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Saugus 01906 North Saugus
40 Hobson Street
$540,000
● House - Off Market

40 Hobson Street

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,402 Ft²
$705,938
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Looking for privacy and room for the whole family, don't miss this sprawling 10+ Room Ranch, features 3-4 bedrooms, great open concept living room, eat in kitchen, dining room and entertainment size family room featuring cathedral ceilings, gas fireplace, beautiful hardwood floors, slider to private deck overlooking above ground pool, three bedrooms, office and beautifully renovated full bath with whirlpool tub.  Finished lower level - great extended living space offers kitchenette, family room, 4th bedroom & full bath.  Fenced yard with deck, oversized storage shed with electricity - perfect for hobbies.  Nicely located on dead-end street.  Group Showings Saturday August 8, please call to schedule time.
Unit Size
3,402 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$159
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
1968

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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 #72704109)

Price History

Date / Event Date Event Price
Sep 29, 2020 Sold
Premium
Sold
Aug 5, 2020 Listed by Carpenito Real Estate, Inc. $539,900
Listed by Carpenito Real Estate, Inc.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,333
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,894
  • Total Building Area: 1,632
  • Gross Building Area: 3,402
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREAT WOODS PARK
  • Land Acres: 0000000250
  • 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: 2718007
  • Parcel: SAUG M:014-E B:0010 L:0001
  • Block: 10
  • Lot: 1
  • Municipality: SAUGUS
  • Latitude: 42.4892
  • Longitude: -71.0108

    Address

  • Full Address: 40 Hobson St
  • Address - House Number: 40
  • Address - Street Name: Hobson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C024
  • 4-Digit Zip Code: 1124
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $695,400

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 710,217
  • High Value: 831,549
  • Low Value: 588,885

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $653,000
  • Assessed Land Value: $327,200
  • Assessed Improvements Value: $325,800

    Sales

  • Current Sale Contract Date: Sep 28, 2020
  • Current Sale Recording Date: Sep 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200929002970
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 North Saugus

Stats & Trends

Median Asking:

$794,000

Sale Price/ft²

$393

Below Asking

0.03%

Average Days on Market

55

Average Home Size

2937 ft²

Average Home Age

49.8 years

Currently For Sale

4 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# 72704109

Frequently Asked Questions

When was property at 40 Hobson Street built and last sold?
The property at 40 Hobson Street was built in 1968 and last sold on Sep 28, 2020 for $540,000.
How much is this home worth?
The estimated value of the home located at 40 Hobson Street is $598,216.
What are some comparable homes to 40 Hobson Street?
There are currently no comparable homes to 40 Hobson Street.
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