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Saugus 01906 Lynnhurst
3 Powderkeg Way
$1,000,000
● House - Off Market

3 Powderkeg Way

Saugus, MA 01906
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
3,582 Ft²
$984,057
RealtyHop Estimate
1.97%
Since May 1, 2022
MA-Boston
Primary Model

About This Property

Stately 2013 newer construction with lots of upgrades in an exclusive and desirable Stonecliffe Heights neighborhood! 4 Bedrooms, 2 full and 2 half baths, 2 car garage center entrance colonial w/ great use of space.  Open floor plan and finished basement with a bar for entertainment. Interior features include SS appliances, custom kitchen cabinetry, granite counters. Good size family room with gas fireplace, and hardwood floors on both floors. Extra large master bedroom has large walk-in, and brand new master bathroom with walk-in shower. Two-story open foyer, fenced in yard, locates on a cul de sac
Unit Size
3,582 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$269
Property Type
House
Property Taxes
$737
HOA Dues
-
Year Built
2013

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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 #72943822)

Price History

Date / Event Date Event Price
Apr 13, 2022 Sold
Premium
Sold
Feb 17, 2022 Listed by Kava Realty Group, Inc. $965,000
Listed by Kava Realty Group, Inc.
Feb 24, 2020 Sold
Premium
Sold
Nov 30, 2019 Listed by Kava Realty Group, Inc. $850,000
Listed by Kava Realty Group, Inc.
Jul 18, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,134
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,132
  • Total Building Area: 3,412
  • Gross Building Area: 4,507
  • Building Area: 3,412
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,412
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 10 PORTER STREET CONDO
  • Land Acres: 0000000233
  • 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: 208302

Zoning

  • Zoning: NA

Geography

  • Parcel: SAUG M:010-G B:0012 L:0002
  • Block: 12
  • Lot: 2
  • Municipality: SAUGUS
  • Latitude: 42.4707
  • Longitude: -70.9986

    Address

  • Full Address: 3 Powderkeg Way
  • Address - House Number: 3
  • Address - Street Name: Powderkeg
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Saugus
  • Carrier Code: C005
  • 4-Digit Zip Code: 1494
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,060,000

    Appraisal Valuation

  • Standard Deviation: 0.1563
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,077,535
  • High Value: 1,245,998
  • Low Value: 909,073

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $995,300
  • Assessed Land Value: $342,500
  • Assessed Improvements Value: $652,800

    Sales

  • Current Sale Contract Date: Apr 13, 2022
  • Current Sale Recording Date: Apr 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220413002470
  • Previous Sale Recording Date: Feb 24, 2020
  • Previous Sale Contract Date: Feb 24, 2020
  • Previous Sale Amount: $835,000
  • Previous Sale Document Type: O
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 Lynnhurst

Stats & Trends

Median Asking:

$629,900

Sale Price/ft²

$404

Below Asking

0.01%

Average Days on Market

59

Average Home Size

3475 ft²

Average Home Age

39.3 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72943822

Frequently Asked Questions

When was property at 3 Powderkeg Way built and last sold?
The property at 3 Powderkeg Way was built in 2013 and last sold on Apr 13, 2022 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 3 Powderkeg Way is $984,234.
What are some comparable homes to 3 Powderkeg Way?
There are currently no comparable homes to 3 Powderkeg Way.
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