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Saugus 01906 Cliftondale
374 Lincoln Ave
$615,500
● House - Off Market

374 Lincoln Ave

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,594 Ft²
$551,844
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model

About This Property

HIGHEST & BEST DEADLINE IS TUES MAY 2 at 5PM!  IT'S LISTED LOW.  I know, I agree!  Seller intentionally chose to list it less than market price, to ensure it sells. Not many sellers are willing to take this approach!  NEWLY RENOVATED featuring fresh paint from top to bottom inside the house & also outside the house, GLEAMING hardwood floors, updated kitchen with brand new QUARTZ counters, stainless appliances, Newer heat & CENTRAL AIR, spacious basement with tall ceilings, GIGANTIC-WELL-INSULATED-WALK-UP ATTIC offering tons of possibilities, over-sized walk-in closet in primary bedroom, & more.  SELLER paying for a FREE 1 YR HOME WARRANTY from American Home Shield!
Unit Size
1,594 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$345
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1890

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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: 6 months ago (MLSPIN #73102996)

Price History

Date / Event Date Event Price
Jun 2, 2023 Sold
Premium
Sold
May 3, 2023 In contract -
In contract
Apr 25, 2023 Listed by Proactive Realty $550,000
Listed by Proactive Realty
Dec 15, 2022 Sold
Premium
Sold
Dec 11, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • 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: 16
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 782
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,190
  • Total Building Area: 1,516
  • Gross Building Area: 3,050
  • Building Area: 1,516
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,516
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLENWOOD
  • Land Acres: 0000000096
  • 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: 208102

Zoning

  • Zoning: NA

Geography

  • Account Number: 9794031
  • Parcel: SAUG M:005-F B:0017 L:0027
  • Block: 17
  • Lot: 27
  • Municipality: SAUGUS
  • Latitude: 42.4499
  • Longitude: -71.0041

    Address

  • Full Address: 374 Lincoln Ave
  • Address - House Number: 374
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Saugus
  • Carrier Code: C016
  • 4-Digit Zip Code: 3973
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $521,900

    Appraisal Valuation

  • Standard Deviation: 0.2078
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 629,997
  • High Value: 760,931
  • Low Value: 499,062

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $490,000
  • Assessed Land Value: $252,600
  • Assessed Improvements Value: $237,400

    Sales

  • Current Sale Contract Date: Jun 02, 2023
  • Current Sale Recording Date: Jun 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20230602001940
  • Previous Sale Recording Date: Dec 15, 2022
  • Previous Sale Contract Date: Dec 15, 2022
  • Previous Sale Amount: $330,250
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$654,900

Sale Price/ft²

$377

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1866 ft²

Average Home Age

100 years

Currently For Sale

16 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: 6 months ago
Data Source: MLS PIN, MLS# 73102996

Frequently Asked Questions

When was property at 374 Lincoln Avenue built and last sold?
The property at 374 Lincoln Avenue was built in 1890 and last sold on Jun 2, 2023 for $615,500.
How much is this home worth?
The estimated value of the home located at 374 Lincoln Avenue is $547,711.
What are some comparable homes to 374 Lincoln Avenue?
There are currently no comparable homes to 374 Lincoln Avenue.
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