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Saugus 01906 Oakland Vale
366 Main Street
$350,000
● House - Off Market

366 Main Street

Saugus, MA 01906
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,742 Ft²
$558,483
RealtyHop Estimate
59.61%
Since May 1, 2017
MA-Boston
Primary Model

About This Property

Spacious family home in need of repair and updating. Beautiful flat huge corner lot in an area of newer homes on the west side of town. Home is zoned single family but has been used for years as a two family property. A large covered deck overlooks the rear yard that can be easily used to expand the home or garage. A large one car garage under, two separate driveways with parking for 6 cars, some updated windows and room for storage in the basement. Home is sold in "AS IS" condition. Will not pass V/A of FHA financing guidelines. Open house Saturday February 18, 2017 from 12:00 to 1:30.
Unit Size
2,742 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$128
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1880

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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 #72119383)

Price History

Date / Event Date Event Price
Apr 28, 2017 Sold
Premium
Sold
Feb 15, 2017 Listed by Gannon Real Estate $349,900
Listed by Gannon Real Estate

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 31
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,440
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,718
  • Total Building Area: 3,601
  • Gross Building Area: 5,748
  • Building Area: 3,601
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,601
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000430
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Saugus School District
  • School Tax School District: SAUGUS SD
  • Census Tract: 208402

Zoning

  • Zoning: NA

Geography

  • Account Number: 3103025
  • Parcel: SAUG M:011-B B:0003 L:0014
  • Block: 3
  • Lot: 14
  • Municipality: SAUGUS
  • Latitude: 42.4739
  • Longitude: -71.0385

    Address

  • Full Address: 366 Main St
  • Address - House Number: 366
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C015
  • 4-Digit Zip Code: 3189
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $679,700

    Appraisal Valuation

  • Standard Deviation: 0.2408
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 625,413
  • High Value: 774,712
  • Low Value: 476,115

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $638,200
  • Assessed Land Value: $296,200
  • Assessed Improvements Value: $342,000

    Sales

  • Current Sale Recording Date: Apr 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 441
  • Previous Sale Recording Date: Oct 13, 2016
  • Previous Sale Document Type: 27
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 Oakland Vale

Stats & Trends

Median Asking:

$742,400

Sale Price/ft²

$366

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2795 ft²

Average Home Age

45.1 years

Currently For Sale

7 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# 72119383

Frequently Asked Questions

When was property at 366 Main Street built and last sold?
The property at 366 Main Street was built in 1880 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 366 Main Street is $383,169.
What are some comparable homes to 366 Main Street?
There are currently no comparable homes to 366 Main Street.
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