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Saugus 01906 Lynnhurst
311 Walnut Street
$360,000
● House - Off Market

311 Walnut Street

Saugus, MA 01906
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,084 Ft²
$386,635
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

Great opportunity to make this custom built ranch your own!   Fireplace living room, eat-in kitchen, two bedrooms and full bath. Hardwood & slate flooring, cedar closets, updated heating system, one car oversized garage, private tranquil lot, with patio and great views of Birch Pond Reservoir!   Wonderful home to shape into your dream home with amazing, unobtrusive water views!   Will not quality for FHA financing.  Showings began Monday 8/17 email Listing Agent to schedule a time to view on Monday.  Offers, if any, will be due Tuesday 8/18 by 5:00 PM.
Unit Size
1,084 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$277
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1967

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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 #72709931)

Price History

Date / Event Date Event Price
Jun 30, 2021 Sold
Premium
Sold
Apr 7, 2021 Listed by Carpenito Real Estate, Inc. $558,900
Listed by Carpenito Real Estate, Inc.
Oct 2, 2020 Sold
Premium
Sold
Aug 14, 2020 Listed by Carpenito Real Estate, Inc. $299,900
Listed by Carpenito Real Estate, Inc.
Mar 5, 2007 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 798
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,918
  • Total Building Area: 1,084
  • Gross Building Area: 1,882
  • Building Area: 1,084
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,084
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000274
  • 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: 676010
  • Parcel: SAUG M:012-F B:0002 L:0006
  • Block: 2
  • Lot: 6
  • Municipality: SAUGUS
  • Latitude: 42.4804
  • Longitude: -71.0073

    Address

  • Full Address: 311 Walnut St
  • Address - House Number: 311
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C024
  • 4-Digit Zip Code: 1275
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $563,100

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 617,697
  • High Value: 723,224
  • Low Value: 512,171

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $528,700
  • Assessed Land Value: $275,800
  • Assessed Improvements Value: $252,900

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210630004570
  • Previous Sale Recording Date: Oct 02, 2020
  • Previous Sale Contract Date: Sep 18, 2020
  • Previous Sale Amount: $360,000
  • 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:

$627,400

Sale Price/ft²

$403

Below Asking

0.01%

Average Days on Market

61

Average Home Size

3529 ft²

Average Home Age

34.2 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# 72709931

Frequently Asked Questions

When was property at 311 Walnut Street built and last sold?
The property at 311 Walnut Street was built in 1967 and last sold on Jun 30, 2021 for $600,000.
How much is this home worth?
The estimated value of the home located at 311 Walnut Street is $554,248.
What are some comparable homes to 311 Walnut Street?
There are currently no comparable homes to 311 Walnut Street.
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