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Saugus 01906 Cliftondale
40 Morton
$155,000
● House - Off Market

40 Morton

Saugus, MA 01906
bedrooms
2 Beds
bathrooms
1 Bath
square feet
950 Ft²
$561,500
RealtyHop Estimate
251.16%
Since Apr 1, 1999
MA-Boston
Primary Model

About This Property

MOVE RIGHT IN TO THIS PICTURE PERFECT RANCH. NEW KITCHEN WINDOWS, AND HEATING SYSTEM. SIDE STREET LOCATION. NICE BACK YARD, GREAT EXPANSION POSSIBILITIES
Unit Size
950 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$168
Property Type
House
Property Taxes
$116
HOA Dues
-
Year Built
1957

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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 years ago (MLSPIN #30294291)

Price History

Date / Event Date Event Price
Jul 17, 2003 Sold
Premium
Sold
Apr 11, 2003 Listed by Carpenito Real Estate, Inc. $339,900
Listed by Carpenito Real Estate, Inc.
Mar 26, 1999 Sold
Premium
Sold
Feb 17, 1999 Listed by Carpenito Real Estate, Inc. $159,900
Listed by Carpenito Real Estate, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,584
  • Total Building Area: 864
  • Gross Building Area: 2,020
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 864
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000128
  • 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: 208102

Zoning

  • Zoning: NA

Geography

  • Account Number: 8980018
  • Parcel: SAUG M:005-F B:0021 L:0035
  • Block: 21
  • Lot: 35
  • Municipality: SAUGUS
  • Latitude: 42.4478
  • Longitude: -71

    Address

  • Full Address: 40 Morton Ave
  • Address - House Number: 40
  • Address - Street Name: Morton
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Saugus
  • Carrier Code: C016
  • 4-Digit Zip Code: 3949
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $497,200

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 565,712
  • High Value: 662,357
  • Low Value: 469,067

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $466,900
  • Assessed Land Value: $282,400
  • Assessed Improvements Value: $184,500

    Sales

  • Current Sale Recording Date: Jul 17, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 26, 1999
  • Previous Sale Amount: $155,000
  • 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:

$649,000

Sale Price/ft²

$378

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1460 ft²

Average Home Age

115.4 years

Currently For Sale

9 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 years ago
Data Source: MLS PIN, MLS# 30294291

Frequently Asked Questions

When was property at 40 Morton Avenue built and last sold?
The property at 40 Morton Avenue was built in 1957 and last sold on Jan 1, 1970 for $336,000.
How much is this home worth?
The estimated value of the home located at 40 Morton Avenue is $354,427.
What are some comparable homes to 40 Morton Avenue?
There are currently no comparable homes to 40 Morton Avenue.
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