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Saugus 01906 Lynnhurst
31 Sterling Avenue
$410,000
● House - Off Market

31 Sterling Avenue

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,620 Ft²
$729,018
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

Pristine 9 room Raised Ranch boasting 3 spacious bedrooms, 2 full baths, spacious living room/dining room combination, hardwood floors, nicely updated eat-in kitchen, heated sunroom w/ vaulted ceiling, master bedroom with walk-in closet, finished lower level offers fireplace (wood stove insert) family room and newer second kitchen with pantry, island seating and ceramic tile flooring with french door leading to well manicured yard with in-ground pool and covered patio for complete summer enjoyment and entertaining, one car garage with newer door opener, newer gas heat and central air, security and intercom system.  Perfectly located in desirable Lynnhurst neighborhood.  You won't be disappointed!
Unit Size
1,620 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$259
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1960

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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 #71857928)

Price History

Date / Event Date Event Price
Aug 17, 2015 Sold
Premium
Sold
Jun 16, 2015 Listed by Carpenito Real Estate, Inc. $419,900
Listed by Carpenito Real Estate, Inc.
Jun 29, 2004 Sold
Premium
Sold
Apr 25, 2004 Listed by Carpenito Real Estate, Inc. $419,900
Listed by Carpenito Real Estate, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 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: 1,118
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,951
  • Gross Building Area: 2,626
  • Building Area: 1,951
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,951
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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

  • Account Number: 2347014
  • Parcel: SAUG M:011-F B:0011 L:0003
  • Block: 11
  • Lot: 3
  • Municipality: SAUGUS
  • Latitude: 42.4734
  • Longitude: -71.0007

    Address

  • Full Address: 31 Sterling Ave
  • Address - House Number: 31
  • Address - Street Name: Sterling
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Saugus
  • Carrier Code: C005
  • 4-Digit Zip Code: 1317
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $639,200

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 694,629
  • High Value: 813,298
  • Low Value: 575,960

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $600,200
  • Assessed Land Value: $324,000
  • Assessed Improvements Value: $276,200

    Sales

  • Current Sale Recording Date: Aug 17, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 564608
  • Previous Sale Recording Date: Jun 29, 2004
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: 48
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71857928

Frequently Asked Questions

When was property at 31 Sterling Avenue built and last sold?
The property at 31 Sterling Avenue was built in 1960 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 31 Sterling Avenue is $431,922.
What are some comparable homes to 31 Sterling Avenue?
There are currently no comparable homes to 31 Sterling Avenue.
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