Current Sale Recording Date: Mar 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190322001610
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 North Saugus

Stats & Trends

Median Asking:

$794,000

Sale Price/ft²

$393

Below Asking

0.03%

Average Days on Market

55

Average Home Size

2937 ft²

Average Home Age

49.8 years

Currently For Sale

4 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# 72426876

Frequently Asked Questions

When was property at 29 Water Street built and last sold?
The property at 29 Water Street was built in 1953 and last sold on Mar 20, 2019 for $440,000.
How much is this home worth?
The estimated value of the home located at 29 Water Street is $453,925.
What are some comparable homes to 29 Water Street?
There are currently no comparable homes to 29 Water Street.
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