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Saugus 01906 Cliftondale
40 Chestnut Street
$305,000
● House - Off Market

40 Chestnut Street

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,678 Ft²
$563,035
RealtyHop Estimate
76.00%
Since Feb 1, 2016
MA-Boston
Primary Model

About This Property

Conveniently located 7 room Cape/Colonial offers 3 bedrooms, 2 full baths, fireplace living room, dining room, 1st floor family room/den leading to 3rd bedroom/loft area, spacious eat-in kitchen with ceramic tile flooring, hardwood floors, enclosed side porch, two decks, one car garage under, large, fenced in yard.
Unit Size
1,678 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$191
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1897

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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 months ago (MLSPIN #71920192)

Price History

Date / Event Date Event Price
Jan 25, 2016 Sold
Premium
Sold
Oct 16, 2015 Listed by Carpenito Real Estate, Inc. $319,900
Listed by Carpenito Real Estate, Inc.
Nov 5, 2003 Sold
Premium
Sold
Aug 7, 2003 Listed by Carpenito Real Estate, Inc. $294,900
Listed by Carpenito Real Estate, Inc.
Feb 16, 1996 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1897
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,119
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,225
  • Total Building Area: 1,679
  • Gross Building Area: 3,859
  • Building Area: 1,679
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,679
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • 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: 208101

Zoning

  • Zoning: NA

Geography

  • Account Number: 3230034
  • Parcel: SAUG M:007-G B:0013 L:0008
  • Block: 13
  • Lot: 8
  • Municipality: SAUGUS
  • Latitude: 42.4587
  • Longitude: -70.9899

    Address

  • Full Address: 40 Chestnut St
  • Address - House Number: 40
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C006
  • 4-Digit Zip Code: 1604
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $528,900

    Appraisal Valuation

  • Standard Deviation: 0.2332
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 67
  • Final Value: 600,244
  • High Value: 740,261
  • Low Value: 460,227

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $496,600
  • Assessed Land Value: $258,700
  • Assessed Improvements Value: $237,900

    Sales

  • Current Sale Recording Date: Jan 25, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 304
  • Previous Sale Recording Date: Nov 05, 2003
  • Previous Sale Amount: $301,000
  • 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 Cliftondale

Stats & Trends

Median Asking:

$644,450

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1656 ft²

Average Home Age

109.5 years

Currently For Sale

12 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: 5 months ago
Data Source: MLS PIN, MLS# 71920192

Frequently Asked Questions

When was property at 40 Chestnut Street built and last sold?
The property at 40 Chestnut Street was built in 1897 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 40 Chestnut Street is $346,015.
What are some comparable homes to 40 Chestnut Street?
There are currently no comparable homes to 40 Chestnut Street.
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