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Saugus 01906 Lynnhurst
38 Hesper St
$405,000
● House - Off Market

38 Hesper St

Saugus, MA 01906
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,642 Ft²
$593,449
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

Very spacious two story colonial home has 4 bedrooms, mostly hardwood floors, fireplace, garage, large yard and potential galore!   Three bedrooms on the 2nd floor, master bedroom with half bath on 1st level,  front to back family room, living room with fireplace, basement with high ceilings and much more.   The lucky buyer will need a renovation loan to install their new kitchen, boiler and other personal improvements. Come take a look. Put on those rosy colored glasses and see this home right away!
Unit Size
2,642 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$151
Property Type
House
Property Taxes
$458
HOA Dues
-
Year Built
1989

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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 #72396706)

Price History

Date / Event Date Event Price
Nov 14, 2018 Sold
Premium
Sold
Sep 15, 2018 Listed by Tache Real Estate, Inc. $399,000
Listed by Tache Real Estate, Inc.
Sep 27, 2013 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,454
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,102
  • Total Building Area: 2,642
  • Gross Building Area: 4,416
  • Building Area: 2,642
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,642
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000186
  • 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: 5816014
  • Parcel: SAUG M:009-F B:0012 L:0015
  • Block: 12
  • Lot: 15
  • Municipality: SAUGUS
  • Latitude: 42.4672
  • Longitude: -71.0032

    Address

  • Full Address: 38 Hesper St
  • Address - House Number: 38
  • Address - Street Name: Hesper
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C019
  • 4-Digit Zip Code: 2281
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $756,600

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 790,712
  • High Value: 915,609
  • Low Value: 665,816

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $710,400
  • Assessed Land Value: $317,200
  • Assessed Improvements Value: $393,200

    Sales

  • Current Sale Recording Date: Nov 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 181114005170
  • Previous Sale Recording Date: Sep 27, 2013
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: 34
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72396706

Frequently Asked Questions

When was property at 38 Hesper Street built and last sold?
The property at 38 Hesper Street was built in 1989 and last sold on Jan 1, 1970 for $405,000.
How much is this home worth?
The estimated value of the home located at 38 Hesper Street is $432,180.
What are some comparable homes to 38 Hesper Street?
There are currently no comparable homes to 38 Hesper Street.
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