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Saugus 01906 Cliftondale
36 Gates Rd
$339,900
● House - Off Market

36 Gates Rd

Saugus, MA 01906
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$512,531
RealtyHop Estimate
42.41%
Since Nov 1, 2019
MA-Boston
Primary Model

About This Property

Opportunity awaits the next owner of this classic BUNGALOW in sought-after Saugus. This home welcomes you at the front entrance with it's spacious living room,  hardwood floors and large windows that provide plenty of natural light.  The main level also has 2 Bedrooms, 1 Full bath and kitchen with efficient work space, original wood cabinets, and a walk out to stairs that lead to the large, level 6,700 sq ft lot.  The yard is fully fenced and the driveway is connected to and provides access to both Henry Street and Gates Road.    The basement 18'  x 13' family room offers additional living space, plus a workshop and utility laundry area.  .  There's a walkout from the basement that leads to the patio and back yard.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$360
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1945

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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: 5 months ago (MLSPIN #72539537)

Price History

Date / Event Date Event Price
Aug 19, 2021 Sold
Premium
Sold
Jun 24, 2021 Listed by Century 21 Tradition $599,900
Listed by Century 21 Tradition
Oct 31, 2019 Sold
Premium
Sold
Jul 24, 2019 Listed by Century 21 Tradition $359,900
Listed by Century 21 Tradition

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 2
  • Basement Area: 760
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,700
  • Total Building Area: 1,560
  • Gross Building Area: 2,368
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000154
  • 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: 208101

Zoning

  • Zoning: NA

Geography

  • Account Number: 7116025
  • Parcel: SAUG M:005-H B:0008 L:0057
  • Block: 8
  • Lot: 57
  • Municipality: SAUGUS
  • Latitude: 42.45
  • Longitude: -70.9891

    Address

  • Full Address: 36 Gates Rd
  • Address - House Number: 36
  • Address - Street Name: Gates
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Saugus
  • Carrier Code: C007
  • 4-Digit Zip Code: 1829
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $614,500

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 664,815
  • High Value: 781,606
  • Low Value: 548,024

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $577,000
  • Assessed Land Value: $312,100
  • Assessed Improvements Value: $264,900

    Sales

  • Current Sale Contract Date: Aug 19, 2021
  • Current Sale Recording Date: Aug 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210819003830
  • Previous Sale Recording Date: Oct 31, 2019
  • Previous Sale Contract Date: Oct 29, 2019
  • Previous Sale Amount: $339,000
  • 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 Cliftondale

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1847 ft²

Average Home Age

105.9 years

Currently For Sale

13 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: 5 months ago
Data Source: MLS PIN, MLS# 72539537

Frequently Asked Questions

When was property at 36 Gates Road built and last sold?
The property at 36 Gates Road was built in 1945 and last sold on Aug 19, 2021 for $620,000.
How much is this home worth?
The estimated value of the home located at 36 Gates Road is $611,948.
What are some comparable homes to 36 Gates Road?
There are currently no comparable homes to 36 Gates Road.
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