For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Saugus 01906 Lynnhurst
40 Central Street
$310,000
● House - Off Market

40 Central Street

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,412 Ft²
$483,180
RealtyHop Estimate
38.09%
Since Jun 1, 2020
MA-Boston
Primary Model

About This Property

Affordable 6 room Cape offers 3 bedrooms, oversized living room with wood stove and wood flooring, large dining room, galley kitchen, open floor plan, 1st floor master bedroom, updated, 1st floor full bath (2015), some updated windows, updated roof (2017), NEW (2020) oil tank, oversized detached shed/garage, level, corner lot.   Some TLC will make this home shine.  Great opportunity - don't miss out!
Unit Size
1,412 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$248
Property Type
House
Property Taxes
$320
HOA Dues
-
Year Built
1905

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72627180)

Price History

Date / Event Date Event Price
May 29, 2020 Sold
Premium
Sold
Mar 3, 2020 Listed by Carpenito Real Estate, Inc. $349,900
Listed by Carpenito Real Estate, Inc.
Mar 19, 2003 Sold
Premium
Sold
Sep 10, 2002 Listed by Carpenito Real Estate, Inc. $269,900
Listed by Carpenito Real Estate, Inc.

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 391
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,471
  • Total Building Area: 1,412
  • Gross Building Area: 2,036
  • Building Area: 1,412
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,412
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • 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: 1410008
  • Parcel: SAUG M:013-E B:0005 L:0001
  • Block: 5
  • Lot: 1
  • Municipality: SAUGUS
  • Latitude: 42.4814
  • Longitude: -71.0098

    Address

  • Full Address: 40 Central St
  • Address - House Number: 40
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C012
  • 4-Digit Zip Code: 1250
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $478,300

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 516,200
  • High Value: 612,702
  • Low Value: 419,698

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $449,100
  • Assessed Land Value: $256,400
  • Assessed Improvements Value: $192,700

    Sales

  • Current Sale Contract Date: May 20, 2020
  • Current Sale Recording Date: May 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200529002420
  • Previous Sale Recording Date: Mar 19, 2003
  • Previous Sale Amount: $230,000
  • 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 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72627180

Frequently Asked Questions

When was property at 40 Central Street built and last sold?
The property at 40 Central Street was built in 1905 and last sold on May 20, 2020 for $310,000.
How much is this home worth?
The estimated value of the home located at 40 Central Street is $355,344.
What are some comparable homes to 40 Central Street?
There are currently no comparable homes to 40 Central Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Saugus Homes for Sale
Saugus Houses for Sale
Saugus Condos for Sale
Saugus Multifamily for Sale
Saugus Land for Sale
Saugus Commercial for Sale
Saugus Homes with Basements
Saugus Homes with Pools
Nearby Cities
Lynn Homes for Sale
Cambridge Homes for Sale
Somerville Homes for Sale
Medford Homes for Sale
Peabody Homes for Sale
Malden Homes for Sale
Revere Homes for Sale
Melrose Homes for Sale
Nearby Property Records
Suffolk County, MA Property Records
Middlesex County, MA Property Records
Essex County, MA Property Records
Norfolk County, MA Property Records
Rockingham County, NH Property Records
Plymouth County, MA Property Records
Hillsborough County, NH Property Records
Worcester County, MA Property Records
Neighborhoods
Maplewood Real Estate
West Revere Real Estate
Thompson Square - Bunker Hill Real Estate
Glendale Real Estate
Winchester Town Center Real Estate
North End Real Estate
Beacon Hill Real Estate
Peabody Town Center Real Estate
Nearby Counties
Lynn Homes for Sale
Cambridge Homes for Sale
Somerville Homes for Sale
Medford Homes for Sale
Peabody Homes for Sale
Malden Homes for Sale
Revere Homes for Sale
Melrose Homes for Sale
Top Real Estate Agents
Top Agents in Lynnhurst
Top Agents in Saugus
Top Agents in Lynn
Top Agents in Lynn
Top Agents in Cambridge
Top Agents in Cambridge
Top Agents in Somerville
Top Agents in Somerville