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Saugus 01906 Oakland Vale
38 Lake Dam Rd
Photo of 38 Lake Dam Rd
Sold on May 3, 2010

1

Map

$485,000
● House - Off Market

38 Lake Dam Rd

Saugus, MA 01906
bedrooms
6 Beds
bathrooms
4 Baths
square feet
3,454 Ft²
$993,737
RealtyHop Estimate
102.84%
Since Jun 1, 2010
MA-Boston
Primary Model

About This Property

GOLDEN HILLS - WATERFRONT UNIQUE COLONIAL featuring 12 rms, 6 beds, 4 baths. Situated between Griswold & Spring Pond to enjoy water views, swimming, boating and fishing outside your door. 1st level 6/3/1 w/ fully applianced modern kitchen w/custom cabinetry. 2nd level 6/3/2 w/CUSTOM CHERRY CHEF'S KITCHEN / GRANITE, cntr island, hi end appliances (SUBZERO / DCS) h/w floors, central A/C, inground pool w/cabana, gazebo, patio. BONUS 4 rm finished basement "GUEST SUITE"  EXTENDED FAMILY OPPURTUNITY!
Unit Size
3,454 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$142
Property Type
House
Property Taxes
$461
HOA Dues
-
Year Built
1920

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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: 2 years ago (MLSPIN #71034538)

Price History

Date / Event Date Event Price
May 3, 2010 Sold
Premium
Sold
Feb 18, 2010 Listed $489,900
Listed
Oct 5, 1993 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 31
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,709
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,621
  • Total Building Area: 3,454
  • Gross Building Area: 5,478
  • Building Area: 3,454
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,454
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000313
  • 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: 8036030
  • Parcel: SAUG M:012-A B:0007 L:0015
  • Block: 7
  • Lot: 15
  • Municipality: SAUGUS
  • Latitude: 42.4779
  • Longitude: -71.052

    Address

  • Full Address: 38 Lake Dam Rd
  • Address - House Number: 38
  • Address - Street Name: Lake Dam
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Saugus
  • Carrier Code: C021
  • 4-Digit Zip Code: 4015
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,077,400

    Appraisal Valuation

  • Standard Deviation: 0.164
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 1,114,081
  • High Value: 1,296,362
  • Low Value: 931,799

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,011,600
  • Assessed Land Value: $308,900
  • Assessed Improvements Value: $702,700

    Sales

  • Current Sale Recording Date: May 03, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 509017
  • Previous Sale Recording Date: Oct 05, 1993
  • Previous Sale Amount: $138,000
  • Previous Sale Document Type: 43
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:

$749,900

Sale Price/ft²

$365

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2640 ft²

Average Home Age

40.3 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: 2 years ago
Data Source: MLS PIN, MLS# 71034538

Frequently Asked Questions

When was property at 38 Lake Dam Road built and last sold?
The property at 38 Lake Dam Road was built in 1920 and last sold on Jan 1, 1970 for $485,000.
How much is this home worth?
The estimated value of the home located at 38 Lake Dam Road is $0.
What are some comparable homes to 38 Lake Dam Road?
There are currently no comparable homes to 38 Lake Dam Road.
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