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Saugus 01906 Lynnhurst
37 Biscayne Ave
$710,000
● House - Off Market

37 Biscayne Ave

Saugus, MA 01906
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,438 Ft²
$748,410
RealtyHop Estimate
15.16%
Since Jul 1, 2021
MA-Boston
Primary Model

About This Property

Split entry located on a quiet cul de sac. Large enough for the whole family with an in-law apartment on the lower level. The main level offers updated kitchen w/granite countertops, stainless steel appliances, plenty of cabinets, dining area, living room, three beds and a full bath. Separate In law space located in the lower level features a family room, full kitchen, full bath, and 2 bedrooms. Fenced-in yard offers a built in pool with 4 season room and deck overlooking the pool. Central AC, Gas heat.  Conveniently located near route 1 and all Major highways. All offers if any, to be reviewed Tuesday, 5/25 at noon. All real estate agents and visitors are asked to wear masks covering their mouth and nose when viewing the property.
Unit Size
2,438 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$267
Property Type
House
Property Taxes
$484
HOA Dues
-
Year Built
1965

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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 years ago (MLSPIN #72834810)

Price History

Date / Event Date Event Price
Jun 30, 2021 Sold
Premium
Sold
May 19, 2021 Listed by Century 21 North East $649,900
Listed by Century 21 North East

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 1,200
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,328
  • Total Building Area: 2,462
  • Gross Building Area: 2,822
  • Building Area: 2,462
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,462
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000237
  • 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: 5684035
  • Parcel: SAUG M:010-F B:0011 L:0009
  • Block: 11
  • Lot: 9
  • Municipality: SAUGUS
  • Latitude: 42.4697
  • Longitude: -71.002

    Address

  • Full Address: 37 Biscayne Ave
  • Address - House Number: 37
  • Address - Street Name: Biscayne
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Saugus
  • Carrier Code: C019
  • 4-Digit Zip Code: 2203
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $732,700

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 777,439
  • High Value: 900,239
  • Low Value: 654,640

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $688,000
  • Assessed Land Value: $313,200
  • Assessed Improvements Value: $374,800

    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: 626806
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

3701 ft²

Average Home Age

30.3 years

Currently For Sale

8 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: 5 years ago
Data Source: MLS PIN, MLS# 72834810

Frequently Asked Questions

When was property at 37 Biscayne Avenue built and last sold?
The property at 37 Biscayne Avenue was built in 1965 and last sold on Jun 30, 2021 for $710,000.
How much is this home worth?
The estimated value of the home located at 37 Biscayne Avenue is $661,686.
What are some comparable homes to 37 Biscayne Avenue?
There are currently no comparable homes to 37 Biscayne Avenue.
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